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| | | ... network, more large institutions are opening up their own self-employed networks like ING in July this year and the Commonwealth Bank of Australia this week. But Walters is not concerned with rising competition for these financial planners, he said the ... |
| | | | ... investigation of the key drivers of national productivity growth, most recently highlighted on Tuesday by the governor of the Reserve Bank of Australia, Glenn Stevens," he said. Eslake begins his new role at the institute on 11 August. "The opportunity ... |
| | | | ... at 4196. In economic news, the TD Securities-Melbourne Institute Inflation Gauge for July is due, along with the Reserve Bank of Australia's financial aggregates data for June. The Australian Office of Financial Management will conduct a tender for $700 ... |
| | | | ... shares had risen 53 cents or 2.31 per cent at $23.43, ANZ shares had gained 37 cents or 2.26 per cent at $17.49, Commonwealth Bank was up 96 cents or 2.41 per cents at $40.86, and Westpac was 39 cents higher at $21.20. Telecommunications giant, Telstra ... |
| | | | ... building approvals data for June. In equities news, Lihir Gold releases its second quarter production report, Elders Rural Bank posts annual results, and Austar United Communications issues first half results. Heartware International Inc will hold its ... |
| | | | ... territory, really. "The banks (are) holding up well... certainly helped by the more positive economic commentary from the Reserve Bank yesterday. "On the whole, the industrial sector generally is faring very well, but weighing on the overall market to ... |
| | | | ... Worse, history suggests that institutions have not been as pro-active as they could have been questioning the policies of UK bank board executives. "The limited institutional efforts at engagement with several UK banks appear to have had little impact ... |
| | | | ... and managing director. Lillicrap was most recently head of portfolio design for QIC. He has previously worked for Macquarie Bank, CBA Institutional Banking, and Credit Suisse Financial Products. Herbert Chang has over 19 years experience in corporate ... |
| | | | QIC's global fixed interest team is being reshuffled after two members resigned to pursue careers at large domestic banks, leaving Susan Buckley, managing director of the team to refocus her efforts on the portfolio and look for their replacements. ... |
| | | | ... true. Fed brawn, RBA brains. But if the market can't fight Fed because of its firepower, investors should heed the Reserve Bank of Australia (RBA) for it wisdom and adroitness in handling the crises of recent history -- the Asian Financial Crisis, LTCM ... |
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