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| | | ... to $106 million. The superannuation and investments underlying NPAT was also up 14.8% from $54 million to $62 million. AMP Bank saw underlying NPAT reduced by 9.8% to $55 million, compared to $61 million in FY24, reflecting the costs of scaling AMP Bank ... |
| | | | The $7.5 billion fund added a chief operations officer position and welcomed a chief member officer. Legalsuper executive manager, business enablement and risk John Robinson has been promoted to chief operations officer. Robinson, who has more than ... |
| | | | A Reserve Bank of Australia (RBA) veteran has been appointed to lead an independent review into the Australian Office of Financial Management (AOFM). Treasury of the Secretary Jenny Wilkinson commissioned the independent review after it was requested ... |
| | | | ... successor. Before her 17 years at Alexander Funds, Shirley worked at Westpac and Grange Securities, and spent time at German bank WestLB based in London. Shirley and Black launched Alexander Funds in 2009, which now has about $1.6 billion in funds under ... |
| | | | Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ... |
| | | | ... executive for markets. Since taking on the top job, she's faced immense pressure, including from ASIC and the Reserve Bank of Australia, over lengthy delays to the new CHESS solution. First announced in 2015, the new technology was originally supposed ... |
| | | | ... Australia and currently serves on several other boards including that of the Victorian Managed Insurance Authority and Defence Bank. She said she is delighted and humbled to be appointed as ESSSuper's next president. "It is an honour to lead the ... |
| | | | ... three weeks, stealing sensitive client information such as names, addresses, birth date, driver's licences, passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded ... |
| | | | The Reserve Bank of Australia (RBA) has revised its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term ... |
| | | | Macquarie Asset Management's (MAM) net profit contributions were "substantially up" in the third quarter, with global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment ... |
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