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Showing 3251 - 3260 of 6264 results for "DET"

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
Sure there were a few down days but overall, the US equity market - like the energizer bunny - keeps on going and going... up. Wall Street's major equity market indices closed at record highs - the Dow at 21,115.55 points; the S&P 500 at 2395.96 points ...

Fox warns against direct life insurance again

KARREN VERGARA  |  FRIDAY, 3 MAR 2017
Consumers who purchase direct life insurance are at risk when it comes to claim time, the head of the Association of Financial Advisers warns. Buying life insurance over the phone or online should set off alarm bells - it means the policy has not been ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
The Commonwealth Bank will review its payments to part-time employees over the past eight years to determine if any are owed unpaid superannuation entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
Along with household consumption, exports were the biggest contributor - both adding 0.5 percentage point -- to Australia's faster-than-expected 1.1% expansion in the fourth quarter of last year (expectations were for a 0.7% gain), that took the annual ...

NAB hires former NSW premier

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
National Australia Bank appointed former New South Wales premier Mike Baird as its chief customer officer, corporate and institutional banking. Baird started his career in banking with NAB in 1989 and worked for Deutsche Bank and HSBC prior to entering ...

Hostplus commits further to Australian VC

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Hostplus has now invested more than $350 million in Australian venture capital initiatives, having made a significant investment in a seed-stage VC firm recently. Hostplus invested $85 million in Artesian, which provides a pre-screened funnel for more ...

A good set of numbers (almost)

BENJAMIN ONG  |  TUESDAY, 28 FEB 2017
It was good. Nay, it was very good. The Australian Bureau of Statistics' (ABS) report on company profits helped explain the latest jump in the NAB survey that showed business conditions increased by 6 points to a reading of +16 in January - the highest ...

Wednesday delivery

BENJAMIN ONG  |  MONDAY, 27 FEB 2017
Perhaps we'll have clearer skies by Wednesday. One that will affect economies and financial markets everywhere. Wednesday (or Tuesday night US time), is the day when US President Donald Trump speaks before the joint-session of Congress, where he, hopefully ...

Open data would protect advice industry: Adviser Ratings

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2017
ASIC should take a leaf out of the US' Financial Industry Regulatory Authority's book and introduce more detailed and transparent historical data around the conduct of financial advisers. Adviser Ratings managing director Angus Woods believes a more ...