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Showing 31 - 40 of 104 results for "ATM"

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE | THURSDAY, 11 AUG 2016

... Super Fund, Michael Rodriguez, was handed the fine after an ATO audit found that Rodriguez was using the SMSF as a "personal ATM". Over a number of years he borrowed from his SMSF, sometimes re-payed the borrowed amounts and then re-borrowed them again. ...

Instos begin litigation against Volkswagen

DARREN SNYDER | FRIDAY, 24 JUN 2016

A firm with Australian origins is leading the funding for institutional investor litigation against Volkswagen AG, with the first of two suits filed in Germany this week. Bentham Europe, a subsidiary of Australian-founded Bentham Ventures, said global ...

Negative interest rates drive spike in safe sales

MARK SMITH | THURSDAY, 9 JUN 2016

... $1,000 deposit at the bank would bring just a penny a year in interest, which would get wiped out by the fee for a single ATM withdrawal on weekends. In Europe, where the ECB has imposed negative interest rates for even longer, even the banks are considering ...

FirstWrap launches cash management solution

KERRIE SYDEE | WEDNESDAY, 8 JUN 2016

... consolidated view of all their clients' transactions and available cash. "Clients can also have access to their IDPS cash account via ATM, chequebooks, online banking or throughout Commonwealth Bank's branch network," he said. The FirstWrap cash management ...

Responsible investment is not just divestment

ALEX BURKE | THURSDAY, 19 NOV 2015

Investing responsibly for the long-term isn't just about restricting investment mandates, but rather considering "broader information" and acting accordingly. This was the main message from Principles for Responsible Investment chair (and former director ...

S&P warns banks on cyber risk

ALEX BURKE | WEDNESDAY, 30 SEP 2015

Standard & Poor's has warned the global banking industry that it may soon factor cyber-security risk into its credit rating services. In a new report, the researcher and index provider highlighted the rising threat of cyber-attacks on banks, which it ...

Australian market set for further falls

AAP | TUESDAY, 30 JUN 2015

Investors are bracing for further slides on the Australian sharemarket as Greece heads towards a default on its debt that could lead to its exit from the eurozone. The futures market suggests the S&P ASX/200 will open around 0.6 per cent lower on Tuesday ...

Euro - another experiment doomed to fail?

BENJAMIN ONG | MONDAY, 29 JUN 2015

... days after. This means that the IMF can declare Greece in default. This means Grexit. Thus, the bank holiday, the massive ATM withdrawals, the ECB's limiting of its ELA assistance to Greece that we feared at the start of last week is happening this week... ...

Graccident averted (yet again)

BENJAMIN ONG | TUESDAY, 23 JUN 2015

... spooks of last week turned out to be just that...imagined. There was no Greek bank holiday, no capital controls, no limits on ATM withdrawals. No prizes for guessing, but Greece takes the prize, leading the jump - the Athens SE General Index vaulted ...

We don't need financial advice: Gen Y

DARREN SNYDER | THURSDAY, 9 APR 2015

... Gen Y professional', discovered about 50% of respondents stayed with their banks on the basis of low account fees and free ATM withdrawals. Co-author, fellow Gen Y representative and KPMG associate director, Kristina Craig, said some interesting and ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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