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Showing 11 - 20 of 521 results for "Banking Sector"

The top-performing (and worst) asset classes of the past year

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
... equities, unaffected by currency fluctuations, pocketed an 11% return, catapulted forward by strong performance in the banking sector. More defensive asset classes, meanwhile, had a "steady pace," last year, Liem said. Fixed interest markets mounted ...

Roads, railways, NBN winners in Budget

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... continue operating over 800 of their branches in regional and remote Australia until at least 31 July 2027. "The banking sector has also agreed to increase its investment in Australia Post's Bank @Post service, providing greater certainty and choice ...

VFMC welcomes two key execs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... our clients." Meanwhile, Emma Fletcher has been named chief people officer. Like her colleague, she came from the banking sector. Most recently, Fletcher was head of talent and culture at ANZ Institutional Bank. She was previously head of human resources ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... the case for superannuation trustees, who typically have less stress testing experience and capability than the banking sector," McCarthy Hockey said. McCarthy Hockey said the issue of operational risk is also closely related to the financial system's ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... expected." Elliott said the bank was preparing for the future, but noted industry-wide challenges remain in the retail banking sector. "This year again highlighted the benefits of our diverse portfolio with Institutional achieving record revenue, record ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... an Australian Bank Credit ETF (ASX: BANK) later this month, affording investors exposure to credit in the local banking sector. The ETF will track the performance of the Solactive Australian Bank Credit Index and will be Australia's first passively managed ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows the growth rate of spending across all age cohorts has fallen. However, upon questioning, she conceded that while those ...

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... overvalued and are the most expensive globally, said VanEck portfolio manager Cameron McCormack. "Australia's banking sector is vulnerable to a correction and investors should be wary if they are overexposed," he said. Meanwhile gold miners, and ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... Australian superannuation system is moving toward a market state similar to the Australian banking system. The banking sector has a few large participants and a handful of smaller, competitively differentiated banks and other financial institutions ...