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Showing 51 - 60 of 3406 results for %22Will Banks%22

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... issues happening, and they've just kind of put this situation in that bucket," he said. Looking ahead, Dhar believes Brent will settle in Q4 between US$90 to US$100 a barrel. "What has changed is just the probability of prices potentially breaching ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... to support their operations or service debts. Going forward, a decline in demand associated with a slowdown in the economy will remain a key risk for business profitability and debt servicing. Businesses that are exposed to discretionary consumer spending ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... yet to reach a final agreement with Australian Retirement Trust (ART), Commonwealth Bank Group Super has told members they will transfer to the industry fund next month. In February, CBA Group Super announced it was exploring a merger with ART, before ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... Bobbob and its sole director Byron Goldberg regarding the representations. The undertakings include that Bobbob and Goldberg will each cease to be an authorised representative of Sanlam Private Wealth, the AFSL which authorised Bobbob to offer the product. ...

EQT launches new wholesale fund down under

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... early-stage investing across the globe, with a focus on EQT's flagship private equity and infrastructure strategies. It will also co-invest in companies alongside EQT's funds. Following its successful launch in the Nordics in May, Australia is ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... aware of and fix in a timely manner. It should not have taken ANZ several years to address this issue," Court said. "ASIC will continue to take action against banks who fail in their duty to act efficiently, honestly and fairly in dealings with customers." ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... market at a time when investors are seeking capital stability in a period of significant equity market volatility. Each ETF will be a portfolio of Australian government and semi-government bonds. The Australian government and its state and territories' ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... objective - they are not going to suddenly drop rates because inflation is coming down like they did in the 70s," he said. "They will choose to err on the side of caution. That means we're going to see an environment where rates are going to be higher ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... written submissions, APRA intends to engage in industry discussions later this year and said after it considers feedback it will consult on any proposed changes to prudential standards or guidance by 2024.