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| | | BOQ chief executive Stuart Grimshaw will depart the bank at the end of August to pursue a non-banking opportunity outside Australia. Chief operating officer Jon Sutton will take over as acting chief executive from 1 September 2014. The Board is currently ... |
| | | | ... quarter while the Westpac/Melbourne Institute's Survey of Consumer Sentiment is also due out. In equities news, Commonwealth Bank of Australia, CSL, Suncorp Group, Echo Entertainment, Goodman Fielder, Primary Health Care, Nick Scali, Carsales.com and ... |
| | | | ... with the proportion using a Westpac platform the most for new inflows remaining steady at 25% as of May 2014. Commonwealth Bank followed closely, with 19% of primary relationships. On an individual platform level, BT Wrap and CFS FirstChoice are still ... |
| | | | ... Westpac was up 25 cents at $33.22, ANZ had lifted 29 cents to $32.73, NAB had picked up 27 cents to $34.19 and Commonwealth Bank had risen 66 cents to $81.07. Meanwhile, supermarket giant Woolworths was weaker after announcing bigger-than-expected losses ... |
| | | | ... inflation steadied at an annual rate of 2.3% in July from June - in line with market expectations and well below the People's Bank of China's (PBOC) target of 3.5%. This would give the Chinese central bank plenty of scope to ease monetary policy if necessary ... |
| | | | ... September share price index futures contract was down 23 points at 5,426. Locally, in economic news on Friday, the Reserve Bank of Australia releases its Statement on Monetary Policy and the Australian Bureau of Statistics releases June housing finance ... |
| | | | ... managed by MAAM, which is owned by Moelis Australia Group and part of NYSE-listed, leading global independent investment bank Moelis & Company. The GWP Offer is due to open on Thursday 21 August 2014 and close at 5:00pm (AEST) on Monday 15 September ... |
| | | | Jeff Carmichael's Promontory Financial Group has been appointed independent expert for the Commonwealth Bank's (CBA) Open Advice Review program. The appointment follows a series of announcements made ahead of the company results, which will be released ... |
| | | | ... crucial with 22 per cent of the market's index weight reporting - with the effect significantly more given the Commonwealth Bank's results later in the week would affect the other banks. "The chances are we could probably see this market 1-2 per cent ... |
| | | | The next big wave of advice will come from a business model that is gaining traction overseas, but is yet to be fully embraced in Australia. For the early adopters, it could be the foundation of a sustainable and exciting growth for their practices. ... |
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