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Showing 2261 - 2270 of 19574 results for "Ban"

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
According to a survey of Australian investors, 50% are planning on investing this year's tax return in the stock market. Superhero surveyed 1300 investors who expected to receive a tax return. This figure increases to 59% of female Superhero investors ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
The life insurer has welcomed a new head of sales, as the incumbent moves into a newly created role overseeing culture and performance. NEOS Life has welcomed Harry Georges as head of sales, recruiting him from digital insurer, iptiQ. He brings more ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... business and from controlling, whether alone or with others, an entity that operates a financial services business. The automatic ban follows Nesseim's conviction in May for engaging in dishonest conduct, for providing forged documents to ASIC and lying ...

Perpetual makes moves in digital innovation space

CHLOE WALKER  |  MONDAY, 8 AUG 2022
Jon Alder has been appointed as the new general manager of Perpetual Corporate Trust's (PCT) digital arm to drive its digital solutions and innovations strategy. With over 25 years' experience in technology, software and operations, Alder was most recently ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Australians are missing out on potential retirement returns by not regularly salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one ...