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Showing 1 - 10 of 4194 results for "Commonwealth"

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... social benefits paid to households increased this quarter as households received energy cost relief rebates. "At the Commonwealth level growth in social benefits to households was lower, including NDIS and Aged care, compared to recent quarters," Keenan ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... adviser." Singh agreed that, from the outside, it looks like an opportunity cost calculation. Taking the example of Commonwealth Bank, which some years ago took clients' investments out of term deposits, referred them to financial planners who invested ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... in the 12 months to October, down from 2.7% in September." As has been the case in previous months, the ABS said Commonwealth and government subsidies also drove the large decreases in electricity prices. "Commonwealth government and State government ...

JBWere restructures, chief executive exits

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... for her commitment and leadership of the JBWere business and we wish her well." Prior to JBWere, Lykouras was at Commonwealth Bank for 10 years and worked across various leadership roles within the now defunct financial advice business. She has also ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... at the direction of APRA. The findings of the review are likely to be published before the end of the year. Under Commonwealth law, directors on the boards of superannuation funds such as Cbus have an ongoing obligation to satisfy a 'fit and proper ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... advice sector, Dixon Advisory received the most complaints with 847. AMP Financial Planning received 30 complaints and Commonwealth Financial Planning received 17. Managed investments also received a hefty number of complaints at 289, making up more ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... Michelle Marquardt said this was the first time annual wage growth had fallen below 4% since the June 2023 quarter. Commonwealth Bank senior economist Stephen Wu said the reading was softer than what the Reserve Bank of Australia (RBA) was expecting. ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...
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