Search ResultsShowing 41 - 50 of 100+ results for "Westpac"
Wealth income halved, Hartzer skips $1.6m bonus
HARRISON WORLEY  |  MONDAY, 4 NOV 2019
Westpac chief executive Brian Hartzer relinquished a $1.6 million cash bonus for the year, as income for the group's wealth management business fell significantly. Releasing its annual report and full year results to the market this morning, Westpac ...
HESTA strengthens financial advice team
ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... was the head of advice delivery at IFS and worked as a consultant to financial planners. Joiner has also held roles at Westpac and NAB. Speaking to Industry Moves , HESTA chief advice officer Matthew Halpin said Joiner will bring extensive experience ...
Advice group chief executive to depart
JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... marketing at Fidelity Australia. She has also previously held senior roles with Colonial First State, BT Financial Group and Westpac. She held a series of roles with AMP between 1988 and 1997 after which she joined Rothschild Australia Asset Management ...
Chief economist update: RBA rate cut outlook
BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... the level of pessimism among Australian businesses and consumers as evidenced by the latest NAB Business survey and the Westpac-Melbourne Institute consumer sentiment index. And of course, there was also the better-than-expected employment report. So ...
VanEck launches new fixed income ETF
KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... subordinated bonds are paid after unsecured debt holders and traditional bonds," Chesler said. Its biggest holding is in Westpac 08/29's which have a weighting of 20.3%. The ETF tracks the the iBoxx AUD Investment Grade Subordinated Debt Index, created ...
ASIC wins appeal against Westpac companies
KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...
Westpac takes $1 billion profit hit
ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
Westpac's customer compensation bill has added $341 million in the second half of 2019, bringing the remediation total to $958 million for the year. Westpac chief executive Brian Hartzer said: ""A key priority in 2019 has been to deal with outstanding ...
Chief economist update: Rate cuts coming, but not on race day
BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... employment since mid-2018. Leading employment indicators - the ANZ job ads dropped by 10.4% in the year to September; the Westpac-Melbourne Institute 'unemployment expectations index' rose by 7.3% (year-on-year) to a reading of 131.8 in October ...
CommInsure eyes deferred lifetime annuities
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Challenger has an 88% market share on annuities, followed by CommInsure ( $458 million in sales for year ending March) and Westpac ($3.8 million in sales).
Poor market conditions weigh on Perpetual, Pendal
ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... partially offset by the inflow of $500 million into its US pooled funds. The decline was mostly due to outflows in the Westpac book and European and UK OEIC funds, despite receiving an over $1 billion boost from the weaker Australian dollar. The loss ...
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