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Showing 21 - 30 of 59 results for %22Australian Settlements%22

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... restructure would entail. Mayfair 101 chief executive James Mawhinney told Financial Standard the newly launched Mayfair Australian Property Bond will not be impacted. "The Property Bond is a separate product that provides investors with first registered ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Litigation funders will be regulated under the Corporations Act and required to hold an Australian financial services licence, Treasurer Josh Frydenberg announced today. The Treasurer said the government wants litigation funders to be subject to greater ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke will be appointed joint chief executives, replacing incumbent ...

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
... experienced director, Bels sits on the board of APRA-regulated payment and settlements services provider Australian Settlements, as well as the Australia and New Zealand Recycling Platform and CBHS Corporate Health, among others. LGS chair Kyle Loades ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime Minister Scott Morrison (and his Treasurer, Josh Frydenberg) and Reserve Bank of Australia (RBA) governor Philip ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... real-time gross settlement basis via the Reserve Bank Information and Transfer System (RITS). "As a direct clearer of Australian dollars, Northern Trust will manage its intra-day payment flows directly with other members of the High Value Clearing System ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... there is still room for maneuver." But this is nothing new - even the Financial Standard 's been calling for the Australian government to ditch its obsession with a budget surplus months ago. Likewise, the US Federal Reserve, the European Central ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... target over time." Expect more RBA snip, snip, snips coming our way for Lowe has just recently shifted the goalpost. The Australian central bank now puts NAIRU (non-accelerating inflation rate of unemployment) at 4.5%, down from 5.0% estimated over recent ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure (DMI). ...

IRESS partners with bank

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... rapid implementation and support provided by IRESS' expert local team." Volt is a consumer neobank and was the first Australian neobank to be issued with a RADI licence by APRA.