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Showing 8021 - 8030 of 22146 results for "Tim"

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... remediation costs of $1.9 billion across the big banks for the first half of 2019. Oceania banking and capital markets leader at EY, Tim Dring said: "The growth outlook for the Australia's major banks looks increasingly uncertain, with profits down ...

Social infra to become core investment

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
High population growth, changing community needs and an ageing population will spur investment in social infrastructure. Speaking at the Property Funds Association conference, Arena REIT managing director Rob de Vos said: "An ageing population and proportionately ...

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
Older Australians, Indigenous Australians and those with a disability have reported record losses to scams in 2018, including more than $85 million to dodgy investments. Australians in total lost almost half a billion dollars to scams in 2018. However ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...

Forrests donate $655m to foundation

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Mining magnate Andrew Forrest and wife Nicola have donated $655 million to their philanthropic foundation. Minderoo Foundation now has more than $1.5 billion in total donations from the couple and has supported 280 projects globally since its 2001 inception. ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
ANZ's chief executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

Kyckr improves platform

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
Regulatory technology company Kyckr has launched a new digital platform which it expects will result in significant online portal growth. Kyckr provides Know Your Customer (KYC) products for financial services firms. These products allow companies to ...

Super, life risk face election test

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
Superannuation is in the firing line once again as Australia prepares to head to the polls, with industry stakeholders calling for greater certainty over the future of superannuation reform. Campaigning in the lead up to the Federal election has once ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
Green shoots are appearing in the Eurozone just in time for spring. Eurostat reports its preliminary estimates show the single-currency region's GDP increased by 0.4% in the March 2019 quarter - better than market expectations for a 0.3% gain - ...