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Showing 41 - 50 of 424 results for "Big four banks"

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... Bloomberg index that measures the performance of the Australian corporate bond market after excluding issuance from the big four banks. IYLD is targeting 0.75% to 1% yield margin over the RBA cash rate and will charge 12bps per year as fees. The second ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... forgotten element in the Royal Commission. Of the eight FSU members to take part in this report, seven work at the big four banks and one works at a mutual bank. "So what happens to workers in Australian banks when the ethics of capitalist policy formation ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

Adviser salaries in 2020 revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
... $90,000 while client services officers are generally paid between $50,000 and $70,000. Riva Recruitment said with all big four banks' having now signalled their intention to exit financial planning, there will be an influx of candidates for advice roles ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... hard to quantify. With the cash rate at historic lows and the economy set for a period of protracted decline, the big four banks are set to face some major headwinds, Dring said. Even before the coronavirus crisis, banks were faced with a tough half-year ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... Since markets hit their bottom, the S&P/ASX 200 has only risen around 20%, with the pandemic's impact on our big four banks pulling the index back. While Aussie investors have not reaped similar benefits to the rebounds seen abroad, analysts still ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... each eligible staff member per fortnight." Carnell said any business owners concerned should contact one of the big four banks, who have set up dedicated help lines dedicated to any JobKeeper issue. "There are lines of credit that are readily available ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... that the government cannot be the only "economic actor" in dealing with the effects of COVID-19 and praised the big four banks for their assistance. "The banks are doing a great job; I've got to give them that credit. They are cushioning the blow ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees. Plato Investment Management ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
The big four banks have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation ...