Investors dump AMP after margin warning, digital bank costs
Shares in AMP plunge 16 per cent to an all-time low after downgrading margin expectations and unveiling a $60m investment on a new digital bank for small businesses.
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Smaller banks, Judo forced to take hit on liquidity
The nation’s banking watchdog moves to head off a US-style liquidity crisis by forcing smaller banks to hold more government bonds.
CBA won’t be rushed into offering better deals
Matt Comyn says the largest of the big four lenders it’s not in a rush to offer better deals to customers, even though it is losing market share.
Press ahead with energy transition spend: Debelle
Australia is starting to catch up with what it needs to do to reach its climate goals, but there is much more to be done, former RBA deputy governor Guy Debelle said.
Higher rates deliver record profits for banks
The painful increase in interest rates that is hurting homeowners has pushed banks’ cash profits to a record high, but they face headwinds in coming years, EY and PwC warn.
Dimensional Fund launches Australian ETFs
The quant giant launches exchange traded funds in Australia, three years after capitulating to issue its first ETF in the US market.
How Munro will pick its next stock winner
Global growth fund manager Munro Partners will have a difficult task choosing a single company to tip to an audience of industry heavyweights at the Sohn Hearts & Minds conference.
Small businesses riding the bumps, says Westpac
Westpac’s head of business banking says small businesses have been resilient in the face of the Optus outage and rising interest rates.
BHP’s cost warning on IR reform
BHP has waged a campaign against the changes for much of this year saying it would be a ‘productivity killer’ and an economic drag on the nation.
Inflation, rates lift productivity focus
Stubbornly high inflation and interest rate hikes are rattling investor nerves and underscoring the need for a robust and productive workforce, business leaders have warned.
Original URL: https://www.theaustralian.com.au/author/paulina-duran/page/15