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Showing 41 - 50 of 2797 results for "Commonwealth Bank"

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
ANZ Group and Westpac have been identified as the cheapest major banks in an "overvalued sector," while Commonwealth Bank was deemed expensive by new Morningstar research. Morningstar senior equity analyst Nathan Zaia said that the valuation divergence ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... followed with realised pay of $25.32 million. Next, BHP chief executive Mike Henry received $19.67 million, while Commonwealth Bank chief executive Matt Comyn earned $10.52 million. Other big names in the financial services sector included Centuria Capital ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... customer officer. She is currently chief marketing officer at AMP. She's also previously held roles with Optus, Commonwealth Bank, PwC, Investec, BlackRock, and Macquarie Bank. At Insignia, she will have responsibility for advice and marketing, creating ...

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... of new lending, it is very high but does remain below the peak it reached in 2015 just post the APRA limits," Commonwealth Bank (CBA) economist Stephen Wu said. CBA had expected new housing lending to rise 3.5% for the month, while the consensus was ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... was not yet sufficient that inflation won't return to the target range of 2% to 3% within a reasonable time. Commonwealth Bank senior economist Belinda Allen said the RBA will be relying on upcoming data to determine whether a rate hike will be necessary ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... may bring the timing forward a little. But for the time being monetary policy remains in suspended animation." Commonwealth Bank head of Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... Australian superannuation fund. The fixed income specialist brings 17 years of experience after earlier stints at the Commonwealth Bank of Australia and Macquarie Asset Management. During his seven years at Macquarie he sat with the Australian Origination ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... 1.1%, the slowest rate of annual growth in GDP in more than three decades outside of the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints the picture of an economy that ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... resumption of rate hike discussions in May follows the removal of that deliberation at the March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print, caused the rate hike discussion. ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... for $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by Commonwealth Bank. Last week, a Mitsubishi UFJ Financial Group subsidiary finalised its acquisition of Link Group, which sees the rebirth of ...