Bank of Queensland lifts first-half profit
Bank of Queensland increased its profit in the first half of fiscal 2022, as it continues to bed down its acquisition of ME Bank.
Bank of Queensland increased its profit in the first half of fiscal 2022, as it continues to bed down its acquisition of ME Bank.
Insurers say it's too soon to put a price on the floods as initial claims near $2 billion and assessors, techies and bankers muck in alongside communities.
The Australian economy grew by 3.4 per cent in the December quarter, rebounding from a 1.9 per cent contraction three months earlier.
CBA has expanded its share buyback by $2 billion after first-half profit jumped 26 per cent to $4.7 billion.
There is a growing appetite for finance linked to social impact, not just assets that are green, and bankers are gearing up.
The Council of Financial Regulators are keeping a watchful eye on home loan activity after criteria for securing a mortgage was tightened earlier this year.
Banks are walking a tightrope at this week's shareholder meetings as some investors denounce fossil fuel financing and others count the costs of past scandals.
Westpac chief economist Bill Evans says rising inflation pressures pose the biggest risk for the economy in 2022.