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| | | Members of Big Sky Credit Union Limited have approved a proposal to transfer the business to a wholly-owned subsidiary of Australian Unity Limited - Lifeplan Australia Building Society Limited. Subject to regulatory approval, Big Sky Credit Union's ... |
| | | | ... overnight. "Data from Germany and the US gave risk markets a bit of a boost," he said. Locally, on Friday morning, Reserve Bank of Australia (RBA) governor Glenn Stevens will appear before the House of Representatives Standing Committee on Economics. ... |
| | | | ... continue. Fairfax's shares fell 0.5 cents to 83 cents by 1040 AEDT. At 1040 AEDT, the four major banks were mixed. Commonwealth Bank Australia rose two cents to $49.66, the National Australia Bank was down 10 cents to $23.35, ANZ dipped eight cents to ... |
| | | | ... income, as well as positive investment returns more generally, is especially challenging. Many Australians have migrated to bank deposits for safety," said Steve Miller, head of fixed income, BlackRock Australia. But Miller warned against focusing too ... |
| | | | ... Thursday, the March share price index futures contract was down 12 points at 4,261. In economic news on Thursday, Reserve Bank of Australia Head of Financial Stability Department Luci Ellis is to give a speech to the Australian Mortgage Conference, while ... |
| | | | ... NASDAQ composite index is down 3.88 points at 2,947.90. At 1028 AEDT Australian banks were generally weaker. Commonwealth Bank Australia fell 10 cents, or 0.2 per cent, to $49.37, the National Australia Bank was down 11 cents or 0.42 per cent to $23.29 ... |
| | | | ANZ Bank has officially acquired the OptiMix multi-manager business unit from UBS Global Asset Management, formerly managed by ING Investment Management (Australia), as the bank expands its strategy. UBS Global AM acquired OptiMix in June 2011 as part ... |
| | | | ... an "enhanced and permanent presence on the ground" to readily monitor and check Greece's compliance. Likewise, the Royal Bank of Canada (RBC) reports that, "There will be measures to better trace and monitor official borrowing including ensuring that ... |
| | | | ... that should be in positive territory," he said. Shares in the major four banks were up slightly, with National Australia Bank the best performer with a gain of 29 cents to $23.47. |
| | | | ... Carling and Stephen Kirchner, is that the Future Fund's returns since its inception in 2005 have under-performed the 90-day bank bill rate. "These returns are poor compensation for the opportunity cost of not using these funds for other purposes. For ... |
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