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Showing 761 - 770 of 4379 results for "Commonwealth"

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's long-term financial position and noted since inception it has earned over $102 billion for the Commonwealth government. "In ...

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... and partnering with other financial institutions to provide equity funding. The major banks on board including ANZ, Commonwealth Bank, NAB, and Westpac have also each committed $100 million to the fund. The Australian Business Growth Fund will have an ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... was reflected by the government last night. Additionally, fiscal deficits are expected to grow for both state and Commonwealth governments as a result of the discretionary fiscal measures and economic contraction. "Fitch forecasts Australia's gross general ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... increasing levels of climate risk, it's also undermining our chances of keeping the climate crisis under control." Commonwealth Bank came out unscathed allowing room for an ongoing shareholder resolution regarding climate policy. On the other hand, Market ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... level," Rainmaker said. On the equities front, super funds' top holdings are remarkably consistent, with CSL, Commonwealth Bank, NAB, Westpac, BHP Group, Macquarie, ANZ, Woolworths, Rio Tinto and Telstra appearing among the top 10 holdings of almost ...

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... commercialisation initiative to improve compliance ($11.4m); Adoption of electronic invoicing by 1 July 2022 for all Commonwealth government agencies ($3.6m); and Improvement of digital skills to help connect workers and small and medium-sized businesses ...

Superhero nabs new recruits

ALLY SELBY  |  FRIDAY, 2 OCT 2020
Newly launched online trading platform Superhero has nabbed two new recruits, including a former Commonwealth Bank executive and Shaw and Partners manager, as sign ups and activity across the low-cost platform soar. Superhero co-founder and chief executive ...

Clime names new chair

ANNABELLE DICKSON  |  FRIDAY, 2 OCT 2020
... previously chief executive of Souls Funds Management and Wilson HTM Investment Group. He also held senior positions at Commonwealth Bank and Citibank. Donald McLay was chair for over five years and remains chair of Credit Corp Group and Registry Direct. ...

Challenger loses chief financial officer

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... Prior to joining Challenger, Tobin was general manager, finance for the premium business services division of the Commonwealth Bank and chief financial officer at MLC in Hong Kong. Challenger chief executive Richard Howes thanked Tobin for his time with ...