01/04/2021
Reflecting the level of challenge facing many of Australia’s major life insurers, MLC Life required a capital injection of $650 million from its major stakeholders just ahead of the Christmas shutdown last year.
12/31/2020
The bureau does not collect data on borrowers' net worth, assets or bank deposits, nor does it make lending decisions for, or on behalf of, financial institutions.
12/28/2020
Businesses from China and Hong Kong, among the top 10 foreign investors, have recorded low return on equity, while those from Australia, Brunei, Indonesia and Turkey reported losses.
12/28/2020
Despite the government’s promotion of inflation-linked bonds (iBonds), green bonds, silver bonds and Islamic bonds in recent years
12/23/2020
A large number of IPO-ready tech unicorns in Asia are likely to rev up action, say bankers, lawyers and investors dealing with capital raisings and mergers.
12/22/2020
In its annual information paper on the CCyB, APRA today confirmed it considers that a zero per cent CCyB remains appropriate at this point in time based on an assessment of the systemic risk environment for ADIs.