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Showing 241 - 250 of 482 results for "Australian Bank"

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
The Australian Bankers' Association (ABA) said that the government's proposal to implement a user pays funding model for the corporate regulator would increase "the cost burden on the Australian financial services industry." The ABA urged caution in ...

Action plans for Indigenous super

DARREN SNYDER  |  MONDAY, 3 AUG 2015
HESTA is the first industry superannuation fund to launch a Reconciliation Action Plan (RAP) aiming to further build its relationships with Aboriginal and Torres Strait Islander stakeholders. HESTA executive people strategy, Sophie Sigalas, said the ...

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
Financial planners from Australia's top financial institutions will receive ethics and moral psychology training, following major scandals in their advice divisions. AMP, Macquarie Bank, ANZ, Commonwealth Bank and BT Financial Group have developed and ...

Australian shares lower at midday

AAP  |  TUESDAY, 30 JUN 2015
Australian shares opened slightly lower but moved higher in choppy trade following Monday's carnage when $40 billion was wiped off the share market. There were heavy falls in US and European markets overnight, particularly the latter, due to the economic ...

Frydenberg outlines tax changes

ALEX BURKE  |  MONDAY, 22 JUN 2015
Following the Government passing numerous tax reforms through Parliament on June 18, Assistant Treasurer Josh Frydenberg has said the changes will "[increase] Australia's economic competitiveness while restoring the budget." Specifically, the Tax and ...

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
Australian financials are overpriced and undercapitalised relative to their global counterparts, Perpetual Investments global equities portfolio manager Garry Laurence said. "We feel much more comfortable investing in more attractively valued financials ...

CCMC chief executive appointed as lead ombudsman

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
The chief executive of the Code Compliance Monitoring Committee (CCMC) for the Code of Banking Practice, June Smith, will be leaving to expand her role at the Financial Ombudsman Service from July. Smith, who is also currently the general manager of ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
Representative groups from the banking and superannuation sectors have generally backed recommendations on lifting professional, ethical and education standards in the financial services industry. Public responses to a Parliamentary Joint Committee ...

Market wrap

AAP  |  MONDAY, 27 APR 2015
... Average up 0.12 per cent and the S&P 500 up 0.23 per cent. Commonwealth Bank lifted 48 cents to $92.58, National Australian Bank climbed 36 cents to $38.43, Westpac gained 37 cents to $38.79. But ANZ fell 20 cents to $35.51. Bendigo Bank was down four ...

Market Wrap PM

AAP  |  FRIDAY, 24 APR 2015
... cent, to $2.18. The big four banks were also higher, with the Commonwealth Bank up 80 cents at $91.51, National Australian Bank climbed 31 cents higher to $38.15, while ANZ was up 24 cents to $35.50 and Westpac had gained 19 cents to $38.39.