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Showing 131 - 140 of 952 results for "Sound"

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... perspective, it's helpful in restoring the integrity of public finance." Australia has long held responsible fiscal policy and sound public finances, and that gives us options in downturns, he said. "... Because there will be another downturn at ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... are appropriately coordinated and avoid unnecessary duplication. APRA chair John Lonsdale said although BOQ is financially sound and comfortably above its core capital and liquidity requirements, there are significant gaps in its risk management framework ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
The Financial Advice Association Australia (FAAA) has criticised Treasury for neglecting to consult on draft Superannuation Performance Test reforms. FAAA chief executive Sarah Abood voiced concerns regarding the proposal and process of the Performance ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... require SMSF trustees to determine if a general expense has been undercharged and by how much," Burgess explained. "This may sound like a simple task, but the reality is in a dynamic market such as the SMSF sector there can be significant variation in ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... with a CET1 ratio of 12.3% and funding and liquidity ratios well above regulatory requirements. Our credit quality remains sound with little change in the level of stressed assets, however we boosted credit impairment provisions this half reflecting ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... promise and continuing to hike rates. Mousina said it makes sense for the RBA to maintain its tightening bias, as it needs to sound tough on inflation, which is currently running at 6.8% year on year to February. The board does not want to risk a significant ...

APRA investigates NobleOak capital adequacy breach

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... collaboratively with these reinsurers and APRA," the firm said. NobleOak expects to remedy its financial liquidity and have a "sound regulatory capital position" by 30 June 2023. APRA said it is "satisfied" that NobleOak's remediation plan is "credible ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... impacts on households, businesses, economic activity, and inflation, the Fed affirmed that the US banking system remains "sound and resilient".

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
... approximately $400 million. First Super manages more than $3.6 billion on behalf of 47,000 members. By prioritising companies with sound labour practices and screening out companies with poor records, the portfolio seeks to generate long-term returns ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... than older women. "However, we still have a way to go to ensure that women are educated and have the confidence to make sound financial decisions," she says. In Wealthwise senior financial adviser Manisha Bhudia's experience, the differences between ...