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Showing 1251 - 1260 of 5181 results for "finance"

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... obtained $258.6 million in compensation or refunds to complainants. Most complaints lodged with AFCA related to banking and finance at 58%, down from 60% last year. General insurance was behind that accounting for 24% of complaints, then superannuation ...

DomaCom to deliver affordable housing

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... BlueCHP is a tier one community housing provider and can access low-cost government housing loans via the National Housing Finance and Investment Corporation. BlueCHP chief executive Charles Northcote said community housing providers have had issues ...

Super funds overlook VC potential

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... companies." What super funds should do, he said, is diversify more into small-cap fund managers and venture capital managers to finance growth industries as well as increase benefits to their members. Preqin and the Australian Investment Council estimate ...

Westpac extends chief executive's contract

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... senior management roles including chief financial officer, deputy chief financial officer and group general manager of finance. Commenting on the amended employment contract, King said it is a privilege to lead Westpac. "While I am pleased with what ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... As your representatives, the PIA Board is comprised of four individuals with an average of 24 years' experience in the finance and investment industry," a Pengana spokesperson said. "...Russel Pillemer, who is also director and chief executive officer ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... coal by 2030 by ceasing funding to new thermal coal mines and coal-fired power stations. Instead, it will only directly finance low carbon gas and renewable projects by 2030. The bank has plans to engage with existing customers who have 50% thermal coal ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... penalties and AUSTRAC's legal costs It also wrote down goodwill and intangibles for Westpac Life Insurance Service, auto finance business and software at $568 million after tax. NAB also increased its provisions for customer remediation to $266 million ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 26 OCT 2020
... economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements. Tasmania ranked first on relative population growth, equipment investment, housing finance, dwelling ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... its full year 2020 results on November 2. Goodwill and intangibles associated with Westpac Life Insurance Service, auto finance business and software write downs totalled $568 million after tax. Westpac increased its liabilities related to anti-money ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
With research showing the average cost for a Statement of Advice has increased 10% in 12 months, the Financial Planning Association of Australia (FPA) is warning of the detrimental impact ongoing reform is having on financial advisers and consumers. ...