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|... customers and allows support to be directed to those who need it," Australian Banking Association chief executive Anna Bligh said. "Encouragingly, many customers have already chosen to resume making repayments." Banks will work with customers to find ...|
|... banks have agreed to not enforce business loans for non-financial breaches of loan contracts. ABA chief executive Anna Bligh said the changes will help larger small businesses come out the other side of the pandemic. "As this crisis has deepened and ...|
|... designed to combat unemployment and will apply to over $100 billion of existing small business loans. ABA chief executive Anna Bligh said that depending on customer take-up, the move could inject more than $8 billion back into the pockets of small businesses. ...|
|... financial system with banks that are well-capitalised and have strong balance sheets," he said. ABA chief executive Anna Bligh said customers should come forward for assistance as soon as possible. "Banks stand ready to support customers and if anyone ...|
|... of the changes having provisions drafted and submitted to the regulators for approval, according to chief executive Anna Bligh. Finally, the Financial Services Council welcomed the "certainty" it said the roadmap gives the industry, saying it can approach ...|
|... customers that they should feel comfortable telling their bank if they are experiencing vulnerability. ABA chief executive Anna Bligh said: "There is no doubt that the Royal Commission showed that banks need to lift their game when it comes to vulnerable ...|
|... where both banks and regulators can quickly and effectively respond to a changing environment," ABA chief executive Anna Bligh said. "While banks will continue to lend prudently, today's decision will mean all banks can offer more choice for customers ...|
|... commissions and end fees for no service across the advice industry. Earlier, the ABA's chief - former Queensland Premier Anna Bligh - said the release of the interim report marked a "day of shame" for Australia's banks.|
|... already calling for a ban, and three of the four big banks have already vowed to phase them out. ABA chief executive Anna Bligh described the removal of such payments as "another important piece in the puzzle of ensuring there are no conflicts for advisers." ...|
|... financial advisers to receive grandfathered commissions and end fees for no service across the industry, ABA chief Anna Bligh said in Sydney this morning. To this end, the ABA is seeking new legislative changes to the Future of Financial Advice (FoFA) ...|
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The Queensland-headquartered asset manager has appointed a general manager for capital solutions, and an investment director in its state investments team.
New York based ARP Investments has entered the Australian market through a partnership with Axius Partners.
A fourth person has been sentenced to four years imprisonment for their role in a syndicate that allegedly defrauded the Commonwealth of over $105 million.
The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic.
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