Rate cut ‘won’t buoy economy’
The head of Westpac Brian Hartzer says a rate cut won’t get Australia out of the doldrums.
The head of Westpac Brian Hartzer says a rate cut won’t get Australia out of the doldrums.
Westpac’s CEO has labelled the bank’s slump in interim profit to $3.3bn a “disappointing result”.
Macquarie’s new chief has urged the next government to address energy challenges.
Nicholas Moore ended as CEO of Macquarie Group with a big payout, and he’s still on its books.
Macquarie shares sink as it faces a tougher 2020, after a record full-year profit of almost $3bn.
AMP chair David Murray says the group has a ‘serious focus’ on stemming massive outflows from its wealth management unit.
NAB and AMP have a lot of work to do to create pay structures for their executives.
AMP shares regained some ground after more than 89pc of investors backed its pay report.
NAB has cut its interim dividend to the lowest level in over eight years, even as earnings rose 7.1pc to $2.95bn.
Liquidators of failed stockbroker BBY have had a small win in the NSW Supreme Court.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/174