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Showing 7281 - 7290 of 17960 results for "Bank"

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
The Australian Bankers' Association (ABA) said that the government's proposal to implement a user pays funding model for the corporate regulator would increase "the cost burden on the Australian financial services industry." The ABA urged caution in ...

NAB exec to head AMP Bank

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
National Australia Bank (NAB) chief financial officer of business and personal banking has been appointed managing director of AMP Bank. Sally Bruce will report to AMP group executive of advice and banking Rob Caprioli and will be responsible for all ...

Crowd equity funding, the Ashley Madison of finance

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
If Ashley Madison users made adultery cheaper and easier, what's holding crowd equity funding from doing the same with financial services? The Centre for International Finance and Regulation (CIFR) has recommended that crowd equity funding should be ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... translate into higher actual capex? And yes, as night follows day... bad news is again followed by calls for the Reserve Bank to cut interest rates one more time. Don't know about you but with interest rates at record low, businesses should be falling ...

Countplus profit hit by end of loyalty payments

MARK SMITH  |  THURSDAY, 27 AUG 2015
Countplus has seen its after-tax profit fall 12.2% as loyalty payments paid by Commonwealth Bank ended. Net financial planning revenue was down 15.9% due to payments to 16 member firm franchisees expiring. Excluding the impact of these payments and ...

Australians are hardly retirement ready

DARREN SNYDER  |  THURSDAY, 27 AUG 2015
... Australians on the verge of retirement are least likely to be retirement ready according to new analysis from Commonwealth Bank. Reviewing the data of more than 12 million Australian superannuation accounts as at 30 June 2014, CommBank and Rice Warner ...

The man with the golden jawbone

BENJAMIN ONG  |  THURSDAY, 27 AUG 2015
... announcement -- 25bp cut in interest rates and 50bp reduction in banks' reserve requirements. 'twas Bill -- New York Fed Bank president and FOMC vice-chairman William Dudley - and his jawbone that did it. "From my perspective, at this moment, the decision ...

Asia: Between fortune and fate

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... the amount of business they do in Asia. Some examples are CFL, which produces vaccines; healthcare company Cochlear or ANZ Bank. To James, the key is to pick the right companies. Even as investors grow weary of a Chinese construction bubble, he says ...

It's the Fed, stupid

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2015
... recent tally puts the odds of a September lift down to around 25% -- they were 50/50 just a few weeks ago - and Barclay's Bank (am sure it's not the only one) has even pushed lift-off further to March 2016. But others, like me (but with more impressive ...

Four pillars policy is killing innovation: research

LAURA MILLAN  |  TUESDAY, 25 AUG 2015
Australia's four pillars policy has had its time and it needs to go because it is hindering innovation and leading to poor consumer outcomes, the Centre for International Finance and Regulation (CIFR) found. The research report 'Competition in financial ...