banks

Funds management

Use re-investment plans to pay dividends: Plato

Plato Investment Management has urged the big four banks to continue with their dividend payments by utilising their dividend re-investment plans to protect investors who...

Policy & Regulation

APRA suspends licensing

Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....

Financial planning

Major banks cop COVID-19 ratings downgrade

The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...

Financial planning

Banks ready to support JobKeeper scheme

The Australian Banking Association has announced the banks’ readiness to support the JobKeeper program....

Financial planning

Australians can 'rest easy' over credit rating

Australians who have been granted a deferral on their loan repayments will not have their credit rating impacted, so long as they were up to date with repayments prior to...

Funds management

Which sectors will remain resilient during COVID-19?

Australia can expect to see a severe cut in dividends over the next 12 months as result of COVID-19 but which sectors can we expect to remain resilient in the face of vol...

Funds management

How have listed financials performed?

There have been mixed results for major listed financial groups in terms of volatility caused by COVID-19 with banks suffering least while firms such as OneVue and Challe...

Funds management

Should investors look to buy banks?

There is little more bank stocks can slide given how far and how long they have fallen so they could be a compelling buy for investors, according to Wealth Within. ...

Financial planning

Unrestrained regulation and costs are driving advisers out of business

The Financial Planning Association wants the Government to commission the Australian Securities and Investments Commission to monitor the escalating costs of practicing a...

Funds management

Promising returns from specialist funds

Taking a niche approach to fund selection rather than opting for the standard Australian equities funds has paid off in the past year with the specialist equity sector re...

Policy & Regulation

Climate change an APRA supervisory priority in 2020

The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....

Funds management

Tight finance poses growth challenge for advisers

Growing financial advice practices to gain scale to meet the challenging new environment is being made harder by bank lending policies....

Policy & Regulation

Govt accused of reneging on RC over default super

The Federal Government has been accused of pandering to the big banks and reneging on the recommendations of the Royal Commission by pursuing new legislation to alter def...