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Showing 431 - 440 of 5863 results for "July"

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... net profit after tax of around $2.5 billion for the first quarter of the 2025 financial year, covering the period between 1 July 2024 to 30 September 2024. That was flat on the corresponding period a year ago. CBA increased home loans by $8.6 billion ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... wrongly claimed the issue was not ongoing and made other misleading claims, including that it had only learned of the issues in July 2023. ASIC deputy chair Sarah Court said delays in claims processing cause real harm to families who may be relying on ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... said it was an example of why APRA's new prudential standard on operational risk management, CPS 230, coming into force in July next year. "Noting the difficulties some of our regulated entities have had complying with our prudential standard on information ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... report directly to Sullivan in his new role. Meanwhile, Sullivan thanked Hunt, who is staying on as chair of PGIM until 31 July 2025, for his contributions. "David has overseen PGIM's impressive expansion in the UK, Europe and Japan, as well as the integration ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... strategy has posted a 28.1% return year-to-date, compared to its benchmark - the S&P 500 index - at 22.1%. Since its launch in July 2014, the strategy has returned 16.2%, while the benchmark has returned 13.2%. GQG's share price year-to-date is up ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... Australian economy in the digital age." Responses to the consultation paper must be received by Wednesday, December 11. In July 2022, the RBA and DFCRC commenced a pilot program to test the viability of the issuance of a CBDC in Australia. Throughout ...

Perpetual reveals new leadership structure

JAMIE WILLIAMSON  |  FRIDAY, 8 NOV 2024
... most recently head of Asia Pacific for State Street Global Advisors (SSGA), a role he held for four years before leaving in July 2022. In all, MacNevin spent close to three decades at SSGA. At Perpetual, he will look after the technology and operating ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... or any leverage in negotiations. Justice O'Callaghan ruled that Dixon had faced a genuine risk of insolvency from at least July 2021, which only intensified through to January 2022. However, on all other issues, he ruled against ASIC's claims. "As I ...

AllianceBernstein managing director departs

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... most caring colleagues and clients, and for that I'll be forever grateful." Meantime, AllianceBernstein announced back in July it had named Andrew Chin as the firm's first-ever chief artificial intelligence officer. Chin has been working with the firm ...

Federal Court appoints receivers to ALAMMC Developments

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... The Court has extended travel restrictions on McWilliams, barring him from leaving Australia or attempting to do so until July next year.