Powered by MOMENTUM MEDIA
investor daily logo

Markets

markets

28 November 2018 • By Eliot Hastie • 1 min read

Ken Henry calls time on capitalism

The NAB chairman has suggested that it is time for the traditional capitalist model to be flipped on its head. Dr Ken Henry, chairperson at ...

READ MORE
icon

Morrison announces early budget, signals May election 

Prime Minister Scott Morrison has announced that the federal budget will be unveiled in April 2019, leading to speculation that an election will be ...

READ MORE
icon

Bank satisfaction continues to fall

Satisfaction with the banks has continued to drop, where it now rests at its lowest level in seven years.  New data from Roy Morgan shows that in ...

READ MORE
icon

Cash payments are ‘niche’ says RBA governor

The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment ...

READ MORE
icon

Thorburn reveals original plans for MLC

The big four bank chief has conceded that NAB’s wealth management business was never properly integrated into the bank or given the love and attention ...

READ MORE
icon

ASIC’s ‘strongest message’ to banks was a press release

The chair of ASIC told the royal commission that ASIC’s strongest message to banks was an expression of disappointment in a press release

READ MORE
icon

ASIC should be ‘acting quicker’ on financial institutions

The chairman of the financial services regulator has conceded that it was “far too late”, if not years too late, in taking formal action against ...

READ MORE
icon

Investors concerned with Mexican government shakeup

International investors are concerned with the direction of Mexico’s government policy and its effect on the market, with little more than a week ...

READ MORE
icon

Share market sell-off to continue but recession unlikely

AMP Capital chief economist Shane Oliver has given his take on the ASX falling to a two-year low this week. “While global and Australian shares had ...

READ MORE
icon

‘I know people’: Bank CEO’s rich mates have advisers on ‘retainer’

The head of a major bank has been grilled by the royal commission over his understanding of financial advice in the Australian market. Westpac ...

READ MORE