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Showing 671 - 680 of 4301 results for "Bank of"

Former QIC executive joins Qualitas

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... recently named as a board member of Equity Trustees. She is currently a non-executive director on the boards of the Reserve Bank of Australia her family office Trawalla Group.

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... Fidelity International. Fidelity International cross asset investment specialist Anthony Doyle said while the Reserve Bank of Australia appears to have successfully incentivised Australians to borrow and spend - with the housing market, in Sydney especially ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... There's still a lot of consumer spending coming before savings return to its 30-year average of 5.1% Of course, as Reserve Bank of Australia (RBA) governor Philip Lowe warned in his statement following the conclusion of the bank's March 2 meeting ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... over the economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia (RBA). In its March 2 meeting, where it kept policy unchanged, the Australian central bank declared that: "The outlook ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... Bank's (ECB) also fighting back, announcing that it would intervene to short-circuit rising bond yields. So has the Bank of Japan (BOJ) and the Bank of Korea (BOK). BOJ governor Haruhiko Kuroda told Japan's parliament: "The BOJ has no intention ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
It's only been only two weeks since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... September 2020 - while about 520,000 companies have stopped receiving the payments as their trade recovers." Even Reserve Bank of Australia boss Philip Lowe has given his nod to not keeping JobKeeper: "Given the recovery of the economy, I can understand ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... non-compliance. This disconnect between the real economy and stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop and Reddit, the BOJ is the bigger player that's gaming the system. ...