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Showing 241 - 250 of 398 results for "Big 4 banks"

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

Big banks move into SBB space

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
The Benevolent Society is teaming up with Westpac Institutional Bank and the Commonwealth Bank of Australia to issue Australia's second Social Benefit Bond (SBB) to fund the establishment of The Family Preservation Service. The service will focus on ...

Aussie shares weaken ahead of long weekend

AAP  |  FRIDAY, 7 JUN 2013
... executive Andrew Mackenzie's address to Melbourne Mining Club in London. Rival Rio Tinto lost 33 cents to $53.74. The big banks were mixed, with Commonwealth Bank shedding 27 cents to $65.88 and National Australia Bank losing eight cents to $28.67. But ...

Free service may help advisers bypass FoFA costs

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
... convoluted way of providing advice on commission, even though Curve only offers term deposits from client banks. "The big banks probably don't like us, because we do make things harder for them." Curve forces banks to offer better rates. "It's not a ...

Market Wrap PM

AAP  |  MONDAY, 3 JUN 2013
... had hit the big mining stocks. BHP Billiton shed 51 cents to $34.37 while Rio Tinto lost 80 cents to $54.38. But the big banks are firmer, following National Australia Bank's announcement of a $300 million share buy back. "Markets do like buybacks, it's ...

Market Wrap PM

AAP  |  THURSDAY, 18 APR 2013
Australian stocks have opened lower, with market players getting out of the resources sector and pouring into the big banks. Australia's big two miners were lower in early trade - BHP Billiton was down 88 cents, or 2.74 per cent, at $31.18, while Rio ...

Market Wrap

AAP  |  WEDNESDAY, 27 FEB 2013
... first half profit due to restructuring costs. Its shares were down 33.5 cents, or 3.1 per cent, at $10.565. The four big banks were slightly higher, with Commonwealth the best performer, up 51.5 cents at $65.985. Mining companies were relatively flat ...

Market Wrap AM

AAP  |  THURSDAY, 17 JAN 2013
... to release fourth quarter reports. In Australia, the market on Wednesday closed half a per cent higher, buoyed by the big banks and a major restructure by Boral, one of the nation's biggest manufacturers. The benchmark S&P/ASX200 index was 21.8 points ...

Market wrap PM

AAP  |  FRIDAY, 7 DEC 2012
Australian stocks have opened firmer amid broad-based gains with the big banks and miners all higher in early trade. At 1037 AEDT on Friday, the benchmark S&P/ASX200 index was up 33.7 points, or 0.75 per cent, at 4,543 points, while the broader All ...

Industry funds to concentrate on direct distribution

BEN COLLINS  |  THURSDAY, 29 NOV 2012
... wake of the wave of reforms sweeping the superannuation sector. With the cost of funding becoming more expensive, the big banks will start to put more effort into wealth management, including superannuation, Stewart told delegates at the conference. ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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