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Showing 501 - 510 of 533 results for Ally Selby

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Like many of us do nearing the end of the year, APRA has taken time for some self-reflection and assessment, identifying three areas it needs to work on next year. APRA has released its 2018/19 self-assessment report to review its key performance indicators ...

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Take a moment of silence for Australia's highest paid chief executive Shemara Wikramanayake, whose British counterpart surpassed her annual salary by more than $500 million. Based on today's conversion rates, Bet365 chief executive Denise Coates raked ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
ANZ is the latest of the big four to be hit by the banking blues - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told ...

Google to pay ATO $481.5m

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The Australian Tax Office has celebrated a major win, with tech giant Google set to cough up an extra $481.5 million on top of its previous tax payments. It comes following a 10 year dispute between the ATO and Google. Microsoft, Apple and Facebook ...

VanEck changes ETF portfolios

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The fund house and Lonsec Investment Solutions have made a number of changes to their three low-cost ETFs. The portfolios are designed to help financial advisers and brokers to build diversified portfolios for their clients, while also respecting their ...

ASX 200 hits female director target

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The Australian Institute of Company Directors' goal of increasing gender diversity on ASX 200 boards has been met, albeit a year after its original target. The ASX 200 has now achieved 30% female representation on boards. It comes more than four years ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
Tech companies are poised to disrupt the dominant position of the big four banks on the financial system in the coming years. That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking ...

Zenith acquired by private equity firm

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
Research house Zenith Investment Partners has accepted an offer from private equity firm Five V Capital to acquire the business. Five V Capital, set up by Adrian MacKenzie in 2013, is best known for being an early backer of Aussie tech darling Canva ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
A spokesperson for Channel Capital confirmed the appointment of two new directors to its distribution team, hiring from NAB and Pendal. Alana Carratelli and James Biggins will join Channel Capital in February after they serve out their gardening leave. ...