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Markets
05 November 2025 by Adrian Suljanovic

RBA near neutral as inflation risks linger

Economists have warned inflation risks remain elevated even as the RBA signals policy is sitting near neutral after its latest hold. The Reserve ...
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Two fund managers announce C-suite appointments

Schroders Australia and Challenger have both unveiled senior leadership changes, marking significant moves across the ...

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Former AI-software company CEO pleads guilty to misleading investors

Former chief executive of AI software company Metigy, David Fairfull, has pleaded guilty after admitting to misleading ...

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US trade tensions reducing with its Asian partners

Despite no formal announcement yet from the Trump-Xi summit, recent progress with other Asian trade partners indicates ...

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Wall Street wipeout tests faith in AI rally

After a year of remarkable growth driven by the AI boom and a rate-cutting cycle, signs that this easing phase is ...

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Corporate watchdog uncovers inconsistent practices in private credit funds

ASIC has unveiled the results of its private credit fund surveillance, revealing funds are demonstrating inconsistent ...

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BT's Rodgers steps down

  •  
By Victoria Young
  •  
1 minute read

BT Financial Group has promoted Mark Smith to Westpac/BT insurance general manager, a move prompted by the retirement of 20-year company veteran Tony Rodgers.

BT Financial Group has promoted Mark Smith to Westpac/BT insurance general manager, a move prompted by the retirement of 20-year company veteran Tony Rodgers.

Smith, currently head of life insurance, will step up to replace Rodgers in December to oversee life and general insurance.

"Under Mark's leadership our life insurance business has undergone a marked rejuvenation to establish itself as a leading provider in the risk market," BT Financial Group chief executive Rob Coombe said.

Smith will aim to improve cross-selling opportunities across Westpac to underpin the continued growth of the business.
Appointed head of life insurance in October 2005, he was formerly head of wrap and BT Funds Management New Zealand chief executive.
He joined BT Financial Group in 1993.