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| | | The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ... |
| | | | ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ... |
| | | | ... decisively said that he would not resign if asked to leave by Trump, after the incoming President criticised the central bank chair for raising interest rates. Principal Asset Management chief global strategist Seema Shah said it was unsurprising Powell ... |
| | | | ... finance director at NAB for some seven years. Finlayson has taken on the role of senior relationship manager. She joins from Bank of Queensland, where she was most recently its head of property finance. Meanwhile, the Gold Coast team will be led by Chris ... |
| | | | National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ... |
| | | | Donald Trump secured a decisive victory in the presidential election, sending US markets soaring overnight as investors anticipate lower taxes. However, concerns remain over trade tariffs and the impacts on inflation. Principal Asset Management chief ... |
| | | | ... in their own currency such as the US. Thus, in Magellan's view, the most likely outcome is money printing, or central bank financing of budget deficits in more technical terms, resulting in a period of structurally higher inflation." Magellan managed ... |
| | | | The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at the November meeting, with the board indicating there are no plans for that to change anytime soon. "Headline inflation has fallen, but underlying inflation is still too high. ... |
| | | | Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit ... |
| | | | ... before moving to London to work in various fixed income roles at Mondrian Investment Partners, Abbey National and Deutsche Bank. Upon returning to Australia, he worked within the fixed income team of National Australia Bank until landing at Morningstar. ... |
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