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Showing 1 - 10 of 100+ results for "Commonwealth"

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
Commonwealth Bank and the UNSW Generated Violence Research Network (GVRN) partnership commented on findings showing economic and financial abuse is linked to domestic and family violence. Statistics show that one in four women and one in 13 men have ...

Four investment specialists join Resolution Life

ELIZABETH FRY  |  FRIDAY, 29 JUL 2022
... management leader. Coleman is an experienced investor with more than 20 years' experience, including previous roles at Commonwealth Bank of Australia in global markets and treasury. Also joining is William Bahramali, who will also take on the role ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... investors, the guide says. Further illustrating the growing importance of corporate participation, a collaborative Commonwealth Bank and Deloitte report found that while financial abuse is becoming an increasingly recognised form of partner violence ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... of year tax liabilities that would have occurred for some of the affected veterans. It will also allow the ATO and Commonwealth Superannuation Corporation (CSC) to include the impact of the new offset in determining fortnightly tax withholding, to address ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... financial system and the global framework for prudential regulation. "His leadership and expertise has positioned the Commonwealth to respond well to some of the greatest challenges in Australia's history - most recently in ensuring the stability ...

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... years' imprisonment, or 10 years if the person deceived is 60 years or older. This matter is being prosecuted by the Commonwealth Director of Public Prosecutions.

Former adviser sentenced over theft

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... imprisonment, t o be served by way of intensive correction order, and fined $9500. The matter, prosecuted by the Commonwealth Director of Public Prosecutions after a referral from ASIC, found that Flowers - formerly known as Nigel Flowers - acted dishonestly ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
... self-assessment that APRA asked Allianz and a range of other institutions to undertake following 2017's Prudential Inquiry into Commonwealth Bank. The capital penalty was to remain in place until the insurer completed remediation work to strengthen risk ...

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... corporate lending environments and private development firms in Australia and the UK. He's held senior roles with Commonwealth Bank, Westpac, NAB and ANZ driving new business origination and deal structuring. Payton Capital chief executive and executive ...
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