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Showing 1 - 10 of 418 results for "Big four banks"

Federation AM acquires Homesafe

ELIZA BAVIN  |  MONDAY, 15 JUL 2024
... established in 2005 by Peter Szabo and is the provider of Homesafe Wealth Release. Federation teamed up with one of the big four banks to fund the future growth of Homesafe to provide Australians with debt-free equity release solutions. "Our acquisition ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... ASX. This ETF offers exposure to a portfolio of Tier 2 floating rate subordinated bonds issued by the Australian big four banks. To be eligible for inclusion in BSUB, bonds must have amounts outstanding of at least $500 million and a remaining maximum ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... to give inflation any more leeway over summer for it to turn into something bigger than a blip," she said. The big four banks typically take 10 to 14 days to charge variable borrowers higher rates and give customers between two to three months' notice ...

Hostplus-backed redevelopment secures $295m from ANZ

JAMIE WILLIAMSON  |  THURSDAY, 19 OCT 2023
... projects and the right developers, build-to-sell is still a development strategy that will secure the support of the big four banks," he said. "ANZ's collaborative approach and innovative thinking has added a lot of value to the project to date and we ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... from lifting their fixed and variable home loan rates, Mortgage Choice chief executive Anthony Waldron said. The big four banks boosted their owner-occupier fixed rates by 0.30%. NAB for example, put up the one-year fixed rate from 6.24% to 6.54%; the ...

Global X launches new Australian equity ETF

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... as a sector diversification tool, allowing investors to complement existing blue-chip portfolio holdings in the big four banks, major mining and energy companies, while avoiding a concentration in these sectors. "This fund offers an effective solution ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... were up 1.89% for the year, midcaps fell 6.3% and small caps were down 18.3%. VanEck further revealed Australia's big four banks were some of the best-performing stocks after reporting net interest margin (NIM) expansion. On the other hand, companies ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... Blennerhassett said. "Class actions are one way people can take on big corporations, including Australia's Big Four banks." Slater and Gordon previously filed a separate class action against ANZ, OnePath Custodians and OnePath Life as part of its ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... half don't expect the RBA to jack up rates until June. Unlike the surveyed economists, interestingly three of the big four banks have said they expect a rate rise on Tuesday.

Aussie dividends recover losses

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... the world's biggest dividend payer with $25.4 billion in payouts from both its Australian and UK businesses. The big four banks are also on their way back to pre-pandemic levels as Commonwealth Bank hiked its dividends to within one eighth of its previous ...
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