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06 May 2019 • By Sarah Simpkins • 1 min read

Union cries foul on Bankwest backpay

Bankwest staff have complained to the Finance Sector Union (FSU) that the Commonwealth Bank subsidiary has failed to inform them of how their backpay ...

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RBA, APRA consider alternative to rate cut

Fund manager Christopher Joye says he has it on good authority that the RBA, APRA and the banking industry are considering reducing mortgage buffers ...

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Macquarie wealth slips, capital and commodities surge

While Macquarie Group saw its wealth management income drop by $18 million, its capital and commodities businesses soared during FY19. Macquarie ...

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Clear skies ahead for major bank remediation program 

Morningstar is confident that the worst of ANZ’s remediation woes are behind it, while NAB’s costs could blow out to 2020. In his latest analysis ...

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APRA voices insurance concerns

The Australian Prudential Regulatory Authority has called on the life insurance industry to urgently address concerns about the sustainability of ...

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NAB wealth earnings down, clashes with Nippon

National Australia Bank has seen its wealth earnings for the six months leading up to March tumble by 29.4 per cent from the prior corresponding ...

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Bravura announces $165m raising to aid GBST acquisition 

The listed fintech has announced a $165 million fully underwritten institutional placement to boost its capacity for strategic acquisitions

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Change agent De Ferrari well aware of AMP’s ‘significant crisis’

New AMP boss Francesco De Ferrari didn’t mince his words when he fronted an auditorium packed with angry shareholders in Sydney last week

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Pendal profit plummets 26%

Global asset manager Pendal Group has copped a hit to its profit for the half year ending 31 March, with its net profit after tax (NPAT) coming to $84

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PFA makes key appointments 

The Property Funds Association of Australia (PFA) has announced a number of significant appointments to its committee. The PFA is the peak industry ...

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