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Showing 271 - 280 of 936 results for "Sound"

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... consultation period starting on June 18. "APRA introduced this guidance as part of a suite of measures designed to reinforce sound residential lending standards at a time of heightened risk. Although many of those risk factors remain - high house prices ...

Centuria acquires fund manager

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
... "Establishing a large footprint in healthcare with such a well credentialed managed provides exposure to an asset class with sound underlying fundamentals and increasing national demand," Huljich said.

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... medium term. The rating is also supported by solid government fiscal accounts, low public indebtedness, and the economy's sound external settings." Love him or loathe him, Philippine GDP growth has remained buoyant despite the slowdown in the global ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... couple of years now but saying that the time's not right," he said. "In the soft-revenue environment, they're putting that sound out there to get people thinking about the costs basis and what can be done in the medium term." King anticipated that half-year ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... of GDP. Over the medium term, it is projected to fall below the 30-year average to 12.8 per cent of GDP. Domestic economy sound The Budget said the economy is on track to record its 28th consecutive year of economic growth and the fundamentals are sound. ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... utilisation; - Staff with necessary expertise (e.g. industry, technical and data analytics) supported by appropriate tools; - Sound process and outcomes realised across APRA's core supervision, policy and resolution functions (including appropriate utilisation ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... of Australia (CBA) highlighted the importance of not just having a healthy balance sheet, but also strong governance, a sound culture, appropriate internal controls, and clear accountabilities," Byres said. "These issues were further emphasised during ...

IFM Investors adds policy director

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
... executive Bernie Dean recently told Financial Standard that stapling members to one default account doesn't necessarily sound like a good idea. Commenting on Commissioner Kenneth Hayne's recommendation in the banking Royal Commission final report, Dean ...