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Showing 1031 - 1040 of 4760 results for "banking"

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
... bid to assist commercial landlords struggling to do the right thing by their tenants during the crisis. The Australian Banking Association's (ABA) small business relief package now extends to 98% of businesses with loans from an Aussie bank, with the ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... complaints holistically. AFCA chief executive and chief ombudsman David Locke said the authority would support government and banking initiatives that serve to assist small businesses and consumers during this unprecedented period. "AFCA recognises that ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... targeting a yield on three-year Australian government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. When announcing the quantitative measures ...

Healy departs NAB

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
National Australia Bank has announced that its chief customer officer, business and private banking, Anthony Healy, will leave the bank after 10 years. NAB Group chief executive Ross McEwan said Healy had led the banks operations at a critical time ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... included targeting a yield on 3-year Australian Government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
... far). Most important, we're able to keep our social distance and avoid COVID-19 infection, as we wait out, in central banking parlance, the transmission mechanism of the coronavirus -- from animal to humans, humans to other humans to entire households ...

Financial Executive Women adds to leadership team

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... "In her role on the group executive at Bendigo Bank, Alex was accountable for the performance of the retail and business banking division, including 3570 staff, a network of over 500 branches and a loan book of $31 billion. Judith Beck, chief executive ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... offerings. Following the sale of the pensions and investments business to IOOF, Rider held the same role in ANZ Private Banking and Advice. Last week the Finance Sector Union revealed 230 staff within the private banking and advice divisions had been ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... financial markets. The CFR said that while Australia's financial structure is resilient, and the funding position of the banking system is strong, regulatory initiatives were still required to support markets. As such, the CFR said the regulators ...