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'Constrained' Biden presidency set to lift markets

'Constrained' Biden presidency set to lift markets

Australian stock pickers have said the Republicans' hold over the US Senate will stop anti-business legislation being waved through.

  • by Charlotte Grieve

Latest

Major banks on mission to reduce 'time to yes' for loan approvals
Big four

Major banks on mission to reduce 'time to yes' for loan approvals

The big four will need to speed up their processes to take advantage of the perfect storm for mortgage growth.

  • by Charlotte Grieve
Macquarie ready to pounce on cheap assets if markets turn
Corporate reporting

Macquarie ready to pounce on cheap assets if markets turn

Macquarie's CEO Shemara Wikramanayake is not concerned about political turmoil in the United States, but said the bank is ready pounce if asset prices fall.

  • by Charlotte Grieve
National Australia Bank profit - the best of a bad bunch
Opinion
Big four

National Australia Bank profit - the best of a bad bunch

The unspoken tool banks can use to grab market share is increasing their risk appetite - but none will ever admit to it.

  • by Elizabeth Knight
NAB boss wary of too much risk as bank looks to grow loan book
Big four

NAB boss wary of too much risk as bank looks to grow loan book

NAB chief executive Ross McEwan has said Australia's "once-in-a-generation" recession was reflected in the bank's results but it would be disciplined in pursuing growth.

  • by Charlotte Grieve
'Dark clouds are there': Pendal chief warns of market shock if Trump wins
Corporate reporting

'Dark clouds are there': Pendal chief warns of market shock if Trump wins

Global market volatility will rise if Trump wins a second term as the market has priced in a blue wave for Biden.

  • by Charlotte Grieve
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Major banks cut fixed home loans but leave variable rates unchanged
CBA

Major banks cut fixed home loans but leave variable rates unchanged

Westpac, CBA, NAB and ANZ have not passed on the RBA's record low cash rate cut to most of their customers, but have offered historic low rates on fixed-term loans.

  • by Charlotte Grieve
Why top super funds are taking admin in-house
Opinion
Superannuation

Why top super funds are taking admin in-house

The superannuation industry is debating whether in-house or outsourced administration services are better value for money. Now is the time to tell your fund if you are unhappy with the way you can contact them.

  • by Charlotte Grieve
Climate lawyer who sued super fund sets sights on federal government over bond risks
Paris Agreement

Climate lawyer who sued super fund sets sights on federal government over bond risks

The lawsuit against a major super fund was settled this week in what could be a turning point for the retirement industry and the government.

  • by Charlotte Grieve and Nick O'Malley
CBA launches moratorium on forced home sales until September 2021
Big four

CBA launches moratorium on forced home sales until September 2021

The big four bank is the first to commit to avoid foreclosures as the industry grapples with the pandemic and how to support customers coming off loan deferrals.

  • by Charlotte Grieve
Soaring losses not a going concern for Xinja founder
Fintech

Soaring losses not a going concern for Xinja founder

Xinja says it is working closely with Dubai-based World Investment Group to finalise the $433 million funding deal announced earlier this year which should alleviate concerns from its auditor about its ability to stay solvent. 

  • by Colin Kruger