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Showing 61 - 70 of 2774 results for %22Commonwealth Bank of Australia%22

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... relative debt position. At June end 2022, there was $895 billion in Australian government securities on issue by the Commonwealth government. State governments, according to Reserve Bank statistics, have about another $500 billion in bonds on issue ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... this week after the RBA sent the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking stability ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... governments," he said. "And so, it wouldn't be an opportunity necessarily, at least not directly, to repair the Commonwealth budget and our priorities lie elsewhere." Chalmers explained a "modest" but "meaningful" change to superannuation tax breaks ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate the RBA to hold steady. Likewise, according to the latest Finder RBA cash rate survey, just over half ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... will require the Workplace Gender Equality Agency (WGEA) to publish employer gender pay gaps for private sector and Commonwealth public sector employers, impacting around 40% of firms. In response, WGEA chief executive Mary Wooldridge acknowledged the ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, and Westpa ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... was executive director, head of distribution and sales, equities and retail markets at Westpac, and worked at Commonwealth Bank and HSBC. Keary said during his time as chief executive he "helped build a strong digital advice brand and prospect pipeline ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... certainly can't lean into the banking issues offshore given US and European central banks have hiked this week," Commonwealth Bank head of Australian economics and market research Gareth Aird told Financial Standard. "The RBA was willing to pause prior ...

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... in funds under management and gained a further 200,000 members. ART is also currently exploring mergers with Commonwealth Bank Group Super, AvSuper, and Woolworths Group. It also recently confirmed to Financial Standard that it is taking on the members ...