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Showing 5841 - 5850 of 20553 results for "BEN"

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
AMP has announced a series of fee reductions for users of its MyNorth platform. The reductions in fees should result in savings for the more than 85,000 customers who currently use MyNorth. The reductions will include lower administration fees across ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Codes of conduct to be made enforceable

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The Federal Government has responded to the recommendation from the Royal Commission that financial service industry codes of conduct should be enforceable by ASIC. The Treasury released a consultation paper addressing this point from Hayne's report ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
Uh-OMG-oh! Long-time and loyal readers would have probably noticed my change in tune over the past few weeks - from a mini-me Dr. Doom to a prophet of boom - based on the rationale that the world's major central banks have toned down and/or reversed ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
APRA's first capability review should consider benchmarking it against comparable prudential regulators around the globe, says its terms of reference which are now open for response. Last month, the Government agreed to undertake regular capability ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
The Sino-Yankee trade war, the slowdown in the global economy and more recently, the Brexit fiasco have all had a negative bearing on the Australian economic outlook. This is no better depicted than by the recent National Accounts update showing the ...

Nikko AM chief executive steps down

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
The president and chief executive of Nikko Asset Management, Takumi Shibata, is stepping down. His resignation comes after he was named in a US lawsuit alleging he deliberately made lucrative stock options that were part of an incentive scheme for employees ...

AMP Capital scores AFL stadium interest

HARRISON WORLEY  |  THURSDAY, 14 MAR 2019
With the launch of the new footy season just around the corner, AMP Capital has made a big play in Perth's Optus Stadium, home to AFL clubs Fremantle Dockers and West Coast Eagles. The investment manager has acquired a 50% interest in Westadium ...

New directors join Frontier Advisors

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
Asset consultancy group Frontier Advisors has appointed two new board directors. Cbus board director John Edwards and HESTA board director Deborah Cole have joined the Frontier board. Edwards and Cole will replace long-standing directors Cbus chief ...