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Showing 1181 - 1190 of 5945 results for "Banks"

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... currencies down and raised both inflation and inflation expectations in emerging markets, necessitating their respective central banks to lift borrowing costs that, in turn, provided extra impetus to their already slowing economic growth. Thanks to its ...

Sole purpose test divides industry

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... AustralianSuper's offer, given its renewed commitment to enforcement following the Royal Commission. "ASIC is going after the banks. What about industry funds that are remarkably close to contravening the sole purpose test?" he asks. Speaking to Financial ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... turned Dr. Doom towards the second half of last year, the policy (easing/halt) responses from the world's major central banks (and fiscal authorities - China) have revived my optimism over the global growth outlook and with that, my sentiment for ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... last year to aid infrastructure investment. Signaled looser liquidity stance by pointing to further RRR cuts for smaller banks," it said. Chinese Prime Minister Li Keqiang announced the measures at the opening of the National People's Congress on ...

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... trades rose 12% while RIO trades rose 6% - and more than half (57%) of these were buys. The total traded value for the major banks was down 11% in the second half. However, SMSF investors showed a strong buy bias especially for Westpac and NAB. The only ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... such as energy and telecommunications, he said. Australia's Open Banking regime will commence on 1 July 2019. The big banks will be required to make information such as credit and debit card, and transaction accounts available. From 1 February 2020 ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... 2021. The party will also look to end the hawking of life insurance products and to ensure there are consequences when big banks breach industry codes, as well as ban life insurance commissions if ASIC finds no reason to retain them, he said. Bowen said ...

Australia ahead in gender diversity

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... industries are gaining the most ground, it's a mixed bag. Richardson says financial services tend to do well in terms of the big banks and super funds taking the lead on gender diversity initiatives. There are reports which say the mining industry lacks ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... A$ trade weighted index. This is hardly surprising given that the Fed's pause has allowed other major world central banks to place their respective monetary policies on ice (as opposed to exit strategies) and/or start thinking about easing. The race ...

NAB most distrusted bank in Australia

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... startling result for one of Australia's pre-eminent brands. "This low level of trust sets a new benchmark for Australia's banks. The real question is what happens next," Levine said. "Without trust there is no civil society. The Australian population ...