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Showing 771 - 780 of 17942 results for "Bank"

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... It is the fact that he's got a retail and wholesale banking experience; the fact that he's actually been involved in bank integrations and migrations, which are very important to our success moving forward. "We've found an external candidate who ...

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
The global economy stares down "unprecedented challenges" in 2025, according to Frontier Advisors' annual secular outlook, which forecasts rising risks from unsustainable debt, geopolitical rifts, and climate inaction. The report said after spiking ...

Nuveen raises over $400m for real estate debt strategy

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
Nuveen has closed its first commingled Australian commercial real estate debt strategy with investments of over $400 million from the Teachers Insurance and Annuity Association of America (TIAA) and Temasek. The strategy, leveraging Nuveen Real Estate's ...

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... 20 times, but it's not cheap." Oliver added that uncertainty remains around how much the US Federal Reserve, the Reserve Bank of Australia (RBA) and some other central banks will cut rates as core inflation is still not at target. "The risk of recession ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... consecutive quarter of negative per-capita GDP growth print. Ideally, this data at the very least should help the Reserve Bank of Australia (RBA) make a dovish pivot, but our hopes are slim on the bank's firm hawkish leanings. Keeping policy restrictive ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... Oster, who will finish at NAB at the end of March 2025, joined NAB in 1992 and built a respected economics function, the bank said. NAB group chief financial officer Nathan Goonan said Oster's contributions over the past three decades has been invaluable. ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Equity Trustees Asset Management's head of asset management Darren Thompson has warned that ASX200 FY25 market earnings and dividends are expected to be flat or down compared to FY24. He added that high yielding, major resource companies - such as BHP ...