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Showing 391 - 400 of 979 results for "Financial System"

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
... bank's major source of concern in recent times. Concern that was spelt out last month by RBA Assistant Governor (Financial System) Michele Bullock when she warned of the property market becoming a trigger for financial stability in Australia. Australian ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
... expectations index" jumped by 2.2% in March from February and by 26.7% from a year earlier. RBA Assistant Governor (Financial System) Michele Bullock just recently underscored the Australian central bank's role of maintaining "overall financial stability" ...

Westpac deputy chief executive retires

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2017
... challenges and opportunities," Hartzer said. Coffey oversaw Westpac's contribution to the Federal Government's Financial System Inquiry and is currently leading work underway to rebuild customer trust, Hartzer said. Coffey said: "Westpac has given me ...

Good for now worrying for later

BENJAMIN ONG  |  WEDNESDAY, 15 MAR 2017
... "emphasis on financial stability". Just yesterday at the Bloomberg Breakfast conference, RBA Assistant Governor (Financial System) Michele Bullock underscored the Australian central bank's role of maintaining "overall financial stability". "We are somewhat ...

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... Australia is unrivalled. His focus on customers, innovation, culture and leadership has positively transformed our financial system, and helped put more money in people's pockets. We welcome his contribution to the next phase of our evolution as we continue ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
... irresponsible lending and mis-selling to retail investors and consumers, which can undermine trust and confidence in the financial system," the report says. It is also targeting the risk arising from the misalignment between people's understanding of ...

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... Committee on Economics, representing the first of the four major banks in an effort to review Australia's banking and financial system. Of the 1138 employees, who breached the bank's code of conduct during the 2016 financial year, only two senior managers ...

Confusion reigns in super and life insurance: CHOICE

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... accounts, and earn an extra $1600 a year in retirement income if superannuation was simplified. "Modelling from the Financial System Inquiry found that removing duplicate accounts could increase superannuation balances at retirement by around $25,000 ...

Senate committee files views on super objective

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
... be increased to 12%, and made specific reference to the lack of consultation which occurred through the Murray Financial System inquiry. The majority of submitters welcomed the introduction of an independent monitoring and review system to assess the ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... the APRA's agenda for 2017, including their main policy item of implementing the first recommendation of the Financial System Inquiry; forcing big banks to raise more capital. Byres noted while APRA had been holding off until the work in Basel on the ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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