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Showing 1891 - 1900 of 17954 results for "Bank"

Justin Greiner to leave JBWere

JAMIE WILLIAMSON  |  MONDAY, 12 SEP 2022
... firm, saying: "Under Justin's leadership, the business has developed as a key differentiator for the business and private bank and NAB more broadly." Ivano Simonutti, currently general manager of private wealth for NSW, ACT and Queensland will serve ...

Aussie farmland sees significant growth: ANREV

CHLOE WALKER  |  MONDAY, 12 SEP 2022
... Land Price Outlook report, which stated that "favourable macro forces" are continuing to "swell land prices" in 2022. The bank's analysis revealed that agricultural land prices across the country rose by 27% (median price per hectare) last year, with ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... divestiture undertaking, would be unlikely to substantially lessen competition." The deal has also been approved by the Central Bank of Ireland but is awaiting approvals from the Foreign Investment Review Board, the UK Financial Conduct Authority ("FCA") ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... and liquidity risk on behalf of its investor base, Aura said the fund will also target a gross return in excess of the RBA Bank Accepted Bills 90 Days monthly average rate and a positive net return. To maintain an adequate degree of liquidity, a portion ...

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... through exposure to a pool of Australian private debt assets including asset backed SME loans. The fund tracks the Reserve Bank of Australia cash rate and aims to return 3.5%-5.5% above it, net of fees and costs. Currently, the cash rate is 2.35%, equating ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... Challenger guarantee. "It reflects Challenger's ability to offer competitive rate annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees and savers, this offer could be attractive ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... warnings and in advertisements without sufficiently prominent warnings. It has also committed to no longer using the Reserve Bank of Australia cash rate as a benchmark after ASIC said it appeared inconsistent with the fund's assets and strategy. The ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... followed an investigation by ASIC into Saman's conduct concerning two home loan applications that he submitted to Auswide Bank for a family member and a close relation in December 2016 and 2017. The loans were submitted through his finance broking company ...