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Showing 51 - 60 of 392 results for auto general

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... releasing its full year 2020 results on November 2. Goodwill and intangibles associated with Westpac Life Insurance Service, auto finance business and software write downs totalled $568 million after tax. Westpac increased its liabilities related to ...

AMP Capital bets on AI

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
AMP Capital has announced it will roll out energy saving artificial intelligence (AI) technology to regulate building comfort and energy use automatically. The AI system will work to reflect changes in outside temperature and occupancy of the building ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
The Morrison government has handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation. As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... opportunities while keeping the regulators happy," he said. Vassiliev's appointment follows Milena Malev's promotion to general manager of financial services and insurance Australasia where she her focus is across financial services, insurance, consultancy ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... who was appointed earlier in the year to review and ready the bank's superannuation, platforms, investments, insurance, auto finance and Westpac Pacific businesses for sales, demergers and spin-offs - said the sale would help simplify the bank's ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... any economy. Just like John Maynard Keynes' Paradox of Thrift, savings by individuals during recessions lead to a general decline in aggregate demand and therefore, even slower overall economic growth - deflation has nasty consequences for the economy. ...

Regtech adds to advisory board

ALLY SELBY  |  MONDAY, 13 JUL 2020
... Leibler. He is currently an advisory board member at asset digitisation marketplace Skand, and a committee member of the general advisory standing committee for.au domain administration. He will provide advice to the Asendium team on issues relating ...

Suncorp nabs business, private banking executive

ALLY SELBY  |  MONDAY, 15 JUN 2020
... he most recently served as the group executive of business and private banking. Prior to this he worked as an executive general manager of local business banking, formerly serving as the chief information officer for CBA's retail and business banking ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
Australian financial firms are struggling to keep up with the pace of technological change, with two thirds of executives revealing that risks are emerging more rapidly than ever before. More than 70 Australian senior risk executives from the major ...

Industry fund appoints administrator

HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
... into Australia's leading digital super fund - delivering digital-led solutions to our members," Guild Trustee Services general manager Greg Everett said. "We are pleased to announce the selection of Iress as our key technology partner to drive this business ...