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Showing 1381 - 1390 of 4381 results for "Commonwealth"

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

ACFS head departs to Vic government

DARREN SNYDER  |  FRIDAY, 5 AUG 2016
... the Economics Society of Australia (Victoria branch) and director at CEDA, and was previously a senior executive at Commonwealth Bank. He will formally take over as director on 15 August. ACFS has a mission to provide thought leadership in financial ...

CSC and Infratil back student accommodation

DARREN SNYDER  |  WEDNESDAY, 3 AUG 2016
... large investors closing a deal with the Australian National University (ANU) this week. ANU has awarded both the Commonwealth Superannuation Corporation (CSC) and New Zealand-based infrastructure investor Infratil a 30-year concession for net rental ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 2 AUG 2016
... a fall in claimable interest rate based deductions on negatively property which should be a net positive for the commonwealth budget notwithstanding there will be offsetting effects on deeming rates. Dwelling approvals fall in June: ABS The number of ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 29 JUL 2016
AOFM to buy back short-dated bonds The commonwealth government is restructuring part its bond portfolio debt by offering to buy-back short-dated Treasury Bonds and swap them into other durations. The Australian Office of Financial Management said this ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
... increase its recurrent budget deficit. According to the Australian Office of Financial Management, the Australian commonwealth government has $428 billion outstanding in issued bonds which is almost triple what it was at end June 2010. BP losses reduce ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 18 JUL 2016
Australia's commonwealth debt hits $425 billion Australian commonwealth debt, measured by commonwealth debt securities on issue and managed by the Australian Office of Financial Management (AOFM), stood at $425 billion on Friday July 15. This is up ...

Former Wickham CEO pleads guilty to fraud

MARK SMITH  |  FRIDAY, 15 JUL 2016
... until that date. The matter had been listed for trial commencing 22 August 2016 but this has now been vacated. The Commonwealth Director of Public Prosecutions is prosecuting the matter. Brisbane-based Wickham Securities was placed into administration ...

Report shows bank reform well underway

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
... supporting ASIC as a strong regulator. The first quarterly report is being welcomed across the banking industry with Commonwealth Bank group executive retail banking services, Matt Comyn, saying the report shows that the reform process from the industry ...

Boutique asset manager signs new exec

DARREN SNYDER  |  WEDNESDAY, 13 JUL 2016
... markets, wealth sales and the head of the investor services group. Prior to this Graham held leadership roles at Commonwealth Bank, including national executive manager, head of investor sales. He currently serves on a number of boards, including being ...