Investors seeking to invest their funds ‘responsibly’ with stronger outcomes for society and the environment, alongside delivering superior financial returns, was put to the ultimate test in 2021.
The emergence of Australia’s fintech sector as globally significant was underlined by the recently announced acquisition of Afterpay by Square in a deal that, if approved by regulators and proceeds…
A long-awaited and welcome change to so-called ‘legacy pensions’ was proposed in the recent Federal Budget. This will benefit some older Australians who have been trapped in certain retirement income…
The financial services landscape looks fundamentally different to what it did ten years ago. Digital transformation, evolving customer expectations and new entrants have long been disruptive forces in the financial services landscape.
Financial services are facing an unprecedented set of pressures from increasing cyber threats, disruption, competitive pressure from new entrants, consumer and shareholder activism and regulatory oversight.
KPMG’s Major Australian Banks Full Year Analysis Report 2020 finds that the Majors reported a combined cash profit after tax from continuing operations of $17.4 billion, down 36.6 percent on FY2019.
