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Showing 1231 - 1240 of 4762 results for "Banking"

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... has a large multiplier effect on the economy. It creates jobs in construction and other ancillary industries - legal, banking, furniture and white goods retailing, landscaping, etc. A reversal or even just a stoppage of the rising trend decline would ...

Regional Australia Bank and Holiday Coast merge

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... resulted in over 90% of members agreeing to a resolution that will now see one of the largest mergers in the customer owned banking sector in recent times. The sector continues consolidate as it struggles to attain the necessary scale to meet market ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... and panel chair Michael Potter agreed, and said it could be nothing more than evaluating the return on equity offered in banking being higher than in wealth. "It could just be a simple thing: that looking at the return on equity on banking is here, and ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals. Of the 620 ...

Suncorp chief executive steps down

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... experiences last year. McLoughlin said Johnston's experience and understanding of Suncorp's core insurance and banking businesses make him will placed to step into the role of acting chief executive. "Steve is highly regarded by his peers and ...

AFCA seeks to strengthen leadership

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... and access to justice." As well as recruiting for the newly created roles, AFCA is looking for a new lead ombudsman - banking and finance, following the resignation of Philip Field. "I thank Philip for his service and dedication over the 17 years he ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... system loans, the report shows. Regulators have supported the creation of digital banks, with APRA recently granting full banking licences to Judo Bank and Volt Bank. But, fintechs face significant funding constraints with limited access to capital markets ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... funds' rate of ownership has increased by 9.4% p.a. Rainmaker estimates that super funds hold more than 20% of the banking sector. Including SMSFs, this figure jumps to one third. The top 10 most popular companies among super funds are: CSL, NAB ...

CBA down, industry up for employment

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... sectors where the awareness is not so high but the willingness to work in the sector is not as high," he said. "A lot of the banking institutions have a very strong ethos internally and they offer excellent work life balance, career opportunity and financial ...

ANZ changes advice model, cuts Prime Access

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2019
... give customers complete control of when and how they want to review their financial plan," ANZ managing director private banking and advice, Mike Norfolk said. Prime Access was introduced in 2003. In 2015 ANZ launched a $50 million remediation program ...