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Showing 1591 - 1600 of 3453 results for "Scale"

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... undertaken. "Jamie has made a significant contribution to the Bank over the last ten and a half years, transforming the scale and extent of ME's retail offering to customers," ME Bank chair James Evans said. "ME has increased significantly in size ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... massive fiscal response has been necessary to increase health capacity, replace lost household income and prevent large-scale bankruptcies. However, the IMF said, the policy response has also contributed to global public debt reaching its highest level ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... the Australian Federal Police (AFP), with significant assistance from the Australian Taxation Office (ATO), into a large-scale and organised tax fraud conspiracy. The investigation revealed a group of people that used payroll services companies to divert ...

Regtech adds to advisory board

ALLY SELBY  |  MONDAY, 13 JUL 2020
Australian regtech company Asendium has made two new advisory board appointments, which it says will help prepare the company for expansion into the US, UK, Canadian and European markets. Former AMP director of technology Giovanni De Angelis and corporate ...

Cbus, Media Super start due diligence

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... merger with Catholic Super. Media Super chair Gerard Noonan said the joint agreement will give its members the benefits of scale. "By increasing our size, we can provide access to a greater range of investment opportunities and provide a better deal ...

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... recent history of generating steadily growing profitability," Praemium chair Barry Lewin said. "This merger adds increased scale and significant synergies," Lewin said with the company adding it expects to achieve full year EBITDA operating cost synergies ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... pressures, combined with heavier regulatory demands, will increase the likelihood of more fund mergers to achieve greater scale."

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... 4 May 2020, Westpac announced a review of its business units - determining that several business units lacked sufficient scale. One of those units was its life insurance business. BT super switching group life insurer away from Westpac was flagged as ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... increasing the main rate to 12.5% could increase collections by anywhere between $14 billion and $40 billion. This is the scale of all state, territory and local tax collections on payroll ($26 billion in 2018-19) or stamp duties ($19 billion in 2018-19) ...