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Showing 81 - 90 of 468 results for "Wayne"

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... superfunds are using the appropriate accounting standards to give valuations," he said. Leigh pushed ahead and asked APRA chair Wayne Byres to articulate APRA's position and if the regulator is willing to investigate further. Byres explained: "We do ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... recognising the strength of the financial system, while at the same time acknowledging the difficult path ahead," APRA chair Wayne Byres said. "Although the environment remains one of heightened risk, we now have a stronger sense of how Australia's ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... arrangements after a thorough credit assessment of the borrower to ascertain if an extension is appropriate. APRA chair Wayne Byres said the extension would allow Australia's banks to continue to support borrowers through the crisis. "These measures ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... intervention policies. The coronavirus pandemic has freed the Morrison government - or any government of the day since Treasurer Wayne Swan - from the promise of achieving that ever-elusive Budget SURPLUS. It has given it license to go forth and spend ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... of luck. The coronavirus pandemic has freed the Morrison government - or any government of the day since former Treasurer Wayne Swan - from the promise of achieving that ever-elusive Budget SURPLUS. The coronavirus has given the government of the day ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... advice to the government about the need for the Reserve Bank to provide liquidity assistance to super funds. APRA chair Wayne Byres said the issue was raised at the Council of Financial Regulators - which includes ASIC and the RBA - in the "early days" ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing ...

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Reserve Bank of Australia governor Philip Lowe and APRA chair Wayne Byres have called on the big banks to support the Australian COVID-19 recovery, rather than their shareholders. Speaking during a FINSIA webinar, Lowe said over the past decade APRA ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... impact of the pandemic on corporate earnings still relatively in the dark, Medallion Financial managing director Michael Wayne said markets are not cheap. "With a forward PE ratio of approximately 15.5x these valuations are much higher than during the ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... the decision together after a joint recommendation between MTAA chief executive Leeanne Turner and Tasplan chief executive Wayne Davy to the chairs of both boards. They said sustained market volatility and concerns about supplies of specialist services ...