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Showing 121 - 130 of 424 results for "Big four banks"

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... system," it said. During the period, average contributions inched 7% from $8548 to $9138. The report also found the big four banks dominated SMSFs' largest holdings, with the Commonwealth Bank topping the list, followed by Westpac, ANZ and NAB. Telstra ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
Two of the big four banks have called for the Government to hold off on implementing the proposed levy announced in last week's Federal Budget. In submissions to Treasury, both ANZ and Commonwealth Bank identify significant risks to Australia's economic ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... expenses that could be claimed against rental properties. Included in the Budget is a $6.2 billion bank levy that the big four banks - ANZ, CBA, NAB, WBC - say they would pass onto their depositors, which certainly could come in the form of higher interest ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... international competitiveness, Treasurer Scott Morrison said. While Morrison did not specifically reference the big four banks, he said the inquiry will focus on "contestability and concentration in key segments of the financial system, including the ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
... and flexible business, noting that without being attached to ANZ, he can now develop relationships with all the big four banks. "Since we've known there has been a high likelihood of being separated from ANZ for some time, we were able to have a look ...

ANZ appoints culture executive

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Following scrutiny around systemic cultural issues within the big four banks, ANZ will welcome a key human resources executive to a role with broader scope and new title. Kathryn van der Merwe is joining the bank as group executive, talent and culture. ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
... by 24.9% over the same period. These could fall even more as interest rates continue to increase. Already, the big four banks have raised mortgage rates as they try to offset the pressure on their interest rate margins caused by higher funding rates. ...

Lonsec rates BetaShares ETF

ALEX BURKE  |  THURSDAY, 1 DEC 2016
... BetaShares managing director Alex Vynokur said: "Australian investors are biased to large-caps, in particular the big four banks. This bias can expose portfolios to excessive stock and sector specific risk, and means investors miss out on the potential ...

Fintechs face marketing battle

DARREN SNYDER  |  TUESDAY, 8 NOV 2016
... than in other global markets. "Australia has one of the strongest established financial sectors in the world. The big four banks are resisting any challenge to their market share through a strategy of buying start-ups or partnering with them well before ...

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... sustainability of dividends." In a separate report, EY Oceania banking and capital markets leader Tim Dring said the big four banks' wealth returns have generally not met long term expectations, adding increased pressure on operations. "Driven by the ...