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

Search Results

Showing 51 - 60 of 935 results for "Sound"

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
NAB chief economist Sally Auld said the Reserve Bank of Australia (RBA) may deliver a 50bps interest rate cut when it meets again in May. Auld said headwinds from the global environment have intensified, but conceded large amounts of uncertainty remain. ...

Tariff impact on super 'profoundly worrying'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... more than a century ago when the US was so tariffed-and that is effectively a declaration of an economic war. That might sound melodramatic, but that's the way I think others are interpreting it, and so am I," Pearce said. "Why is this translating into ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... for the possibility of a serious prudential problem crystallising at ANZ before taking action. "ANZ remains financially sound with robust levels of capital and liquidity, however problems with the bank's management of non-financial risks are persistent ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... were mostly saved rather than mostly spent. But banking on revenue to surpass Treasury's forecast does not make for a sound fiscal strategy," report read. Deloitte Access Economics partner and report co-author Cathryn Lee commented: "Unfortunately ...

UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will no longer introduce new diversity and inclusion rules for financial services organisations, claiming they wish to "avoid additional burdens on firms at this time." ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... experience, and character." APRA chair John Lonsdale said effective governance is fundamental to financial stability and sound risk management, adding that the boards of banks, insurers and superannuation trustees shoulder "enormous responsibilities" ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... long term. "Markets move in cycles and we are now reaching a turning point for real asset owners. Longer-term trends remain sound with demand underpinned by strong population growth." The turnaround in performance follows a tough year for Dexus. In August ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... there was "insufficient information available to Deloitte to conclude whether the expenditure decisions were made for the sound and prudent management of the trustee's business operations and achieved intended purpose and stated benefit." In releasing ...