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Showing 621 - 630 of 5969 results for "banks"

Sydney world's strongest luxury real estate market

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
... been revised upwards, protecting jobs and incomes via furlough schemes meaning there have been few forced property sales. Banks in key developed markets offered mortgage holidays to customers reducing repossessions and foreclosures," she said. "Households ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... superannuation funds and insurers. The FAR extends the Banking Executive Accountability Regime (BEAR) which has applied to banks since July 2018. In February 2019, the Hayne Royal Commission recommended extending BEAR to include APRA-regulated entities ...

AMP Capital fund reduces fees, secures major loan

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
... sector. The Royal Adelaide Hospital secured the sustainability loan with the help of a consortium of AMP Capital and 18 banks. The hospital is a public private partnership (PPP) between Celsus and the South Australian Government. CommIF owns 17.26% of ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... principle is at the heart of the UN's guiding principles for business and human rights," the pension fund said. The banks, in particular, finance housing construction and contribute to the development, expansion or maintenance of the settlements ...

Crestone expands Brisbane presence

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... the firm, while Chris Mackenzie and Jason Poppi moved over in 2020. They joined from the private wealth divisions of major banks like ANZ and Westpac, as well as Perpetual. Crestone chief executive Michael Chisholm said that over the past several years ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... interest rates will remain at the record low 0.1% "until 2024 at the earliest", three of Australia's 'Big Four' banks released forecasts that are at odds with the central bank. Commonwealth Bank predicted that the RBA would lift interest ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... have a critical role to play." The union has so far written to 71 employers in the financial services sector, including banks, insurers and superannuation funds. As it stands, the FSU has received just 24 responses. Of those, just one has agreed to what ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
The Australian Transaction Reports and Analysis Centre (AUSTRAC), which has handed out record fines to the big banks, will face new scrutiny from the Senate. Labor Senator Deborah O'Neill'smotion to set up an inquiry into the agency through the Senate ...

Coolabah lists fund on Chi-X

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... returns of 1% to 2% per year over the Bloomberg Ausbond Composite Bond 0+ Yr Index. It invests in bonds issued by governments, banks, corporates, and asset-backed securities and residential mortgage-backed securities with an average target credit rating ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... 70% in 1990 to almost 185% by 2020. Some three quarters of this debt is in mortgages and 60% of debt held by Australian banks is in the form of residential mortgages, one of the highest globally and greatly exposing the banking system to potential disruption. ...