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Challenger secures banking licence

04 January 2021 • By • 1 min read

Challenger secures banking licence

The investment management group has announced the acquisition of a banking business from a major super fund for $35 million, as it makes a play for ...

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Vaccine challenge ‘without precedent’

A global investment manager has cautioned that a sustained economic recovery from COVID-19 in Australia may still be far off, with world governments ...

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Putting 2020 in the rear-view

It’s become a cliché to say that 2020 has been a year like no other, but it’s the truth. From bushfires to pandemics, the last 12 months will go down ...

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Charter Hall buys Sydney department store

The property fund manager has purchased an iconic department store premises in the Sydney CBD for more than $500 million. In a statement, Charter ...

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Fund managers face distribution conundrum in 2021

ASIC’s design and distribution obligations will be top of mind for Australia’s fund managers in the new year, with many struggling with the conundrum ...

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Regulators look to next stage of recovery

ASIC and APRA will enter 2021 with a firm focus on supporting financial players through “the next stage of recovery” from the pandemic as new ...

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ASIC drops investigation into Westpac

The corporate watchdog has confirmed that it has dropped an investigation into the big four bank after its breaches of anti-money laundering laws

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Ex-Westpac director, Coca-Cola Amatil MD join RBA board

The government has appointed a former director of BT Investment Management and Westpac as well as the group managing director of Coca-Cola Amatil to ...

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Big 4 bank loses CFO

The major bank has announced that its chief financial officer will depart the bank for a role outside financial services, with its general manager ...

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Strong upside for dividends in 2021

The managing director of a boutique investment house has said the firm will be entering the new year with a bullish outlook for yield from Australian ...

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