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Showing 621 - 630 of 3543 results for "ANZ"

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... impressed by the oft-praised technology that is blockchain. There has been a lot of hype about blockchain in recent times but now ANZ associate director, trade and supply chain, Maria Bellmas has warned the technology raises many questions. Ballmas said ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... investors are showing faith in the big banks. CommSec, which tracks consensus stock ratings, places CBA, NAB, Westpac and ANZ all as a "moderate buy." Among the industry's biggest investors is the country's $2.8 trillion superannuation industry. ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... stats) give no reason for optimism - the trend slowdown in total and full-time jobs remain. Not only that, the lead from the ANZ job ads series suggests further weakening in job creation in the coming months. History repeats? Just as today, the RBA has ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... significant resources into rolling out the high speed payment system last year. In emails sent by Lowe to the chief executives of ANZ, Commonwealth Bank, Westpac and National Australia Bank last September, he expressed concern at how long it was taking ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... business activity, hiring would start shrinking sometime soon. This is indicated by the back-to-back year on year decline in the ANZ job ads series - down by 4.3% in February after declining by 3.8% the month before) - which leads the growth in employment ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... through 16,000 brokers, Frydenberg said. The channel accounts for almost 40% of all loans at Commonwealth Bank and 55% at ANZ but some banks have shown they don't need to rely on the channel. An example is Bendigo and Adelaide Bank which sources most ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... lost earnings, with either the higher of the Macquarie Cash Management Account rate or the RBA rate to be used. Similarly, ANZ said it would calculate interest to reflect lost earnings, but would calculate interest at the RBA cash rate plus 4% in instances ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... an update to the "further review" programs currently underway at six of Australia's largest financial institutions - AMP, ANZ, Commonwealth Bank, Macquarie, NAB and Westpac. According to ASIC commissioner Danielle Press, the institutions have taken too ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... "What takes one to two years is done in one day," Young says. Keep reading. Maria Falas, head of mental health and wellness, ANZ Wealth Migrating to Australia from Cyprus in 1975 after losing their home and being forced to start over, Maria Falas' ...

NAB names new chair

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2019
... to do so until a new chief executive is appointed. Chronican has served on the NAB board since 2016 and is a former head of ANZ Australia. Prior to that he dedicated many years to Westpac, serving in a number of roles including group executive, institutional ...