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Showing 3461 - 3470 of 17956 results for "Bank"

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after excluding ...

Westpac hunts new insto bank chief

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
The chief executive of Westpac's institutional bank has retired. Lyn Cobley has been head of the institutional bank for the past five years. Her retirement comes just a week after two other senior Westpac executives departed. Westpac chief executive ...

Investec funds women in finance scholarship

ALLY SELBY  |  FRIDAY, 29 MAY 2020
Investec Australia has established a postgraduate research scholarship with the University of Sydney Business School; in a move that it says will benefit the future finance workforce in Australia. The Investec Women in Finance and Leadership PhD Scholarship ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... gross domestic product," he said. "Nevertheless, the standard neoclassical growth model used by the treasury and Reserve Bank doesn't recognise this. "Instead, it assumes that over the medium term economic growth is entirely determined by supply rather ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
Reserve Bank of Australia governor Philip Lowe has called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor Philip Lowe's remarks before the Senate Select Committee on COVID-19. Straight from the governor's ...

Is the worst yet to come?

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
With the chances of a second wave of infections breaking out both internationally and domestically, consideration is being put on whether what we have seen is just the beginning. Simon Doyle, head of fided income and multi asset at Schroders, said from ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... prudential perspective." Paterson then asked if APRA had provided any advice to the government about the need for the Reserve Bank to provide liquidity assistance to super funds. APRA chair Wayne Byres said the issue was raised at the Council of Financial ...

Industry fund backs tobacco-free pledge

ALLY SELBY  |  THURSDAY, 28 MAY 2020
A $100 billion industry super fund has backed the Tobacco Free Finance Pledge Stamp, firming its commitment towards a more sustainable and tobacco-free future. First State Super has secured a Pledge Stamp, showcasing its public commitment to sustainable ...

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
The Australian Financial Complaints Authority (AFCA) has received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum ...