Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 631 - 640 of 3697 results for "Though"

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

APRA, ASIC publish life claims and disputes data

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... in the premium charged, the claims payments for these products were generally a lower percentage of the premium income. Though APRA urged caution about the use of the claims paid ratio as a measure of consumer value or product profitability. The report ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
... Dexus noted the ongoing speculation about a deal with AMP's Australian real estate and infrastructure equity businesses. Though the company stopped short of providing any certainty that an acquisition will eventuate. Dexus only revealed that it regularly ...

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
Cbus has honoured a figure central to its creation, and the creation of superannuation in general, Tom McDonald. Cbus chair Wayne Swan said McDonald leaves a unique legacy of nation changing economic reform. "Tom's leadership was key to the creation ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Funds management boutique Firetrail Investments has highlighted soaring cocoa commodity prices this Easter break via its chocolate index. Firetrail's global chocolate index has shown that select cocoa related commodities have risen 32% since the start ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... associated with war-fuelled energy prices has compounded inflationary pressures already affecting the whole world." "Even though inflation is much less of a problem in Australia than in other developed economies at the moment, it is the bogey man stalking ...

Parliamentary committee hears KPMG assumed 'conflicting engagements knowingly'

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
... February 2022, KPMG conceded that: "In respect to TAHE we accept we haven't got everything right and we're sorry for that." Though the company also stated: "We stand by our independent and objective advice to the NSW government on TAHE matters and have ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... weren't liable to pay. The group also acknowledged it had failed to comply with financial services laws under the ASIC Act. Though of note, Westpac has not sold any consumer credit insurance products since 2019.

Boys' clubs cost companies: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
A new study from Realindex has revealed that higher female executive participation improves company performance, while creating potential returns for investors. Based on a global data set of 2500 large cap companies in 30 countries, tracking performance ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... 0.6 points last week to 5.8%, as petrol prices dropped sharply." "We think this explains much of the lift in sentiment, though the focus on relieving cost of living pressures in the Federal Budget may have also played a part. "The fall in petrol prices ...