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| | | Nearly 13,500 businesses in financial services and insurance enrolled for JobKeeper payments, according to an industry-level breakdown from the Australian Taxation Office. JobKeeper enrolments crossed 835,000 businesses employing over 5.5 million workers ... |
| | | | With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ... |
| | | | Forget Australia's simmering political and trade tension with China, there's one building right inside our very borders. Canberra's worried that Beijing's ban on beef imports, increased tariff on barley could extend to boycott of Australia's ... |
| | | | Westpac has announced several executive changes - with two of its staffers jumping ship for opportunities overseas and another appointed to lead the group's financial crime and compliance function. Westpac chief executive of consumer David Lindberg ... |
| | | | Oil is on track to make a quick and strong recovery despite expectations that a broader recovery is not on the cards for some time, according to State Street Global Markets. Ben Jones, multi-asset class strategist at State Street, said he expects to ... |
| | | | On Friday, Westpac filed its defence in the Federal Court in relation to proceedings brought by AUSTRAC regarding alleged breaches of anti-money laundering and counter terrorism financing laws. "Westpac accepts the gravity of the issues raised by the ... |
| | | | "Tell him he's dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long ... |
| | | | ASIC has announced it has secured $160 million in remediation for consumers sold junk credit insurance from 11 major banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo ... |
| | | | The $11 billion industry fund for the coal mining sector, Mine Super, has a new deputy chief executive and a new chief risk officer. Vasyl Nair has transitioned from chief risk officer to deputy chief executive. Nair had been chief risk officer at the ... |
| | | | Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ... |
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