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Showing 461 - 470 of 5948 results for "banks"

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... mid-2023." QIC chief economist Mathew Peter said: "The RBA is now committed to lowering inflation, as are most other central banks. The Jackson Hole pronouncements have given the RBA little choice other than to raise rates by another 50 basis points ...

Defensive equities strategies protect against downturn: Report

CASSANDRA BALDINI  |  MONDAY, 5 SEP 2022
... various forms are expected to hold up relatively well under inflationary conditions, the outcomes depend on whether central banks are able to engineer a soft landing," the report said. The report concluded while defensive strategies have proven their ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... liquidity risk management and reporting. At the time APRA Deputy Chair John Lonsdale said: "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR. While ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... global equities and global bonds both fell over 10% during the year and that is because inflation is rising and central banks around the world are responding by rising interest rates which in turn is hitting asset values," he said. "To preserve the capital ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... review's proposals to weaken consumer protections will fuel a revival of vertical integration, by making it easier for large banks and super funds to use their data to flog products to existing customers. This will have a serious impact on competition ...

Equity Trustees celebrates new mandate

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
... companies in Australia and across Asia Pacific, TCP's objective is to fill that financing gap for companies as traditional banks experience reduced appetite for lending to mid-market corporates amid tight regulatory capital requirements. "This fund also ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... expectations dramatically increased volatility in equity and bond markets. "We are in uncharted territory in that central banks have generally been wrong on inflation for the last couple of years - they just didn't see it coming," she said. "So ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... learnings from the climate vulnerability assessment. It will also upgrade the business continuity and contingency practices of banks with a focus on recovery planning, operational resilience, and critical function resolvability. APRA chair Wayne Byres ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... Climate-related Financial Disclosures (TCFD) framework. "Climate change and the global response to it are creating financial risks for banks, insurers and superannuation trustees, whether it be the physical damage from floods or bushfires, or asset price ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country central banks were late in recognising just how great a challenge inflation would prove for monetary policy. "By allowing inflation and inflation ...