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Showing 851 - 860 of 4381 results for "Commonwealth"

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
A former Commonwealth Bank executive has nabbed a new chief executive role, following an extensive national recruitment process. The Insurance Council of Australia has announced the appointment of Andrew Hall as chief executive and executive director ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... April 2019." That's the household side of the equation. Businesses are also none too enthusiastic. The latest Commonwealth Bank Flash Composite PMI survey for May indicated continued decline in business activity despite gradual easing of social restrictions ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... shape, to thrive through the next decade." "Proactively respond rather than react." Belinda Allen, senior economist at Commonwealth Bank, said housing and business investment in likely to remain weak for a while longer. "Generally business investment ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo and Adelaide Bank, Citigroup, Commonwealth Bank, Credit Union Australia, Latitude Finance Australia, NAB, Suncorp-Metway and Westpac. ASIC deputy chair Karen Chester ...

Adviser guilty of misuse of client money

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... noted Dick had shown cooperation with its investigation and early guilty plea. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions. The news comes days after the regulator banned three other financial advisers from Adelaide ...

Processes are the problem, not people: Count Financial

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
... attributed to process issues not people, according to Count Financial. Countplus acquired the Count Financial from the Commonwealth Bank late last year for just $2.5 million and has since been working to transform Count Financial into a more profitable ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

Industry fund reshuffles leadership

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAY 2020
... Mine Super as chief strategy officer in 2016. Prior to joining the fund, Nair held executive management roles at the Commonwealth Bank and Westpac. Jason Theng will step into the chief risk officer role now, being promoted from his position as executive ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... applications require additional processing, APRA said. The funds that received the lowest number of applications are Commonwealth Superannuation Corporation (8), Fire and Emergency Services Superannuation Fund (11) and Mason Stevens Super (6). APRA deputy ...

AFSL pleads guilty to mishandling client money

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... additional licence conditions imposed by ASIC on the PSAL AFS licence. "We have fully cooperated with ASIC and the Commonwealth Department of Public Prosecutions in their inquiries, and we take full responsibility for these unintentional breaches of ...