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We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... to build and sustain customers' trust. "We have made improvements, and still have much more work to do. So by the time we next appear here, there will be a much longer, and still continuing, list of practical actions taken," he said in his opening statement. ...

Qantas Super names member experience head

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
... and it was clear he would add great value to the team." Clancy said the super fund will be rolling out initiatives over the next three years to connect more personally and regularly with members, adding that Langeveldt will be a key driver of these. ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... indicates it would get there very soon. The Fed risks instilling doubt over the US economic outlook if it doesn't raise rates next week. The Reserve Bank of Australia (RBA), which holds its policy meeting today, is not expected to alter current interest ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% by the end of 2017 and 5.3% next year. This is at the low end of the Reserve Bank of Australia's (RBA) end-2017 growth forecasts of 2.5%-3.5% and 2.75%-3.75% ...

Advice group driving fintech efficiencies

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
... for educational standards reforms," Beaven said. "Now we have the structures, frameworks and resources firmly in place, the next stage is to adapt and transform our technological and digital capabilities with the help and input of our adviser network." ...

Value investors facing short-term headwinds

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... was misunderstood for a long time and remains a standout value stock; Woodside has a good product growth profile over the next 10 to 15 years; while BHP and Rio have turned around in the last 12 months. Murray adds that the banks have also turned a corner ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
Good one month, not so good the next. This is the story of private sector credit in Australia - the month-on-month growth rates, at least. Total private sector credit went up by a lower than expected 0.2% in the month of January - the slowest pace since ...

Diversa fuels OneVue fund services boost

ALEX BURKE  |  MONDAY, 27 FEB 2017
... revenue corresponded with a $22.7 billion increase in unit registry funds under administration to $435.9 billion. Over the next 18 months, OneVue said contracted client transitions will generate a further $7.7 million in incremental annualised revenue. ...

Centrepoint growing wealth business

KARREN VERGARA  |  MONDAY, 27 FEB 2017
... accounting firm joint ventures. We have also seeded a new life insurance initiative and look forward to developing this over the next 12 months," Centrepoint chair Alan Fisher said. Managing director John de Zwart said the group's goal was to be the ...

Cbus names new portfolio manager

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... by 74%, the fund says it is preparing for future challenges among a growing asset pool likely to reach $50 billion in the next three to five years. Three overarching investment themes are driving the fund, including: taking advantage of the long-term ...