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Showing 481 - 490 of 3560 results for "Westpac"

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... a sharp reduction in auction clearance rates, he said, with the preliminary rate falling to 61.3% as of March 22. The Westpac-Melbourne Institute Index of House Price Expectations fell to 6.6% in March, the largest monthly decline since February 2019 ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Westpac has confirmed acting chief executive Peter King will take on the role permanently to steer the bank through ongoing uncertainty. In an announcement today, Westpac chair John McFarlane said King has agreed to take on the role for the next two ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
A former Westpac operations manager has been appointed to lead the financial advice capabilities of a listed wealth manager. ClearView has confirmed its appointment of Nick Howell as the firm's new head of advice. "Nick's appointment is part ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... more than 1.45% higher than the official cash rate." Since the announcement, 25 other banks have followed suit, including Westpac, NAB, St George, Suncorp, Bank of Melbourne, Bank of Queensland, HSBC and Macquarie Bank. Westpac acting chief executive ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... outlook in terms of COVID-19 is slightly bleaker than others. It predicts 12.5% unemployment and -6.9% GDP. Bill Evans at Westpac is more optimistic, predicting -3.50% GDP and 11.1% unemployment. Others, like Citi and Goldman Sachs think unemployment ...

Pinnacle distribution director takes new role

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... institutional business, and separately, Australia and New Zealand. He has also worked for Macquarie Group, BT Financial Group and Westpac. Maple-Brown Abbott started as an equities boutique but has expanded to a multi-boutique model with 60 staff and ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... undervalued stocks, which they believe, can withstand the COVID-19 crisis. These only included two financials, those being Westpac and NAB. Other picks included BHP Group, Blackmores, Premier Investments, Super Retail Group, Telstra, Unibail-Rodamco-Westfield ...

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... billion last year, Commonwealth Bank's came in at $2.2 billion and ANZ's was just over $1 billion. In May last year Westpac said it was likely to have to repay more than 30% of the ongoing advice service fees charged by authorised representatives ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
... distrusted brands. AMP ranked third among the least trusted brands in Australia. It topped Commonwealth Bank, NAB, ANZ and Westpac, which all made the top 10. Bendigo and Adelaide Bank was the only financial services firm to make the top 10 most trusted ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... performance is likely driven by the different composition of each banks loan book." Since the beginning of the COVID-19 sell-off Westpac has fallen 43.7%, however was trading up 7.36% at the time of writing. ANZ has fallen 44.9% during the sell-off ...