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05 September 2018 • By James Mitchell • 1 min read

SocGen expects to pay $1.9bn in fines

French banking giant Societe Generale expects penalties of $1.9 billion relating to its dispute with US authorities over international sanctions ...

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ASX pushes back blockchain implementation

The ASX has announced a new commencement date for the implementation of blockchain technology after an extensive consultation with industry insiders ...

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AIA Australia waiving policy fees

New clients with AIA Australia will be treated to a policy fee waiver, giving them more to spend on their health and wellness. AIA Australia has ...

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Housing market continues to weaken

Real estate values across the country have continued to fall, with the latest CoreLogic data reporting a 0.3 of a percentage point drop in national ...

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Westpac to pay $35m over responsible lending breaches

The major bank has admitted breaching its responsible lending obligations when providing home loans and agreed to pay a $35 million civil penalty to ...

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RBA stays hand on cash rate for September

The Reserve Bank of Australia announced today it is keeping the cash rate at 1.5 per cent, making it the 25th monthly monetary policy meeting in a row ...

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APRA tells Hayne the ‘threat’ of litigation is sufficient

The prudential regulator has defended its powers after the royal commission questioned its preference for working “behind closed doors” and failure to ...

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Booming super funds urged to fix governance ‘shortcomings’

Growth allocations and mergers have bolstered Australian funds but improved governance and diversification should be on the agenda, according to ...

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RBA: Credit quality poses biggest risk to the economy

The central bank has warned that the greatest risk to Australia’s financial stability over the next few years will be the banks’ large exposure to ...

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Aberdeen Standard awarded mandate from ANU

Global asset manager Aberdeen Standard Investments has won a mandate to manage the Australian National University’s endowment fund. In a statement, ...

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