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Showing 21 - 30 of 523 results for "Banking Sector"

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 ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... descriptions of key functions to assist banking entities in the allocation of key functions. The FAR will first target the banking sector from March 15. For the superannuation and insurance sectors, the regime will take effect on 15 March 2025. APRA ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... Sunsuper, where she ran customer interactions. Streets ahead Interestingly, she moved to superannuation from the banking sector which at the time was streets ahead of the super funds in terms of putting customers at the centre of everything. She spent ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... more negotiating power." PwC said the year indicates that competition for loans and deposits in the Australian banking sector tempered the earnings benefit of rising rates. It flagged banks are experiencing inflationary pressures in their cost base. ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... and calls for industry feedback on a range of potential options to overcome the obstacles. "Given the Australian banking sector's reliance on AT1 - and noting how rapidly contagion spread across international banks earlier this year - APRA wants to start ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... predicts payouts to rise 5.2% on a headline basis to $1.64 trillion, equivalent to underlying growth of 5%. "The banking sector in particular will continue to deliver solid growth for the rest of the year, making record payments to shareholders," Lofthouse ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... future retirement income, she said. Maill concurred, emphasising how the shifting landscape in Australia's banking sector is creating unique opportunities for private lenders Miall also believes it's an ideal time to invest heavily in private ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
Family offices across the globe are increasingly investing in metals as concerns of banking sector instability grows, according to a new study by Tresor Gold. The research was conducted in April among 100 metals and mining investors working for sovereign ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
Nearly six years since the landmark Royal Commission, former High Court justice Kenneth Hayne stands by his recommendations that upended the banking and financial services sectors. Making a rare appearance at the International Congress of Actuaries ...