EY shakes up top executive team

EY has reshuffled its top leadership team and streamlined its operations as the firm seeks to respond more quickly to changing market demands.

ANZ ramps up home loan growth

ANZ is chasing market share in home loans with the bank confirming its mortgage book is growing at 1.2 times system growth.

Being an all-knowing macro forecasting genius who correctly analyses each swing of the market is not child's play.

Beware the macro forecasting genius

The practice of offering up long-term opinions about the state of the world based on the short-term fluctuations of the markets is fraught with pitfalls.

The Singapore-listed group's plan to stave off insolvency involves a debt-for-equity swap.

It's business as abnormal at Noble

If Noble is starting afresh, why hand executives such generous incentives — up to a fifth of the company — to stick around? This puts them in a better position than even perpetual bondholders.

Opinion

Competition for deposits may push up banks' funding costs, analysts predict.

ACCC circles on banking competition

Banks are in the sights of the competition watchdog this year, with the ACCC announcing it will crack down on anti-competitive behaviour by the banks.

In their February meeting, board members noted the low cost of money was part of the reason that the jobless rate has ...

RBA sweats on wage growth pick-up

The RBA is sweating on a pick-up in wages growth to deliver a boost to households that are working off the burden of a debt surge stoked by ultra-easy monetary policy settings.

Personal Finance

An SMSF trustee's company constitution might not allow for flexible passing of resolutions by directors.

Why SMSF constitutions matter

For those who are serious about succession planning and ensuring fairness, there is a trap in most SMSF constitutions.

CSL chief executive Paul Perreault upgraded full-year profit guidance and boosted the dividend after a surge in interim ...

High hopes for market darlings

Treasury strives for hero status, CSL raises profit guidance and Challenger aims to exploit industry momentum, write Ben Potter, Simon Evans and Alice Uribe.

Westpac banks on AI advances

One of Westpac's top tech executives has revealed the bank is working on a range of artificial intelligence-driven plans, and says the technology is maturing fast.