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Showing 861 - 870 of 4380 results for "Commonwealth"

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... baseline scenario inflation is 1 to 11/2 per cent in 2021 and gradually picks up further from there." The drop in the Commonwealth Bank Composite PMI for Australia (that was released on the same day as the RBA's Board meeting) to a record low of ...

Westpac to review business units

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
... today, Westpac said it is establishing a new specialist businesses division, appointing former chief executive of Commonwealth Bank's NewCo Jason Yetton to lead the unit, effective May 18. In determining immediate priorities, Westpac chief executive ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... 16.4% of annual GDP. Australia should take advantage of historically low interest rate levels, they said, with the Commonwealth government able to issue 10 year bonds at an annual cash rate well below 1%. "This means that even $1 trillion of extra spending ...

CBA sells CommSec Adviser Services

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
The Commonwealth Bank has entered into an agreement to sell AUSIEX, which trades as CommSec Adviser Services, to a Japanese firm. Nomura Research Institute, a Japanese technology solutions and business consulting firm, has entered into an $85 million ...

University of Sydney scores win at CFA competition

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... Management's Michael Toh, won the Global Champion award at the annual CFA Institute Research Challenge for their research on Commonwealth Bank. Jassis Chen, Jessica Wu, Sahil Arora, Tom Luo and Jeffrey Brown defended their analysis of CBA to a panel ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
... about 18.5% over 20 years." This is mostly thanks to global biotechnology company CSL, which recently unseated the Commonwealth Bank as Australia's largest company by market cap. "Because of its size (CSL represents about 70% of the S&P/ASX 200 healthcare ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... decision in Federal Court on the grounds that: AFCA in the case had impermissibly exercised the judicial power of the Commonwealth, and that AFCA's decision had involved an error of law if it was authorised to make the decision. The court, last Thursday ...

CBA appoints chief economist

ALLY SELBY  |  TUESDAY, 7 APR 2020
Commonwealth Bank has appointed a new chief economist, set to take on the new role in addition to his responsibilities as the bank's head of global economic and markets research. Stephen Halmarick nabbed the new role this week, having been with ...

Count Financial bolsters leadership team

ALLY SELBY  |  MONDAY, 6 APR 2020
... secretary of the Institute of Internal Auditors. Countplus sold its financial advisory business Count Financial to the Commonwealth Bank in 2011 for $373 million. It acquired the business back from the bank late last year for just $2.5 million and has ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... liabilities. Bulk of people who lose their jobs are across retail, hospitality and accommodation and wouldn't be commonwealth employees," he said. "Even if you run that [debt] through Future Fund and don't have to issue as many bonds, you still ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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