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Showing 491 - 500 of 3558 results for westpac

Westpac not evacuated, misinformation abounds

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... offices were evacuated due to a coronavirus scare, the bank has confirmed it is business as usual. The discovery of three Westpac employees at its Barangaroo offices with suspected cases of COVID-19 forced the bank to take some precautionary measures ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... extending the country's 29 years of no recession into 30 years. The latest reads from the NAB Business Survey and the Westpac/Melbourne Institute clearly shows waning confidence. The NAB business confidence index fell to a reading of -4 in February ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... issues with 1.4%. In terms of life insurers, TAL received the most complaints, followed by AMP Life, OnePath Life and Westpac Life. Data also revealed the nation's largest fund AustralianSuper received the most complaints at 262. About 122 of those were ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
A member of Westpac's board is preparing to leave the turmoil stricken big bank after less than two years as a director. The bank has confirmed the departure of director Anita Fung from its board. Fung was appointed to the board in the midst of the ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... aforementioned businesses ($94.6 million). Sargon and its subsidiaries are currently under the firing line, with HUB24, OneVue, Westpac and Taiping Trustees chasing the group for millions of dollars owed in debt. Eight companies within the Sargon group ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... enforcement investigations involving Australia's largest financial institutions, including the Commonwealth Bank, NAB, Westpac, ANZ and AMP and their subsidiaries since January 2019, just prior to the release of the Commission's final report. Overall ...

Citi appoints head of investment partnerships

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Citi Australia has hired from Westpac to appoint a new head of investment partnerships, tasked with promoting its wealth management business. Keith Miranda was most recently Westpac's head of strategic initiatives, digital and marketing. Prior to this ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... stores already earmarked for closure just one fortnight into the new year." As revealed in their response to the latest Westpac-Melbourne Institute consumer sentiment survey, Australians are correct to be concerned with regards to their unemployment ...

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
Westpac said it expects $80 million in additional expenses in FY20 as parts of its response plan in relation to the AUSTRAC scandal. The bank provided a company update to the ASX, in which it outlined its progress on its response plan for the AUSTRAC ...