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Showing 81 - 90 of 422 results for "NZ Bank"

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

Promises promises and broken promises

BENJAMIN ONG  |  WEDNESDAY, 7 MAY 2014
Were you not as surprised as I was? I bet you weren't Virginia, not even your uncle and his dog, when the Reserve Bank of Australia (RBA) announced that it was doing nothing - it left the official cash rate steady at 2.5%. While the RBA mostly stuck ...

Federation platform adds Pengana Aussie Equities Fund

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
Federation Managed Accounts Platform has added the Pengana Australian Equities Fund to its offering, available for advisers and their clients. The fund has a focus on capital preservation and downside protection and has generated a return of 13.2% per ...

ING Direct to target advisers with new model

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
ING Direct is reinforcing its third party distribution team to market the bank's products to financial advisers. The bank has appointed Charles Smith to the newly-created role of key account manager for Wealth, a position that falls under the umbrella ...

Market Wrap

AAP  |  TUESDAY, 29 OCT 2013
The Australian market has opened lower following a run of gains, an absence of more positive drivers and flat offshore leads overnight. The ASX is up 5.81 per cent in the last 14 days since the recent US debt ceiling agreement, and has been trading ...

Independent providers fail at cross-selling banking products

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
AMP and industry funds are the major providers of superannuation for consumers and businesses, but they have had very little success at selling banking products to their customers. Only 1.6% of industry fund personal members deal with ME Bank and only ...

Fake press release activist faces 10 years in jail

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
An environmental activist who issued a fake ANZ Bank press release and caused a crash in Whitehaven Coal's share price faces 10 years in prison. On 7 January 2013, Jonathan Moylan sent out a false media release which said ANZ Bank had pulled its $1.2 ...

Aust shares open more than 1pc higher

AAP  |  FRIDAY, 14 JUN 2013
The Australian market has opened stronger, raising hopes of an end to the sharp slide in shares in recent weeks. The ASX 200's one per cent-plus rise at the open follows similar gains on Wall Street overnight, following positive retail and unemployment ...

Market Wrap PM

AAP  |  WEDNESDAY, 29 MAY 2013
Australian stocks were marginally weaker at noon as a fall in the Australian dollar encourages investors to sell banking shares. CMC Markets chief market analyst Ric Spooner said offshore selling of high-yielding stocks continued as the Australian dollar ...

ANZ grows adviser base

MARK SMITH  |  TUESDAY, 30 APR 2013
ANZ Bank grew its adviser base by 9% in the first half of 2013 in what was a strong result for the group's wealth division. The division also saw productivity in Australia boosted by a 21% increase in risk sales per adviser and a 6% increase in investment ...