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Showing 1551 - 1560 of 3232 results for "April 2016"

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
Commonwealth Bank has named Ian Narev's successor. Effective 9 April 2018, Matt Comyn will be the new chief executive at the banking and wealth management group. Currently heading CBA's retail bank, he will replace Narev who announced his retirement ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
"QQE with Yield Control" is here to stay as long as it's necessary to "achieve the price stability target of 2 percent" and "stays above target in a stable manner". The Bank of Japan (BOJ) couldn't be clearer on its forward guidance following the conclusion ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
ASIC accepted an enforceable undertaking from a Queensland financial adviser for not meeting his life insurance replacement advice obligations. ASIC found Duane Wright, owner of Brisbane-based First National Home Loans and Insurance, breached obligations ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
The independent governance expert appointed by the Australian Bankers' Association to review its consumer protection reforms, Ian McPhee, voiced his disappointment that not all participating banks have published their "overarching principles on remuneration ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
First, the good news: The Australian Bureau of Statistics'(ABS) latest update on the country's labour market confirmed the continued strengthening in the labour market. Total employment increased by 34,700 in the month of December -- more than twice ...

AMP Capital names executive switch

ALEX BURKE  |  THURSDAY, 18 JAN 2018
AMP Capital's joint chief financial officer and chief operating officer has left the company and a successor has been appointed. Margaret Payn, who has worked with AMP Capital for five years, will relocate to the UK for family reasons. John Patrick ...

Charter Hall, ISPT boost property portfolios

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
Charter Hall will build a $200 million office tower in Melbourne's CBD following receipt of development approval from the Victorian Government. The Charter Hall Office Trust received approval for a new 22-storey office tower at 140 Lonsdale Street which ...

Sunsuper director steps down

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
A Sunsuper director has resigned from the board after serving half a term. Teresa Moltoni, who first joined the board in July 2016, will step down to focus on the expansion of her industrial relations consultancy and legal practice, effective January ...

Cromwell appoints chief capital officer

ALEX BURKE  |  WEDNESDAY, 20 DEC 2017
Cromwell Property Group has appointed a new chief capital officer. Simon Garing joins Cromwell from Bank of America Merrill Lynch Hong Kong, where he was deputy director of research - Asia-Pacific. Prior to that, he was head of real estate research ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
NAB refunded $1.7 million to home loan customers after it failed to properly set up mortgage offset accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker ...