Your Search Returned 156 tagged news reports
As consolidation of the wealth management industry gathers pace, National Australia Bank is believed to be eyeing up Professional Investment Services (PIS), the financial planning giant worth at least $250 million. When NAB bought the country's largest...
Tags: NAB-MLC, PIS, financial planners, Aviva plc, ING Australia, financial services, National Australia Bank, Count Financial, Australia, Sydney, Commonwealth Bank, Business Finance, MLC Limited, Banks of Australia, Aviva, Wealth management, Financial planner
IF YOU believe Commonwealth Bank , its dream of turning CommSec into one of the country's top investment banks is a step closer to fruition, following the poaching of 16 staff from rivals. If you believe the message from the rivals, the retail banking...
Tags: Stephen Mayne, Commonwealth Bank, CommSec, Morgan Stanley Australia, investment banks, Manningham, National Australia Bank, retail banks, capital market, David Hancock, Hancock, Goldman Sachs, Primary dealers, Business Finance, UBS AG, Banks of Australia
Historian Geoffrey Blainey last month said population increases in north Queensland meant it would be "absurd" for a new state not to be established there. "The last big change to the (Australian) map was made in 1859 (Queensland) and no one then knew...
Tags: Westpac, bananas smoothies, borrowing money, rate hike, westpac goes, goes bananas, rate rise, Australia, Townsville, Business Finance, Banks of Australia, Banana, Smoothie, Kevin Rudd, Bank, Gail Kelly, Central bank, Rudd, Politics, Hanlon, Townsville Queensland, Queensland, Milkshake, Geoffrey Blainey, Floating interest rate, Tropical agriculture, National Australia Bank, North Queensland, St. George Bank
As Westpac customers continue to reel over the bank's decision to raise home loan rates more than the rest of the banking sector, Gail Kelly was talking up the importance of customer service and the bank's commitment to relationships and reliability.
Tags: Westpac, Gail Kelly, rate rise, Peter Hanlon, businesses banks, Mrs Kelly, group executive, mortgage rate, Mr Hanlon, chief executive, Sweden, Åre, Business Finance, Banks of Australia, Bank, BT Financial Group, Floating interest rate, Mortgage, BT Group, St. George Bank, Variable-rate mortgage, Interest rates, Mortgage loan, Financial crisis of 2007¬タモ2009, Finance, ANZ, Banking, Subprime crisis impact timeline, National Australia Bank, Interest, Debt
Street waited anxiously for new unemployment data last night, with most economists expecting 100,000 lay-offs in November, which would be an improvement on the previous month. On Monday it will be Australia's turn, with data due out on the number of jobs...
Tags: Tabcorp, National Australia Bank, Wall, Business Finance, Australian Securities Exchange, S&P/ASX 20, Cent
The estimated $1.5 million that National Australia Bank splashed out for the naming rights to this year's Australian Masters golf tournament to promote its JBWere subsidiary has paid off handsomely. Not only was the tournament an unrivalled success, but...
Tags: Tiger Woods, Lewis Romano, Judy Romano, jbwere masters, Evans & Tate, Shane Warne-Sam Newman Masters, Australia, Sydney, National Australia Bank, Australian Masters, Masters Tournament
THE Australian share market closed firmly in the red today after mining stocks led a broad-based decline, following a weakening of commodity prices overnight. The benchmark S&P/ASX200 index closed down 72.4 points, or 1.52 per cent, at 4702.2 points,...
Tags: Sydney Futures Exchange, asx200 index, S&P, All Ordinaries, ordinaries index, share price, index contract, Ford Australia, price index, National Australia Bank, Australia, Sydney, Business Finance, Australian Securities Exchange, Cent, Futures contract, Coins of the United States, 5 cent, Abraham Lincoln, Australian 5 cent coin, Euro, Kupe field, Dow Jones Industrial Average, Australian dollar, Futures, Hawera, Dow Jones & Company, ConnectEast, Ford Motor Company, Rio Tinto Group, Penny
That takes the CBA's standard variable mortgage rate to 6.61 per cent per annum, effective from December 9. The move places CBA's increase between NAB's 25 basis point rise yesterday and Westpac's heavily criticised 45 basis point move on Tuesday. The...
Tags: Westpac Place, standard variable, NAB, rate rise, Reserve Bank of Australia, loan rate, reserve banks, CBA, mortgage rate, cash rate, Australia, Sydney, Business Finance, Westpac, Banks of Australia, National Australia Bank, Bank, Banking, Mortgage, Interest, Interest rates, Monetary policy, Commonwealth Bank, Finance, Wholesale funding, Gail Kelly, Commercial Bank of Australia, Cent, Floating interest rate, Euro, St. George Bank
Norman boss Gerry Harvey has put his reputation on the line, predicting that Australia stands on the verge of a retail boom. ''I'm right about 75 per cent of the time, wrong about 25 per cent,'' he said this week with a broad grin. Indeed, the investment...
Tags: rate rises, Melbourne Magazine, National Australia Bank, chief executive, Advance, India, Ara, Macquarie Group, Commonwealth Bank, Business Finance, Target Corporation, Chadstone Victoria, Banks of Australia, Sydney
But now it is set to make a comeback after yesterday's decision by Westpac to raise its home loan rates by almost double the Reserve Bank's official movement of a quarter of a percentage point. Westpac says the cost of sourcing money on global markets...
Tags: Reserve Bank of Australia, Westpac, financial crisis, United Kingdom, London, Business Finance, Interest rates, Australian property bubble, Stock market crashes, Economic disasters, Unemployment, Gail Kelly, Banks of Australia, Monetary policy, Euro, Wayne Swan, Public finance, National Australia Bank, Interest, Central bank, Inflation targeting, Labor economics, Fiscal policy, Financial crisis of 2007¬タモ2009, Late-2000s recession, Macroeconomics, Inflation, Bank rate, Glenn Stevens, Financial crises, Interest rate