Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth Bank"
Count Financial adds tech integrations
ALLY SELBY  |  THURSDAY, 2 APR 2020
... time during the discovery and advice formulation process. With Countplus taking over Count Financial from the Commonwealth Bank in late 2019, the new tech integrations will remedy the lack of communication between accounting platforms and financial advice ...
GDP to contract 10%: CBA
ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...
Court confirms Storm Financial founders breached duties
JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... to each of the 11 investors in question". Storm collapsed in 2009 after being forced into administration by Commonwealth Bank. The Townsville-based company was about $90 million in debt. In 2010, ASIC's initial case centered around specific investors ...
Why banks are lifting TD rates
ALLY SELBY  |  FRIDAY, 27 MAR 2020
... slashing the cash rate to an all-time low of 0.25% last week . It comes after Australia's biggest bank, the Commonwealth Bank, announced it would lift its 12-month term deposit rate by 60bps to 1.7%. At the time, CBA chief executive Matt Comyn said ...
Global hiring freeze for BlackRock
ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
... those experiencing financial hardship. The bank moved 150 staff to its hardship division and is hiring more. Commonwealth Bank is also hiring for face-to-face customer service positions and phone-based customer service positions. The bank has specifically ...
Why remediation jobs aren't short-term
ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
The woman who ran BT Financial Group's advice remediation program has revealed what financial advisers need to know about remediation, and why some of the banks may make their remediation teams permanent. Melissa Bogg was program director and head ...
AMP director retires
ALLY SELBY  |  MONDAY, 23 MAR 2020
... most trusted and distrusted brands. AMP ranked third among the least trusted brands in Australia. It topped Commonwealth Bank, NAB, ANZ and Westpac, which all made the top 10. Bendigo and Adelaide Bank was the only financial services firm to make the ...
Banks defer small business loan repayments
ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... provide the appropriate regulatory treatment, though still requires authorisation from ASIC. The news comes after Commonwealth Bank chief executive Matt Comyn vowed to "do everything that we can" to keep businesses open and people employed during the ...
ASIC drags CFS to court over MySuper
ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... the ASIC Act in relation to the communications. The amount of the penalty will be determined by the court. Commonwealth Bank said in a statement it had been informed by CFS that a civil penalty claim has been brought by ASIC. "The claim alleges certain ...
CBA in court over RC case studies
ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
ASIC has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ...
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