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Showing 21 - 30 of 76 results for "Shayne Elliot"

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... to empower customers to more easily shop around for the financial service that best meets their needs." ANZ chief Shayne Elliot also responded, and said the inquiry was a good opportunity to provide facts "in what is a complex space". "We hope it [the ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
The $154 billion sovereign wealth fund voted against equity grants to Pinnacle Investment Management's managing director Ian Macoun and two executive directors, a summary of its proxy voting for FY19 shows. Future Fund was happy to support re-election ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... impact" an over emphasis on individual bonuses within banks have on the community, according to chief executive Shayne Elliot. "We are taking action to rebalance the way we pay people so that variable remuneration is a smaller part of our people's take ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core businesses ...

ANZ boosts remediation team

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
... by more than 50%. Currently ANZ's remediation provisions stand at $698 million, and according to chief executive Shayne Elliot, the bank has no choice but to "get on with it." "What we recognise is if you stand back and think about the environment, we've ...

ANZ reshuffles leadership team

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
ANZ is shedding its single governance and accountability structure, appointing two group executives to share responsibility for the Australian business' financial performance. The bank is introducing a new management structure to better navigate the ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... recommendations in the report will help us build on this progress," Westpac chief executive Brian Hartzer said. ANZ chief Shayne Elliot said the experience of the Royal Commission had been humbling, and said the bank accepted responsibility for its failings. ...

ANZ Australia head to depart

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
ANZ's group executive for Australia is stepping down and taking an extended career break to spend time with family. Fred Ohlsson has announced he will be returning to his native Sweden following 17 years' at the bank. Current group executive, business ...