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Showing 5001 - 5010 of 17956 results for "Bank"

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
If all goes according to expectations, today's Reserve Bank of Australia (RBA) Board meeting will mark one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
The prudential regulator cautioned against the use of a sole measure to determine whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Commonwealth Bank is extending its domestic and family violence support program due to customer need, with its helpline receiving about 90,000 calls in the first month. Initially launched as a 12-month pilot in November 2017, the CBA Domestic and Family ...

Rethink property investment: Poll

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
Financial Standard readers overwhelmingly agree now is the time to reassess property investment strategies. More than 80% of respondents to a Financial Standard survey either agree or strongly agree it is critical to reassess property investment strategies ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
Just in time for tomorrow's Reserve Bank of Australia (RBA) monthly board meeting, ME Bank published the results of the 14th survey of its "Household Financial Comfort Report", taken last June. "The ME Household Financial Comfort Report provides ...

Global fund manager replaces COO

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... Switzerland, including chief executive of the New York-based distribution arm. His early experience also includes Coutts Bank and Rothschild Bank. As COO, Taussig oversees the day-to-day activities of the finance, operations, compliance and client relations ...

Industry super fund renews board

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
A profit-for-member superannuation fund managing about $90 billion in retirement savings has appointed three directors following the retirement by rotation of existing board members. Glenn Bunney, Pip Carew and Tom Symondson have joined the board of ...

XPLAN picks up Lumen integration

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
... the future and look forward to working with licensees to visualise all of their data." Earlier this year Papua New Guinean bank and wealth management firm Kina expanded its relationship with IRESS by committing to using the firm's Acurity Online fund ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
"The mistake is to always wait, wait, wait until you have perfect certainty." - Bank of England Governor Mark Carney The Bank of England (BOE) finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its ...