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Showing 601 - 610 of 17942 results for "Bank"

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
The Reserve Bank of Australia (RBA) has said the superannuation sector being derailed by liquidity challenged could pose a threat to the country's financial stability. In the RBA's April Financial Stability Review, the bank said while super funds are ...

Super fund growth: The winners and losers

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... the most growth in dollar terms. ART, meanwhile, stayed in the race by undertaking multiple mergers, including Commonwealth Bank Super and Qantas Super. Equip Super and TelstraSuper, which are slated to complete their merger later this year, ranked as ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... Betashares chief economist David Bassanese said this could impact the outlook for interest rate cuts at home as the Reserve Bank of Australia (RBA) monitors how Australia will be impacted by the hit to global growth. "All up, [the] announcement is close ...

Genium adds two staffers

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
The boutique investment consulting and research house has made two new hires to support the continued growth of its ratings business. Simon Scott joins Genium Investment Partners as a research analyst and will help expand research ratings coverage across ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... wealth management for the IMF, senior investment strategist for NZ Super and head of capital markets for National Australia Bank. As for Smith, he recently retired from Macquarie after 28 years of leading and growing new businesses and executing major ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... approach. The dark web market is booming, tipped to reach US$1.3 billion by 2028. On it, identity kits that include passports, bank logins, and access to social media accounts are being sold at a low cost. Commonwealth Superannuation Corporation (CSC) ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on applied to ANZ from $750 ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... the big question is how much tolerance it has for true economic pain as negotiations unfold," Hetts said. The Commonwealth Bank (CBA) economics team said Australia appears to have got off "comparatively lightly". "Our view from late last year remains ...

Brandes appoints new sales director for APAC

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... Diya Lowe, formerly the head of institutional for Southeast Asia at investment manager Ninety One, to support its private bank and high net worth clients. Brandes said she will bolster its client servicing capabilities, drawing on her experience in Australia ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...