Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 521 results for "Banking Sector"

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
... undermine healthy economic growth. Australia's strong cartel laws apply equally across the economy, including in the banking sector." In his judgment, Justice Wigney stated: "There could be little doubt that the attempted contraventions... were very ...

MySuper competition heats up: Rainmaker

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
... director of research, Alex Dunnin said banks are combining tech expertise with low fees to out-compete. "Australia's banking sector is aggressively pursuing the MySuper market with a suite of low cost products. They might be only a small share of the ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
... a statement CHOICE said it would also like the inquiry to review the impact of vertical integration within the banking sector. "While there have been a number of reviews into the financial sector over the last few years, no review has properly considered ...

Do super funds hold AAA rating key?

DARREN SNYDER  |  WEDNESDAY, 23 NOV 2016
... weakest. A very high level of external debt and a lot of that is on the household balance sheet channeled through the banking sector as well. "What it means is Australia's economic prospects are beholden to the ongoing willingness of foreign investors ...

Global dividends down 4pc

KERRIE SYDEE  |  MONDAY, 21 NOV 2016
... expansion. "Australian investors in particular could benefit from taking a global approach. The dominance of the banking sector leaves Australian investors unusually exposed to one industry for their income. With Australian policymakers taking action ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
... acknowledged. Work is needed to restore trust and confidence." However, the regulator also said efforts by the banking sector to address issues, such as raising qualification standards, were "important steps in the right direction." MA1/4nchenberg finished ...

Valuation dispersion creating opportunity for instos to retilt

MARK SMITH  |  TUESDAY, 27 SEP 2016
... global demand for energy will see share prices improve significantly. He adds that there is a similar story in the banking sector, particularly in the US. "Large US banks have done remarkably well to adjust and have mostly recovered their earnings. From ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... member." He also cited the upcoming New Payments Platform, an initiative to influence real-time payments in the banking sector, as another example of disruptive regulation, as is the Single Touch Payroll (STP) initiative. Sharp said STP has the potential ...

QTC board appoints former Credit Suisse exec

DARREN SNYDER  |  TUESDAY, 12 JUL 2016
... especially in relation to fixed interest and risk management expertise in the financial markets and investment banking sector. "Parkin has broad experience across multiple financial jurisdictions and expertise in managing operational risk, as well as ...

UniSuper reflects on investment highs and lows

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
... are "cheap for a reason and could stay that way for some time." On the home front UniSuper said the Australian banking sector, including dividends, returned -10.4%, marking it the second worst-performing sector in the market behind energy. And, because ...