Annabelle Dickson
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People: Frazis drafts Deloitte partner to help fix BOQ

Bank of Queensland has appointed Ewen Stafford as its chief financial officer (CFO) and chief operating officer. Stafford joins from Deloitte where is a partner in the banking and capital markets sector. He has extensive experience in corporate executive positions…

Australians no longer loyal to banks

The non-major banks are enjoying their highest share of new mortgage lending in 12 years, providing further evidence that more customers are comfortable switching financial products. Australian Finance Group’s (AFG) latest quarterly report shows that non-major banks accounted for 45.9…

People: Bowerman to chair SMSF Association

The SMSF Association has appointed Robin Bowerman as chair. He is head of corporate affairs at Vanguard Investments, has held the position of SMSFA vice chair for three years and has been a member of the board since 2011. He takes…

Investor expectations ‘not in line with reality’

Australian investors are out of touch with their expectations for investment returns according to the latest Schroders Global Investment Study. Australian investors expect an annual return of 10.9 per cent a year over the next five years despite the low…

People: Don Russell to chair AustralianSuper

Australia’s largest superannuation fund AustralianSuper has appointed Don Russell as the independent chair of the $170 billion fund. He succeeds Heather Ridout, who has served as chair since 2013 and as a director since 2007. Russell has extensive experience in…

Better policy choices needed to improve housing affordability

Australians struggling to get into the housing market are calling for government policy changes, according to CoreLogic’s Perceptions of Housing Affordability 2019. CoreLogic research director Asia Pacific, Tim Lawless, says: “There is a need for long-term strategies to assist housing…

Low rates driving high returns in other markets

The low interest rate environment is producing positive outcomes for investors with a strong outlook for equity markets, commercial property and a pick-up in residential property. Speaking at Charter Hall’s Property Forum, Westpac’s chief economist Bill Evans forecast that interest…

People: Splitit CEO steps down

Buy now pay later platform Splitit has announced that its cofounder Gil Don is stepping down as chief executive officer and will take on the role of general manager, EMEA. Don founded the company in 2009 with chief risk officer…

People: Fidante GM steps up to senior Challenger role

Fidante Partners general manager, Nick Hamilton has been promoted to the role of chief executive, funds management at Fidante’s parent company, Challenger Limited.  Hamilton joined Challenger as Fidante’s head of product and marketing in 2015. Prior to that he was…

Game, set, match: Chi-X’s latest work

Alternative exchange Chi-X Australia is expanding its offerings with a revamped institutional market-on-close trading solution and a launch date for its first exchange traded fund. Chi-X has updated its market-on-close offering with a new service called MatchPoint, which allows institutional…