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Showing 731 - 740 of 5944 results for "Banks"

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... ownership of rental housing, not evidence of widespread excessive leverage," it said. "Household borrowing is a large share of banks' assets and so is important for their performance, but overall high lending standards, low loan-to-valuation ratios and ...

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... accounting data and automates many of the manual processes typically involved in invoice financing, allowing a range of banks and fintechs to more easily lend to small businesses. The total potential purchase price of the business is $80 million. While ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... the board, with many companies paying higher dividends than expected," Price said. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVID-19's impact was clearer. At July end, it relaxed dividend ...

Morgan Stanley duo establishes advice boutique

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Two former Morgan Stanley financial advisers have started a new private wealth firm focused on HNW and UHNW clients. Craig Emanuel and Tim Whybourne have worked together for 10 years, at UBS and more recently, Morgan Stanley Private Wealth Management. ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... but most companies moved quickly when the markets seized up this time around," she said. The moves of the world's central banks have also helped to buoy global real estate companies. "As the markets began the sharp sell-off in late February, many listed ...

Several promoted at Yarra Capital

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... deputy portfolio manager of Yarra's Ex-20 Australian equities capability. Waller has been responsible for research of banks, diversified financials & insurance, infrastructure and utilities securities within the Australian equities team. He has 13 ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... capital strength and updated regulatory guidance. The decision to pay a dividend means Westpac is the only of the big four banks to opt against a dividend this reporting round. ANZ's interim dividend represents 46% of the banks 1H20 statutory profit ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... dealer group, representing 50 to 100 advisers. "If a dealer group gets too big it becomes a numerical exercise like the banks. We don't want to get any bigger," Alexander said. "It means we can provide a level of service to the adviser that the adviser ...