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Showing 111 - 120 of 199 results for "Business Bank"

Consumers need super default safety net: ISA

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
Consumers need the protection of a default superannuation fund safety net despite calls for deregulation to increase competition, Industry Super Australia (ISA) said. The body representing some industry super funds argued that efforts to deploy competitive ...

New Westpac chief executive scraps previous position

ALEX BURKE  |  MONDAY, 2 FEB 2015
In his first day as Westpac chief executive, Brian Hartzer has restructured the company's Australian Financial Services division. Hartzer was previously head of the division, which represents more than half of Westpac's profits and comprises its business ...

BOQ hands acting CEO permanent position

MARK SMITH  |  MONDAY, 5 JAN 2015
Bank of Queensland has handed acting chief executive Jon Sutton the joint managing director and chief executive roles permanently. Sutton has been acting chief executive for around four months and was chief operating officer before that. He joined BOQ ...

Long-serving CBA exec announces retirement

MARK SMITH  |  MONDAY, 1 DEC 2014
The Commonwealth Bank of Australia's long-serving group executive, business and private banking, Grahame Peterson will retire early next year, the bank has announced. The company has promoted Adam Bennett from another role in the organisation to replace ...

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
Gail Kelly will step down from her role of chief executive at Westpac on February 1, 2015 to be replaced by Westpac chief executive of Australian financial services Brian Hartzer. Westpac Chairman Lindsay Maxsted said Kelly, who has led Westpac for ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
A new superannuation report by the McKell Institute has fanned the flames of the on-going performance debate between industry and retail funds by highlighting the returns gap between the two segments over the last 25 years. The research uses historical ...

NAB CEO rejigs executive team

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
The new National Australia Bank (NAB) chief executive Andrew Thorburn made a splash on his first day in the role, fulfilling his promise to deal with legacy issues and making major changes to the group's executive team. The changes have seen the departure ...