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Showing 1191 - 1200 of 5945 results for "Banks"

Industry fund appoints chief executive

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
An $8 billion industry superannuation fund has looked inwards for its new chief executive officer. Tony D'Alessandro has been appointed to lead Statewide Super, and will take the reins from March 1. Currently serving as the fund's general manager ...

Former super fund executive joins fintech

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
... research and digital development, building on the company's 15-year history in delivering jargon-free financial education to banks, superannuation funds, government agencies and corporates. Mills said Money101 is a recognised leader in the production ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... in the future is something Westpac continues to work through, the spokesperson added. In the past two years, three major banks­ - ANZ, Commonwealth Bank and National Australia Bank - announced plans to divest wealth management arms. In November last ...

Royal Commission will worsen credit crunch: Poll

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... been significant adjustment in lending to property investors, owner-occupiers are still getting loans, Hutley said. "The banks want to lend, that's how they make their money. They might want to lend more prudently, but they still need to keep lending," ...

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... been significant adjustment in lending to property investors, owner-occupiers are still getting loans, Hutley said. "The banks want to lend, that's how they make their money. They might want to lend more prudently, but they still need to keep lending," ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... Drought Finance Taskforce meeting and shared observations about client experiences as well as the RFCS' relationships with banks," Treasury said. Financial Counselling Australia chief executive Fiona Guthrie said [in a statement issued by Treasury] ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... market rally is simply an extension of monetary policy, he said. Because interest rates have been suppressed by central banks for some time, earnings were calculated at low discount rates thus pushing present values and ultimately stocks higher, Baur ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
... Commission's final report, Bowen said it was a document that was sobering and long overdue. "This is a dark day for Australia's banks and financial institutions," Bowen said. He went on to say these institutions should work on an ethical basis. "They ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... banking executives. Commissioner Hayne said the final round of hearings - which saw chief executives and chairs of the big banks, AMP and financial services regulators APRA and ASIC take the stand - surprised him, in the sense that executives were to ...