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Showing 951 - 960 of 4303 results for "Bank of"

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
Suncorp was named Bank of the Year at last night's Money Consumer Finance Awards. The 15th annual Money magazine Consumer Finance Awards were held in Sydney last night, recognising the best in banking and insurance. The awards aim to help Australians ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... has dropped from a record low of 1.5% to a deeper low of just 1%. I guess governor Lowe didn't receive the memo from Bank of International Settlements (BIS) - the world's central bank of central banks - chief Agustin Carstens that delivered a ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... Exchange-listed Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale, UBS AG, Credit Suisse AG and Royal Bank of Canada are some examples of foreign banks that operate as ADIs in Australia. Deposit-taking activities are limited ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
... discussions about the host country, Japan. Like all other nations on this planet, Japan has skin in the game. More so, after the Bank of Japan (BOJ) nominated "the consequences of protectionist moves and their effects" as one of the major risks to its ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... from the weaker property market - allowing the Morrison Government to expand fiscal stimulus in tandem with the Reserve Bank of Australia, if necessary.

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... Zealand has seen former New Zealand Prime Minister John Key come under fire over governance issues at the bank. The Reserve Bank of New Zealand (RBNZ) is requesting assurance from ANZ that it is operating in a prudential manner in New Zealand by way ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... continued expansion in new orders presages improving activity going forward. This is consistent with the Commonwealth Bank of Australia (CBA) PMI survey. The flash estimate of the CBA composite PMI index rose from a reading of 51.5 in May to 53.1 in ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...