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Showing 1001 - 1010 of 5945 results for "Banks"

Antares portfolio manager moves to LIC

KANIKA SOOD  |  THURSDAY, 7 NOV 2019
... country and had market cap of $7.7 billion at the end of September. McNeill joins an investment team of nine. He will cover banks, diversified financials, insurance and real estate investment trusts. He reports to AFIC's chief investment officer Mark ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... record low interest rates have (so far) been impotent in boosting consumer and business confidence. Other world central banks have been begging for fiscal support as has the RBA. Australia's government has helped but only to the point that it doesn't ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... of trade tensions would have a positive domino effect and lift growth around the world that, in turn, would allow central banks to resume policy normalisation instead of dreaming of new unconventional monetary policy measures.

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... been resolved, with the majority resolved in less than 60 days; 70% of those were resolved in favour of the complainant. Banks won out for the most complained about financial institutions in the country, followed by general insurers. Australians are ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... AIA and the full economic interests associated with CommInsure Life have been transferred to AIA. The deal excludes the banks 37.5% equity interest in BoCommLife Insurance Company. CBA said under the new agreement AIA will "obtain an appropriate level ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... pressure on growth and inflation - the RBA will have no option but to cut rates in response to policy actions by other central banks. And cut it would again.

Suncorp wealth chief steps down

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... has implemented a number of customer driven initiatives, including Apple and Google Pay, which staged the rollout of the banks New Payments Platform and building the foundations for its new digital banking strategy. "We are now well placed to continue ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... shows superannuation fund members place about as much trust in their fund to act in their best interests as they do the big banks. According to Qantas Super, 60% of Australians trust their super fund to act in their best interests. Meanwhile, 54% of ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
VanEck will tomorrow list a new fixed income ETF that capitalises on APRA's expanded capital requirements for big banks, to deliver investors yield north of 2%. The VanEck Vectors Australian Subordinated Debt ETF (ASX: SUBD) will hold a portfolio of ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... reforms and basically walked in lock-step with the Financial Services Council who only works in the best interests of the banks and large institutions like the disgraced AMP." Vagliviello said the main cause of discontent for advisers is the debate surrounding ...