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Showing 261 - 270 of 979 results for "Financial System"

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... Matt Comyn said the banks will continue to support Australians during this time. "Australia has a very strong financial system with banks that are well-capitalised and have strong balance sheets," he said. ABA chief executive Anna Bligh said customers ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... fulfill their mandates, thus supporting price stability and economic growth while maintaining the resilience of the financial system. "We welcome that the International Monetary Fund, the World Bank, and other international financial institutions stand ...

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... prioritise their clients' interests over their own, not only harms their clients but also erodes public trust in the financial system," she said. "ASIC expects financial advisers to uphold the values of integrity and professionalism." In cancelling his ...

VFMC hires investment stewardship lead

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
... Superannuation Investors (ACSI). She is a member of the Australian Sustainable Finance Initiative's Sustainable financial system technical working group. A spokesperson from VFMC confirmed the hire to Financial Standard sister publication The Sustainability ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... This followed its 15 November injection of CNY200 billion (US$28.6 billion) worth of liquidity into China's financial system via its MLF (medium-term lending facility) loans to banks and the prior week's announcement reduction of the one-year ...

Credit Suisse backs sustainability amid Federer furore

ALLY SELBY  |  MONDAY, 13 JAN 2020
... nuanced investment philosophy, aiming to improve social and environmental issues and develop a sustainable global financial system. Credit Suisse Private Bank Australia's chief investment officer Andrew McAuley said sustainable investing, or socially ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... operator of Australia's real-time gross settlement system, and its responsibilities for the stability of the financial system and the stability and efficiency of the payments system". Interestingly, the RBA revealed that it had been considering a ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
Tech companies are poised to disrupt the dominant position of the big four banks on the financial system in the coming years. That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... This followed its November 15 injection of CNY200 billion (US$28.6 billion) worth of liquidity into China's financial system via its MLF (medium-term lending facility) loans to banks and the prior week's announcement reduction of the one-year ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... products. "ASIC will intervene to stop practices that lead to poor consumer outcomes and destroy trust in the financial system," ASIC commissioner Sean Hughes said. "This action draws a clear line in the sand. From January firms will no longer be able ...