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Showing 441 - 450 of 992 results for "Financial System"

Banks will always take more risk: APRA exec

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
An APRA executive says there's a lot to be happy about within the Australian financial system despite it constantly facing scrutiny over risk management and industry culture. Speaking at the Centre for International Finance and Regulation banking research ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
... England cannot (and should not) stand in the way of these necessary adjustments. But we will work to ensure the financial system can function effectively as they take place, so that any effect on jobs and growth is not magnified". Carney noted that UK ...

Global bond funds underinvested in EMD

MARK SMITH  |  WEDNESDAY, 15 JUN 2016
Australian institutional investors have not achieved optimal exposure to emerging market debt over the past decade because they have depended on broad global bond strategies which have tended to avoid economies which are unduly perceived as very risky. ...

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
... of our financial markets is crucial to a strong Australian economy. A fair, well-functioning and competitive financial system is crucial to providing the best outcome for customers and the wider community. "NAB takes its role in upholding high standards ...

ASIC cancels AFSL of wholesale fund manager

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... Greg Tanzer said. "ASIC can and does hold gatekeepers to account to ensure investors can have confidence in our financial system." In a statement ASIC reminded wholesale fund managers that they are required to comply with the AFS licence obligations ...

PROFILE: FSC chief executive Sally Loane

ALEX BURKE  |  TUESDAY, 31 MAY 2016
... To her credit, though, she describes that day in positive terms. "It was the day David Murray brought down the Financial System Inquiry," she recalls, "and I saw the FSC team burst into a well-oiled machine. Obviously, the FSC under John Brogden and ...

Foreign managers priced out of super

ALEX BURKE  |  MONDAY, 30 MAY 2016
... lowest fees charged globally as evidenced in a study of FSC members managing $7 trillion which we produced for the Financial System Inquiry." In some ways, this is unsurprising, given the wider aversion towards super fees in Australia; Financial Standard ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the Age Pension'. This objective, which will for ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... Price said: "Company officers, including directors, play a very important role as gatekeepers in Australia's financial system. In this case we saw individuals neglect their duty to act in the interest of their investors." The matter has been adjourned ...

FSC releases policy priorities for next parliament

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... the next parliament. Primarily, the FSC's statement concerns itself with outstanding issues highlighted in the Financial System Inquiry. Specifically, it emphasises the need for a professional framework for financial advisers and refining the recommendations ...