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Showing 2241 - 2250 of 4839 results for "EAC"

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Australians pass on life insurance

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
Australian parents experience anxiety about their family's future but remain woefully unprepared for the long-term financial burdens associated with the event of a death. The latest Real Insurance Family Protection Survey finds one in four Australian ...

Financial services enters next cloud computing evolution

DARREN SNYDER  |  FRIDAY, 19 MAY 2017
Cloud computing will now form the centre of several operations at a global firm dedicated to post-trade market infrastructure for asset managers, custodians and brokers. The Depository Trust and Clearing Corporation (DTCC) holds a view that cloud computing ...

Financial stress rising in Australia

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
About one third of Australians are living pay cheque to pay cheque, according to the latest insight from BT Financial Group. The 2016 BT Australian Financial Health Index shows 32% of Australians always or often find themselves relying on pay cheques ...

Macron won't stop populist tide: William Blair

ALEX BURKE  |  THURSDAY, 18 MAY 2017
Emmanuel Macron's election as French President won't be enough to stem the tide of populist sentiment in Europe and its effects on European markets, according to William Blair dynamic allocation strategies portfolio manager Thomas Clarke. Speaking at ...

CBA backs financial counselling

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
The Commonwealth Bank is committed to helping stamp out economic abuse in Australia, partnering with Financial Counselling Australia to better equip financial counsellors aiding those impacted by domestic and family violence. CBA has pledged $400,000 ...

Government bond issuance to fall 20pct

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2017
Australia's slowly improving Budget position should enable the Australian Office of Financial Management (AOFM) to reduce its annual borrowings next financial year by about 20%. According to a statement released by the AOFM today, with two months left ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Federal Government is looking to the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing ...