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Showing 1821 - 1830 of 5860 results for "West"

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
ANZ chief executive Shayne Elliott has conceded the bank has not always met the standards it sets for itself or that the community rightly expects. In addressing the House of Representatives' parliamentary committee yesterday, Elliott said: "Each time ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 6 OCT 2016
Australia retail sales It hasn't been since January this year that we saw retail spending increase at this monthly rate. Data from the Australian Bureau of Statistics (ABS) show that retail sales grew by 0.4% in the month of August - higher than the ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
Commonwealth Bank chief executive Ian Narev anticipates there will be more cases of poor customer outcomes as an independent review of the bank continues. Narev told the ongoing parliamentary committee in Canberra yesterday that while CBA has implemented ...

Rimmer departs in EQT management shake-up

ALEX BURKE  |  WEDNESDAY, 5 OCT 2016
After promoting four members of its corporate trustees services team in September, Equity Trustees has made further management changes as part of its ongoing restructure. The goal of these new changes, according to EQT, is to "more clearly define management ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
Industry Super Australia wants a "better off test" requiring banks and other financial services providers to demonstrate that switching a member's superannuation will be beneficial. Additionally the representative group is calling for banks to ban all ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...

Top boutique in first push for new investors

MARK SMITH  |  FRIDAY, 30 SEP 2016
One of the top performing fund managers in Australia, Ophir Asset Management, is looking to partner with family offices and independent financial advisers in a bid to attract long-term high net worth investors. From inception in August 2012 to the end ...

Bank acquires WA Government loans

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
The West Australian Government has sold off a billion dollar mortgage portfolio to a bank. Bendigo and Adelaide Bank has acquired the $1.35 billion portfolio of standard residential loans from Keystart, a company wholly owned by the West Australian ...

Universities must prepare for adviser reforms: FPA

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
The Financial Planning Association of Australia is calling on universities and other education providers to develop new programs ahead of the looming professional standards deadline. In partnership with the Financial Planning Education Council (FPEC) ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 29 SEP 2016
US durable goods orders The latest update on total new durable goods orders could easily be taken as a positive for, despite a flat (0% growth) outcome in August from July, this was better than market expectations for a 1.9% decline and could be attributed ...