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Showing 381 - 390 of 637 results for "Australian Prudential"

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry funds suffered a 2.9% drop in assets during the three months, down $7.6 billion to $249.7 ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
... differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The Australian Prudential Regulation Authority (APRA) accepted the enforceable undertakings (EU) from the former Trio director's yesterday and ...

Smaller lenders to take brunt of Basel III reforms

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
... building societies are likely to be hardest hit by the Basel III capital reforms, said PwC, following the Australian Prudential Regulation Authority's release of a discussion paper on the subject. APRA issued the consultation document outlining its proposed ...

Life insurance revenue down 13.9%

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
... NPAT for the year was $2.76 billion, down 13.9% compared to last year's annual result of $3.2 billion. The Australian Prudential Regulation Authority (APRA) report attributed investment revenue of $18.7 billion as the principle source for total revenue. ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... net average return for its infrastructure fund over the past 16 years. The opposition has called for the Australian Prudential Regulation Authority to investigate whether industry super funds were using members' money to politically support the Federal ...

ANZ shows increased profit and deposit growth

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... owner-occupier mortgages on its books and $43.2 billion of residential investment mortgages according to the Australian Prudential Regulatory Authority's June banking statistics. It had $71.5 billion worth of household deposits registered in the same ...

Trio chair ban and Richard jailed

ELISE BURGESS  |  FRIDAY, 12 AUG 2011
... protected custody and an additional 15 month good behaviour bond. Additionally, over the past five weeks the Australian Prudential Regulation Authority accepted EU's from former Trio directors Rex Phillpott and Natasha Beck.

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... holiday from the endless consecutive rises enjoyed before the global financial crisis. According to the Australian Prudential Regulation Authority's (APRA) monthly banking statistics for May, the Big Four banks had $262.7 billion in investment housing ...

BNP Paribas gains Aust banking licence

ELISE BURGESS  |  FRIDAY, 8 JUL 2011
... markets with wholly-owned subsidiary, BNP Paribas Securities Services, granted a banking licence by the Australian Prudential Regulatory Authority. The licence will allow the bank to provide custody and clearing solutions from 2012 onwards, specifically ...

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
The government has relieved the Australian Prudential Regulation Authority (APRA) of its duties to administer the early release of superannuation on compassionate grounds, handing the responsibility to Medicare. Only around $1.5 million of super savings ...