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Showing 141 - 150 of 880 results for "Financial System"

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... will comply with the choice of fund requirements," the memorandum said. The bill addresses the findings of the Financial System Inquiry and the Productivity Commission Inquiry into superannuation, which found that denying choice of fund can discourage ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... Investment Management's estimates. "Today's announcement strikes a balance in recognising the strength of the financial system, while at the same time acknowledging the difficult path ahead," APRA chair Wayne Byres said. "Although the environment ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... the exchange rate," he said. "But negative interest rates come with costs too. They can cause stresses in the financial system that are unhelpful for the supply of credit. They can also encourage people to save more, rather than spend more, so they can ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... FBME Bank. "Banks are the first line of defense with respect to preventing the facilitation of crime through the financial system, and it is fundamental that banks tailor the monitoring of their customers' activity based upon the types of risk that ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... He said the bank's market operations are continuing to support a high level of liquidity in the Australian financial system. "Authorised deposit-taking institutions are continuing to draw on the Term Funding Facility, with total drawings to date ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... active in debt markets, have significant infrastructure and property holdings and invest in the wider Australian financial system." To deliver returns for members, the super system needs a strong economy, just as much as the economy needs a strong super ...

ASIC lays out product intervention plans

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... through ASIC's new "targeted" solving of problems through product intervention. "In recommending the power, the Financial System Inquiry identified the objective of limiting or avoiding the future need for more prescriptive regulation," Chester added. ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... globally had seemed like a one-way street for investors, as central banks around the world sought to stabilise a financial system with negative-interest rate policy (NIRP) and its close cousin, zero-interest rate policy (ZIRP) policies," Rachcoff said. ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... inflation. "The bank's market operations are continuing to support a high level of liquidity in the Australian financial system," Lowe said. "Authorised deposit-taking institutions are making use of the Term Funding Facility, with total drawings ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
"You don't mess with the Zohan." Or in Australia's case, don't mess with the Politburo. It's only been weeks since Australia called for an inquiry into COVID-19, offending China and sending it into retaliation mode - Beijing banned beef ...