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Showing 191 - 200 of 1549 results for "Competition"

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... partners for some time, as they navigate key industry trends such as ever-increasing access to information by investors, competition from globalisation, the rise of private equity and alternative assets, growing investor demand for cross-border investment ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... interest expenses as long as net interest expenses do not exceed 30% of profits. According to assistant minister for competition, charities and treasury Andrew Leigh, the changes encapsulate the government's immediate priorities to strengthen thin capitalisation ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... responsible entities. When queried on APRA's ability to balance financial safety objectives with factors like efficiency, competition, contestability, as well as promoting financial stability, only 35% of superannuation trustees responded positively. ...

Equity Trustees reviews UK, Ireland businesses

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... valuable licences, great teams and a solid foundation of clients, the regulatory environment continues to intensify and competition has increased significantly, leading to increased costs and pricing pressures and requiring further investment." Despite ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... the agreement marks the next step in ANZ's plan to acquire Suncorp Bank despite concerns raised by the Australian Competition and Consumer Commission (ACCC). Under the implementation agreement, ANZ will establish a new major tech hub in Brisbane for ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... previously submitted to the ACCC, warning that ANZ's acquisition of Suncorp's banking business could "substantially lessen competition" in areas like home loans, deposits, and agribusiness markets. The bank contested that the deal was unlikely to yield ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
... system that will ultimately drive more consolidation. While that might be somewhat counterintuitive to the notion of competition, Cole said it's "squarely appropriate" that some of the entities that are not operating efficiently and delivering good ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... career. He established Australia's first private bank, consulted to the likes of AMP, Citibank and the Australian Competition and Consumer Commission, sat on the board of the Australian Formula One Grand Prix, and even served three terms as the Deputy ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... A 2021 inquiry determined to find out if big super's domination over the Australian share market was stifling competition and leading to consumer harm. Rainmaker said the attention on super fund dominance is largely due to the fact that a small number ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... scams and online fraud. The majority ($58m) will help establish the National Anti-Scam Centre within the Australian Competition and Consumer Commission to improve scam data sharing across governmen