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Showing 471 - 480 of 3543 results for "ANZ"

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... arms. The company said it recorded net outflows of $262 million from its financial advice practice, but this was due to an ex-ANZ aligned dealer group off-boarding during the quarter. The company said excluding that one-off movement its net inflows were ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
ANZ has announced a 51% reduction in profits for 1H20 compared to last year as it defers its interim dividend awaiting greater clarity of the impact COVID-19 will have. The big bank's half-year results show a statutory profit after tax of $1.55 ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
The Finance Sector Union has accused ANZ of exploiting staff in an effort to pad out its results, with the big bank hitting back. An FSU spokesperson said the union had received "hundreds" of complaints after ANZ asked all staff to take their accrued ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... portfolio, with an unwaveringly large exposure to the economically exposed domestic banking sector, specifically CBA, Westpac, and ANZ. Yarra also held large positions in infrastructure toll-road stocks Transurban and Atlas Arteria, which are being severely ...

IOOF trims operations

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
Plans to simplify IOOF are continuing, with the wealth manager taking an axe to its New Zealand business. IOOF has sold the client rights to the IOOF Integral Master Trust it operates in New Zealand, the centrepiece of the firm's operations in the ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... scheme - which made its way through parliament this week - has provided certainty to many Australians, with the firm's first ANZ-Roy Morgan Consumer Confidence Rating taken since the announcement showing a record bounce in the index of 6.6 points to ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... certain! Economic stats and surveys at the same time that the RBA Board met show the extent of the challenges Australia face. The ANZ job ads index dropped by 10.3% in the month of March (following a 1.2% gain in Feb) - the fastest rate of decline since ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... underlying NPAT of $5.5 million. BGH Capital is headquartered in Melbourne and was founded in 2017 by former Macquarie Capital ANZ head Robin Bishop and TPG's Ben Gray and Simon Harle.

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... months to 1.7%, with Westpac matching the same rate as CBA. NAB lifted rates 5bps higher to 1.75% for a 10-month period, while ANZ lifted its term deposit rates to 1.35% for an eight-month period. Whichever authorised deposit-taking institution investors ...

Global hiring freeze for BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... travel saw their industries shuttered as the government attempts to control the spread of the virus in Australia. Meanwhile, ANZ chief executive Shayne Elliot took to LinkedIn Live to say ANZ is hiring to meet the extra demand brought about by those ...