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Showing 10161 - 10170 of 17967 results for "Bank"

Light-years before Macquarie and YBR bother banks

MARK SMITH  |  FRIDAY, 9 NOV 2012
... competitor to Australia's big four banks. Under the deal, Yellow Brick Road will try to undercut the likes of Commonwealth Bank, Westpac, ANZ and NAB by as much as 1.15% on all new home loans for the first 12 months. While Yellow Brick Road chairman ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... of this week hasn't changed one iota of the future. It was status quo all around. The songs remain the same. The Reserve Bank of Australia, the European Central Bank and the Bank of England all kept monetary policy thingies as they were a few days ago. ...

Market wrap AM

AAP  |  FRIDAY, 9 NOV 2012
... Friday, the December share price index futures contract was down 37 points at 4,449. In economic news on Friday, the Reserve Bank of Australia is due to release its Statement on Monetary Policy. In equities news, Macmahon Holdings is due to hold its ...

Markets await promising China leadership change

MARK SMITH  |  THURSDAY, 8 NOV 2012
China's upcoming leadership change will bring significant economic reforms promoting market efficiency and putting an end to fears of a hard landing, according to Threadneedle's Gigi Chan. As Barrack Obama prepares for four more years in office in the ...

AUI calls it quits on two mortgage trusts

BEN COLLINS  |  THURSDAY, 8 NOV 2012
Poor market sentiment and the introduction of bank guarantees have forced the closure of two mortgage trusts. Australian Unity Investments (AUI) decided yesterday to close its Mortgage Income Trust (MIT) and Wholesale Mortgage Income Trust (WMIT). All ...

New MD for Plum Financial Services

BEN COLLINS  |  THURSDAY, 8 NOV 2012
... Lara Bourguignon has been appointed Managing Director of Plum Financial Services. Plum, which is part of National Australia Bank's wealth division, is a corporate superannuation provider. It has around $14 billion in committed funds. Bourguignon will ...

Domacom app linked to next-gen RM product launch

MARK STORY  |  THURSDAY, 8 NOV 2012
... generation products - currently under development - to meet unfulfilled demand for equity release products beyond the traditional bank funded and debt-based product offerings. It's understood that DomaCom's platform will provide a low-cost vehicle that ...

Reliance on improving global economy threatens big-four in 2013

MARK SMITH  |  THURSDAY, 8 NOV 2012
... appear solid. He thinks the banks will generate a return for investors based on a strategy of increasing income. "A sensible bank should provision swiftly and conservatively when there are clouds on the economic horizon - such as a decrease in the GDP ...

RBA holds rates but deploys rhetoric as magic pudding

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
Reserve Bank governor Glen Stevens can hold off policy adjustments if rhetoric can help get the economy moving again, according to Instreet managing director George Lucas. Yesterday the Reserve Bank of Australia (RBA) surprised the market by holding ...

Market Wrap - PM

AAP  |  WEDNESDAY, 7 NOV 2012
... first quarter of the 2012/13 financial year. News Corp shares were 82 cents, or 3.58 per cent, higher at $24.16. Commonwealth Bank of Australia (CBA) has lifted its first quarter cash profit to about $1.85 billion despite low demand for loans and higher ...