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Showing 141 - 150 of 3057 results for "ANZ - 23 %"

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN | TUESDAY, 4 APR 2023

Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

Legalsuper appoints chief executive

JAMIE WILLIAMSON | THURSDAY, 23 MAR 2023

Luke Symons will become the super fund's new chief executive on April 11. Symons has been appointed to the role following the departure of Andrew Proebstl. Symons currently runs Responsible Financial Services Group, a business he founded in 2017. ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA | MONDAY, 13 MAR 2023

ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI | FRIDAY, 10 MAR 2023

Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN | THURSDAY, 2 MAR 2023

Last month, Treasurer Jim Chalmers pledged to end the super wars, but opposition to proposed super tax changes suggest a resolution is unlikely. Opposition leader Peter Dutton stated that he's "dead against" the government's proposed tax changes ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN | WEDNESDAY, 1 MAR 2023

Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

TelstraSuper names financial advice lead

CHLOE WALKER | FRIDAY, 24 FEB 2023

Melinda Huggins is the new executive general manager of TelstraSuper's financial planning arm. Huggins brings over 30 years of experience in leadership, change management and financial services, with previous senior roles at Perpetual, Macquarie Bank ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON | THURSDAY, 23 FEB 2023

Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

Jameson TTB, ANZ partner to deliver housing project

CASSANDRA BALDINI | MONDAY, 13 FEB 2023

The fund manager is providing $5.4 million, while the banking giant is dropping $9.25 million on the project. The four-level building designed for disability housing is set to commence this month and is expected to be completed in April 2024. Jameson ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI | FRIDAY, 27 JAN 2023

MLC Life Insurance has appointed David Stephen as an independent non-executive director on its MLC Limited board. Stephen will also serve as chair of the board risk committee, replacing Andy Cornish who after seven years is retiring. With over 35 years ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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