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Showing 371 - 380 of 1161 results for "GFC"

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
... Inquiry. "It is perhaps not widely understood that Australia's financial system has been strengthened significantly since the GFC and our major banks are now stronger and safer than ever. While everyone benefits from a well-capitalised, well managed ...

Energy Super CEO explains disclosure decision

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
... understanding how we're investing." Petrou said this growing interest is a result of rising balances, combined with a post-GFC cautiousness. "We need to move away from the fact that we've got a lot of disengaged members, and think more about the ones ...

Chocolate biscuits and animal spirits

BENJAMIN ONG  |  TUESDAY, 21 OCT 2014
... of pay (excluding bonuses) slowed to 2.6% in the second quarter of this year, down from an average of around 4.0% plus pre-GFC. What would Australian businesses do to lift profits when they've cut costs bone dry? Something's gotta give... one way or ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... the proposals "protectionist," and "self-interested." Brogden claimed retail funds had outperformed industry funds since the GFC, adding that the latest MySuper data from APRA supported this trend. "We cannot continue to have a selection process for ...

Climate induced GFC a 'very real' risk: Hewson

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
Former Liberal leader John Hewson has said that over-investment by banks and pension funds in carbon-exposed industries could lead to a global financial crisis that dwarfs the 2008 crash. Hewson was speaking in his capacity as chairman of the Asset ...

US insurance agency fined US$200,000

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
... financial protection authority into one place. It was formed by the Obama administration through an Act of Congress following the GFC. Its scope covers consumers and their mortgages, credit cards, or various other financial products and it regularly ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
... regulation will make the investment sector less profitable. But the issues are bigger in Europe because of what is known as the 'GFC affect." But Lars added that the outlook for the retail wealth management sector of financial services is more positive ...

Flatline

BENJAMIN ONG  |  TUESDAY, 23 SEP 2014
... the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. ...

FUM breaks thru $2tr

STAFF WRITER  |  WEDNESDAY, 17 SEP 2014
... report noted that strong 12% annual growth trajectory confirms the funds management sector to have well and truly put the GFC behind it although it did cost it $500 billion in lost potential FUM and $5 billion in recurring annual fee revenue. Funds management ...

Wealthy investors bullish thanks to advice

MARK SMITH  |  THURSDAY, 11 SEP 2014
... for fixed income is up four percentage points to a 12 month high. The greatest concern for investors was the fear of another GFC or market crash, a factor cited by almost half (49%) of investors. Geo-political events such as turbulence in the Middle ...