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| | | ... normalised cash payout ratio of approximately 70%, in line with the bank's interim target payout ratio normalised for long run loan loss rates. Now that the bank is out of wealth, its core businesses of home lending, household deposits, business lending ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ... |
| | | | Fintech Australia has appointed financial services veteran investor and long-time executive Andrew Porter as its new chief executive. Porter brings to Fintech Australia over two decades of experience in the financial services sector, having held senior ... |
| | | | ... services continue to be fit for purpose and deliver great value for super fund members," she said. The two-year initiative will run between 2022 and 2023, with MetLife acting as the life insurance partner at AIST events. The partnership will also see ... |
| | | | ... in these results is that while everyone is talking about house price rises, superannuation has actually been a better long-run investment," Rainmaker executive director of research Alex Dunnin said. The big returns seen in the share market are also a ... |
| | | | ... with a neutral risk setting. "However, we have taken some risk off, particularly in the listed equities program, given the run-up in prices and our view is that risk is likely to be less well-rewarded in future," he said. "We anticipate lower returns ... |
| | | | Cbus and Dexus have executed agreements to acquire a 33.3% interest in the Jandakot joint venture, which holds the Jandakot Airport and industrial precinct in Perth, Western Australia. Jandakot Airport is the major general aviation airport in Western ... |
| | | | ... already begun and Westpac is also seeking a buyer for its troubled superannuation business. "The intention [with Panorama] is to run a process with a view to identify the right partner for BT some time this year, so that has kicked off and Westpac has ... |
| | | | ... revised fee model removes historic subsidisation of fees and supports our target for ANZ aligned licensees to break-even on a run-rate basis by 30 June 2022. The reduction in advisers for the quarter is consistent with Insignia Financial's commitment ... |
| | | | CBRE's latest APAC Investor Intentions survey has revealed that Sydney is now the fourth most preferred destination for APAC cross-border investment. The survey, which covers all asset types, found that most investors (60%) intend to make more acquisitions ... |
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