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Showing 1211 - 1220 of 3669 results for "DeFi"

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
Money talks, prayers walk. This appears to be the overriding theme in the upcoming May 13 mid-term elections in the Philippines where "foul-mouthed and murderous" president Rodrigo Duterte's preferred senatorial and congressional candidates lead ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
ASIC banned two joint chief executives from providing financial services for six years following an investigation. Jeffrey Worboys and Matthew Barnett were joint chief executives of Australian Mutual Holdings - an AFSL holder and responsible entity ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
An overwhelming majority of superannuation fund members working within the financial services industry have never sought financial advice from their fund. About three quarters (71%) of participants in Financial Standard's latest poll admitted intra-fund ...

MLC Life Insurance reviews terms and definitions

KARREN VERGARA  |  FRIDAY, 26 APR 2019
MLC Life Insurance has introduced a number of updates to its definitions and terms across three brands. Changes to TPD, critical illness and income protection covers will apply to MLC Insurance, MLC Insurance (Super) and MLC Insurance (wrap or SMSF) ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
"Spring is the time of plans and projects." - Leo Tolstoy, Anna Karenina. So it is with China. Recent economic indicators have turned up in time for spring. China deserves to be congratulated. It's watered and fertilised the economy with enough ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
"I glanced out the window at the signs of spring. The sky was almost blue, the trees were almost budding, the sun was almost bright." This quote from American screenwriter and novelist Millard Kaufman came to mind when I read about China's recent ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Personal tax cuts and the $7.1 billion estimated surplus announced were the main highlights of this year's Budget, Financial Standard 's latest straw poll shows. More than a third or 35% of participants highly favoured the tax cut proposals ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
Macquarie Investment Management has purchased the mutual fund assets of a 145-year-old American financial services organisation. Foresters Investment Management Company which acts as the investment adviser of the First Investors funds entered into a ...