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06 May 2021 • By Reporter • 1 min read

NAB in $3.2bn profit

The bank has seen profits rise as credit impairment charges drop precipitously and will double its dividend as a result.  NAB has reported a first ...

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‘We’re actually being squeezed’: Super funds pressured by proxy adviser crackdown

Super funds are in a tug of war between member and regulatory pressure for climate action and the government’s latest move clamping down on proxy ...

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Willis Towers Watson launches private equities working group

Willis Towers Watson has signalled plans to explore opening up opportunities in private equities, with one focus to include restructuring funds in the ...

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Stop slugging women’s super for having children: KPMG

There are three key law reforms that could help close the gender divide in superannuation savings, according to KPMG, if Australia chooses to ...

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Wilson probes Industry Super payments

A number of prominent industry funds have revealed the amounts they contribute to lobby group Industry Super Australia under questioning from Liberal ...

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Who knew what (and when) at Westpac?

A potentially bloody legal stoush looms as ASIC looks to prove that Westpac had the inside run on the $12 billion interest rate swap that’s landed it ...

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ANZ won’t ‘blindly’ target cost cuts

ANZ chief executive Shayne Elliott said that he would not set “hard and fast” targets for cost cutting and that a better bank would not be delivered ...

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Sustainable funds top $27.9bn

Retail assets invested in Australian and New Zealand sustainable funds were close to reaching $28 billion at the end of the first quarter, rocketing ...

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ASIC accuses Westpac of insider trading

ASIC has commenced proceedings against Westpac for insider trading, unconscionable conduct and breaches of its AFSL obligations.  The allegations ...

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ANZ profits up 45%

The big four bank saw first half profits increase dramatically as it removed provisions associated with the COVID crisis. In a statement, ANZ said ...

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