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

Search Results

Showing 51 - 60 of 293 results for %22Business Performance Review%22

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... a fast recovery." Harker's departure comes after Westpac recently appointed Catherine McGrath to lead its New Zealand business following its commitment to retain the division. In March, the bank flagged that it was in early stages of reviewing Westpac ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... the lowest possible price." CFS is in the process of establishing itself as a standalone superannuation and investments business following the sale of a 55% stake to global private equity giant KKR, which is expected to be completed in the coming months. ...

BT appoints chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 15 SEP 2021
... will commence in the role in October. A key responsibility for Rady will be ensuring the continued performance of the business while Westpac continues with its strategic review of specialist businesses. Westpac Group chief executive, specialist businesses ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
... consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... TWUSUPER and Toyota Super were removed from the sub-sample of underperforming funds.) For example, Suncorp sold its super business to LGIAsuper and Maritime Super has outsourced its investment function to Hostplus. Toyota Super will also fold into Equipsuper. ...

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
... decision making by articulating long-term emission reductions targets, and investment in technologies aimed at decarbonising business operations," Davidson said. "Embedding pathways to net zero in long-term corporate planning will help close the gap ...

APRA expands life insurance data reporting

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... and efficiency, support competition, and facilitate innovative uses of the data. APRA's reports will show the class of business and product group data to be non-confidential. By informing the public in publishing more data, APRA said this will generate ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ...

Netwealth launches mobile app

ANNABELLE DICKSON  |  THURSDAY, 22 JUL 2021
... financial adviser clients in a bid to improve client engagement. The app allows clients to view overall portfolio performance and asset allocation across their entire portfolio. Aside from simple charts outlining performance, clients can also use advanced ...

Praemium to sell international business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
Following a strategic review, Praemium is proposing to sell its international business despite record performance. The platform provider has confirmed it plans to sell its international business, despite its strong performance in recent times. The strategic ...