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Showing 71 - 80 of 298 results for %22Australian Banking Association%22

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... Corporation and is a former board member of the Reserve Bank of Australia and the ASX. Richard Haddock, chair of the Australian Catholic Superannuation and Retirement Fund, was appointed Officer in the General Division (AO). Recognised for distinguished ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... default superannuation and reducing long-term competition." The report confirms the overall strength and relevance of the Australian superannuation system, including the importance of compulsory contributions and universal coverage of employees, he said. ...

APRA lifts interest-only restrictions

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... institutions have been made, it will allow banks to make new interest-only loans. According to the Australian Banking Association (ABA), the move will improve the competitiveness of smaller and regional banks. "APRA's announcement today shows that ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... the key recommendations of Commissioner Hayne's final report which is due February 2019. The Australian Banking Association and many superannuation funds are already calling for a ban, and three of the four big banks have already vowed to phase them ...

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... focuses largely on adviser remuneration - an issue the association said does not require review. The Australian Banking Association chief executive Anna Bligh said the findings into the misconduct in financial services marked a "day of shame" for Australia's ...

A day of shame for Aussie banks: Bligh

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
Australian Banking Association chief executive Anna Bligh said the Royal Commission's interim report into misconduct in financial services marked a "day of shame" for Australia's banks. Holding a press conference after Commissioner Kenneth Hayne ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... affects conduct) to general remuneration arrangements within the banks seems to have been identified or considered by the Australian Securities and Investments Commission (ASIC), APRA or the banks themselves until several years after the FoFA reforms ...

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
Australian Banking Association chief executive Anna Bligh's call for mutual banks, credit unions and building societies to adopt the ABA's new banking code of practice has been labelled "gratuitous" by an industry body which says a better code of practice ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
The Australian Banking Association (ABA) believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings ...

Parents key to financial literacy legacy: FPA

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
... largely around online transactions and 'tap and go' banking. From a financial literacy perspective, the FPA said Australian parents are struggling to raise this generation, with 80% of parents financially stressed. Additionally, three in five ...