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Showing 71 - 80 of 3245 results for %22Commonwealth Bank%22

Insignia bolsters executive leadership team

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... Renato Mota. Saxena joins with 20 years' experience in financial services, where he spent the last decade at the Commonwealth Bank of Australia. Prior to Insignia, he was executive general manager for operational risk for the bank's business support ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... speculation on what might happen next month or in the months to follow, however Felsman told Financial Standard the Commonwealth Bank's view is that the RBA is done at 3.85%. "Our central scenario is that we think that the Reserve Bank has peaked ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... relative debt position. At June end 2022, there was $895 billion in Australian government securities on issue by the Commonwealth government. State governments, according to Reserve Bank statistics, have about another $500 billion in bonds on issue ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... this week after the RBA sent the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking stability ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... were convinced to borrow against their homes to invest with the scheme companies. The matter was prosecuted by the Commonwealth Director of Public Prosecutions, in which Silver was set a non-parole period of two and a half years. In delivering the sentence ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... governments," he said. "And so, it wouldn't be an opportunity necessarily, at least not directly, to repair the Commonwealth budget and our priorities lie elsewhere." Chalmers explained a "modest" but "meaningful" change to superannuation tax breaks ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
... worked as a senior economist before being promoted to the role of Oliver's deputy. She began her career at Commonwealth Bank in 2011 as an institutional banking and markets graduate, gaining the title of economist two years later. Commenting on the ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate the RBA to hold steady. Likewise, according to the latest Finder RBA cash rate survey, just over half ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
The Commonwealth Director of Public Prosecutions (CDPP) has withdrawn its fraud charges against former Octaviar Investment director David Mark Anderson, citing his ill health. Anderson had been facing 27 charges of fraud, including allegations that ...