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Showing 141 - 150 of 466 results for "Tier"

DomaCom to deliver affordable housing

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... will both deliver attractive investment returns whilst also providing affordable housing to essential workers." BlueCHP is a tier one community housing provider and can access low-cost government housing loans via the National Housing Finance and Investment ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... of intangibles and $123 million towards asset sales and revaluations. Despite the dismal results, the bank's common equity tier one capital ratio rose 46 basis points to 11.13%. Its specialist businesses division which includes superannuation platforms ...

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... pandemic with more staff working from home. The remediation provisions and impairment charge is set to reduce its common equity tier one capital ratio by around 15 basis points. It comes as NAB increased its customer remediation provisions back in April ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... corporate and capital management purposes. This will include repaying existing indebtedness of ClearView and support funding of tier 2 capital of a regulated entity within the ClearView group. The notes will have a notional face value of $10,000 per ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
... straightforward MySuper benefits to meatworkers at minimal cost and at lower investment risk, has also been able to produce top tier investment performance, is a tribute to Bill's skill and dedication," White said. "On behalf of the board, staff and ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... risk assessment and staging. The regulated entities will be tiered according to the level of supervisory attention needed. Tier one institutions are those that have a large systematic impact that could affect financial stability, economic activity and ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... broadly in line with the system," it said. "The bank's capital position is good, with the bank reporting a common equity Tier 1 (CET1) ratio of 10.5% as at June 2020. Furthermore, the broader AMP group retains excess capital which could be used to support ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma increase to the bank's Common Equity Tier 1 ratio of eight basis points at June 30. The payment follows a $500 million upfront payment in November 2019 and is part ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... and Lanyon Asset Management, both lobbied for an alternative management proposal. CIE said the appointment of WCM, a "top tier manager with an outstanding long-term investment track record", was a positive outcome for the company. The new strategy, the ...