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Showing 2291 - 2300 of 10710 results for "May 19"

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
ANZ posted statutory profit after tax in the first half to $2.9 billion, up 45% from 2H20. The bank announced a dividend of 70 cents per share, double of the previous half's dividend. ANZ said key drivers for the increase in its profits were net credit ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
MLC Life Insurance has appointed a new lead for its life insurance portfolio, overseeing product, pricing and retail. Bozenna Hinton started in her new role of general manager of product pricing and retail insurance proposition on May 3. Hinton is responsible ...

Crestone expands national footprint

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
Crestone Wealth Management has made several hires as it expands into the South Australian market. It bolstered its South Australian presence by hiring a local team of investment professionals, based in Adelaide. Kieran Purcell will be manager of advisory ...

ClearView appoints head of life strategy

KANIKA SOOD  |  MONDAY, 3 MAY 2021
ClearView Wealth has hired a former Zurich executive as its head of life strategy and transformation in a newly created role. Maria Falas was most recently Zurich Financial Services' head of mental health and wellness. She held the same role at ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
Proposed new legislation will see proxy advisers forced to be much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed ...

Value of internet search for stock markets revealed

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
New research from RMIT has found that suppressing internet searches creates stock market instability. The research reviewed the impact on stock markets of Google's decision in 2010 to unexpectedly withdraw its search business from China. It found that ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
An ASIC review of retail managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements. Shareholders ...

Advice group chief executive exits

KANIKA SOOD  |  FRIDAY, 30 APR 2021
The chief executive of an ASX-listed financial advice group is set to leave the company. Angus Benbow has led Centrepoint Alliance since 2018. He will leave the company on May 28. Centrepoint did not ascribe a reason to the departure in its ASX filings. ...