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Showing 431 - 440 of 480 results for "Australian Bank"

Lo-doc lending headaches

Are lo-doc loans too high maintenance? While the Big Four banks have all jumped on the lo-doc bandwagon, consulting firm Deloitte said other finance groups are starting to question the business model behind non-conforming loans. Lo-doc loans or non-conforming ...

Industry gives new AML/CTF Bill the nod

KATE HAGE  |  FRIDAY, 14 JUL 2006
The Federal Government has released a revised version of the draft Anti-Money Laundering and Counter Terrorism Financing Bill (AML/CTF) which has been cautiously welcomed by key industry groups who are pushing for a three year transition time. The changes ...

BankWest supports young savers with high interest rate

BankWest is giving children more reason to accumulate wealth with a savings account that offers an eye catching monthly bonus interest rate of 10 per cent per annum. The HBOS-owned group claims the recently launched 'Kids' Bonus Saver' account beats ...

Time for another Wallis Inquiry

A leading academic has challenged the government's four pillar policy and called for a major review of the country's financial system akin to the scale of the 1996-97 Wallis Inquiry. Professor Ian Harper, executive director of the Centre for Business ...

Boomer Budget bonanza

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2006
The 11th Costello Budget, drawing almost universal praise from the superannuation industry, is tailor made to boost savings from lackluster boomers while its red tape reductions should see advisers get back to actually being advisers. "ASFA's calls ...

Poor governance high returns: SBS

A previously unreleased research report by the Sydney Business School has revealed that investing in companies characterised by 'poor governance' may reward investors more than investing in companies with so-called good corporate governance practices. ...

Australians will pay for ID fraud protection: Unisys

A recent survey has shown that Australian consumers are willing to pay higher fees or switch banks if that means they can avoid becoming the victims of ID fraud. Global IT services group Unisys commissioned a research firm to conduct telephone surveys ...

Bank profits drive super savings: ABA

Banks may be the companies we love to hate but they play a crucial role in driving earnings in our super funds. The Australian Bankers Association (ABA) has released analysis showing that because banks make up 25 per cent of stock market capitalisation ...

Mercer to screen managers against ESG

Mercer Investment Consulting (Mercer IC) has started reviewing fund managers regarding how actively they exercise 'active ownership' principles such as exercising proxy voting and participating in constructive shareholder engagement. Mercer IC has taken ...

ABA counters international non-compliance findings

The Australian Banker's Association (ABA) has spoken out after a report claims Australia is not compliant with anti-money laundering (AML) and counter-terrorist financing (CTF) proposals. The ABA has conceded that it is not surprised by the findings ...