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Showing 461 - 470 of 1884 results for "CIRC"

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The bank's cash earnings dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
ANZ has seized the opportunities afforded to it by global digital currency adoption and created the first Australian-bank-issued stablecoin with positive results. Having only recently minted its first stablecoin, ANZ has already found several key elements ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
National Australia Bank (NAB) has avoided a civil penalty for issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Superannuation funds must do a better job of communicating the value of group insurance, with research revealing just 25% of Australians understand what they're covered for, and many may not be adequately covered following recent reforms. MLC Life Insurance ...

Reframing disability: A world-changing opportunity

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
At the 2022 ASFA Conference yesterday, senior representatives of TAL and Rest emphasised the importance of supporting people with disability with a holistic claims experience. Explaining the common challenges customers experience, TAL chief claims officer ...

CBA dismisses rumours of crypto tie-up

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
Commonwealth Bank of Australia is denouncing claims of a partnership with a cryptocurrency trading platform that came from an alleged false news article. The article, which claimed to be a report from the Australian Broadcasting Corporation (ABC) news ...

Salaries soar but uncertainty remains: Recruiter

CHLOE WALKER  |  THURSDAY, 14 APR 2022
The boutique agency has highlighted the rise in salary packages for all sectors as they look to transform their marketing capability, build digital skillsets, and refresh sales functions. Preceptor managing director Mark O'Connor said that the biggest ...

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
Circle Internet Financial has entered into an agreement for a $400 million funding round with investments from BlackRock and Fidelity Management and Research. The global internet finance firm is also the issuer of USD Coin (USDC), one of the fastest ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
Assistant treasurer Michael Sukkar has welcomed the ATO's recent draft guidance on family trusts, noting that they are a legitimate and important way for families, particularly those running small businesses, to manage their financial affairs. This ...

VFMC,CFA Societies combine to attract more women into investing

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
Victorian Funds Management Corporation (VFMC) and CFA Societies Australia have joined Future IM/Pact - an industry campaign building a pipeline of future female investors. The new partners join as Future IM/Pact expands into the early career segment ...