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Showing 2421 - 2430 of 5948 results for "Banks"

HOSTPLUS to buy $600m Woolworths properties

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
... $302 million. The remaining $340 million will come from a non-recourse debt facility from a syndicate of two Australian banks. The portfolio includes 54 hospitality assets, 46 of which also include a Dan Murphy's and/or BWS retail tenancy. Charter Hall ...

Market wrap

AAP  |  MONDAY, 8 SEP 2014
... figures from China," he said. The data from Australia's largest trade partner is due for release later on Monday. The big banks and the healthcare sector were the biggest weights on the market. Westpac was down 23.5 cents at $34.525, National Australia ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... Super chief executive Anthony Rodwell-Ball admitted that industry funds "are going to struggle" to compete with the big four banks' scale and distribution channels. He said that their marketing capacity "is more than just advertising; it's using every ...

Market wrap

AAP  |  FRIDAY, 5 SEP 2014
... cents to $73.99, Sonic Healthcare had dropped 41 cents to $17.29 and Cochlear was 98 cents weaker at $70.015. The major banks were also weaker, with National Australia Bank down 19 cents at $34.86, ANZ down nine cents at $33.43, Commonwealth Bank down ...

New players need support to enter financial services: Coles

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Large banks' commercial competitive advantage over smaller organisations is a barrier to the entrance of new players in the financial services industry, Coles has said The retailer expressed support for a proposal laid out in the Financial System Inquiry ...

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
... The ECB lowered its main lending rate by 10 basis points to a record low 0.05%; it's raised the interest rate it charges banks to park their funds at the central bank by making the negative deposit rate (minus 0.1%) more negative (minus 0.2%); and, lowering ...

Market wrap

AAP  |  THURSDAY, 4 SEP 2014
... ore miner Fortescue was up four cents at $4.04 after it achieved record production and shipments during August. Among the banks, National Australia Bank was down 19 cents at $35.12, ANZ had lost 13.5 cents to $33.535, Westpac had dropped 20.5 cents to ...

Big four fail in cross-selling retail super funds

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
Australia's big four banks are failing to cross-sell their retail superannuation products to their existing banking customers, the latest Roy Morgan research shows. Each of the banks is capturing less than 20% of their customers' superannuation balances ...

Advertising won't grow membership, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... fund taking the top two spots. She did not disclose which funds they were. Meanwhile, the survey also found that the big banks are not yet capitalising on their cross-selling potential. It found that ANZ has the highest proportion of banking customers ...

Market wrap

AAP  |  WEDNESDAY, 3 SEP 2014
The share market is flat as gains by the big four banks offset weakness in the resources sector. Morgans private client adviser Alistair McCorquodale said the market was holding up well given a weak lead from Wall Street. The mining sector's weakness ...