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Showing 611 - 620 of 5944 results for "Banks"

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... This could trigger further containment measures and delay the economic rebound," the OECD said. The OECD prescribes central banks in advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline inflation... ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... cryptocurrency operates in an anonymous digital world, we closely track where it interacts with the real world through data from banks, financial institutions, and cryptocurrency online exchanges to follow the money back to the taxpayer." The warning ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of their traders in a cartel in the primary and secondary ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... for 12 months or more while growing up; or lived in a single-parent home. "Our data shows young Australians are turning to banks, finance companies or searching online for financial advice to fill in the gaps in their knowledge. Banks and finance companies ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... surprise). The question now is whether or not these are only transient inflationary pressures - as proclaimed by most central banks (led by the Fed and ex-BOJ) - or are early signs of things to come. The answer to this would determine future monetary ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... program to those in need, rather than giving them the option of using their super. The government should have enforced with banks, landlords, lenders, financial services and utility companies to offer deferred payment schemes to all customers, McKell ...

What COVID-19 did to super brand

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... realising that the funds are competing against each other. "The way to [differentiate a super fund brand] is not to do what the banks do and pretend you're the customer's friend but provide value," Madigan said. She said members don't open ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... Simon Doyle argued global debt and low interest rates have resulted in an asymmetry where it is very difficult for central banks to raise rates. "Last week the April inflation numbers were at a 24-year high, that's partly due to supply bottlenecks due ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... support. What's wrong with that? What's there to fear? It'll be a good sign if the Fed - followed by other central banks - reduce policy accommodation tomorrow, indicating a return to pre-coronavirus normal.

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...