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Showing 661 - 670 of 1786 results for "strength."

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
Former Queensland premier Anna Bligh will replace Steven Munchenberg as chief executive of the Australian Bankers Association, a role which will require her to weather the storm of a possible Royal Commission into the major banks. In a statement Bligh ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
"Beware the ides of March". This quote had always been imbued with a sense of foreboding because this day marked the assassination of Julius Caesar back in 44 BC. It shouldn't be for the "ides" was just the fancy way Romans termed the 15th day of March ...

IOOF profits slide across all key businesses

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
IOOF reported declining profits across all key segments in 1H17, contributing to an overall 45% slide in statutory profit down to $74 million. The group's platform management and administration business took the biggest hit to underlying profit, falling ...

TCorp unveils new leadership team

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
TCorp confirmed its new executive lineup, following news yesterday of Stewart Brentnall's appointment as chief investment officer. In addition to Brentnall, TCorp has also welcomed Paul Verschuer as its new general manager, financial markets; formerly ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
Capital standards should be set so that the capital ratios of deposit takers are unquestionably strong, according to ARPA chairman Wayne Byres. Speaking at the A50 Australian Economic Forum in Sydney on Friday, Byres outlined the APRA's agenda for 2017 ...

RBNZ on steady

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
Central bankers have been singing the same tune, at least so far this year. The Reserve Bank of New Zealand (RBNZ) joined its counterparts in Japan, the US, the UK and Australia in keeping current monetary policy settings steady while at the same time ...

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
ME Bank recently welcomed a new addition to its board. Industry veteran John Nesbitt joined ME Bank as a director, having finished up as chief executive of Suncorp Banking and Wealth in September last year. Nesbitt brings more than 35 years' experience ...

Low prices inflate RBA rate cut chances

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
Australians, all, should we rejoice? A day before we celebrated Australia Day, the Australian Bureau of Statistics (ABS) released its latest update on the country's inflation. Overall consumer prices rose by 0.5% in the December quarter, easing from ...

From strength to strength

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
It may be difficult to swallow latest survey data but President Trump's reflationary agenda has brought out the animal - animal spirits that is - among US manufacturers. This is the indication from the just-released Markit Flash US Manufacturing PMI. ...

Investors must look further than US: J.P. Morgan

EMMA RAPAPORT  |  WEDNESDAY, 11 JAN 2017
The coming year will see economic momentum build in the US, but investors should not rely solely on US assets according to J.P. Morgan global market strategist Kerry Craig. Speaking at a media roundtable yesterday, Craig advised that investors should ...