DOCSLIB.ORG

Beyond Bank Annual Report 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Beyond Bank Annual Report 2019 Annual Report 2019 2 Contents Snapshot 4 Board of Directors 9 Directors’ Report 12 Board Committees Financial Reports 14 Lead Auditor’s Independence Declaration and Directors’ Declaration 15 Independent Auditor’s Report 16 Statements of Profit or Loss and Other Comprehensive Income 17 Statements of Financial Position 18 Statements of Changes in Equity 19 Statements of Cash Flows 20 Notes to the Financial Statements 66 Glossary of Terms and Acronyms Environmental Sustainability Beyond Bank Australia cares about the community and is committed to environmental sustainability. This leaflet has been printed on Monza Recycled, manufactured by an ISO 14001 certified mill, and contains 99% recycled fibre and elemental chlorine free pulp. All virgin pulp is derived from well-managed forests and controlled sources. To help us save precious resources, please contact us to receive future correspondence in an electronic format. 3 Board of Directors SANDRA (SAM) ANDERSEN STEVEN NOLIS CHAIR DIRECTOR Residence: Melbourne, VIC Residence: Adelaide, SA Sandra (Sam) was appointed to the Beyond Bank Australia Board in Steve was elected as a Director of Beyond Bank Australia in 2009. November 2013 and appointed Chair in 2018. She has more than 18 Steve has significant banking and finance industry experience, years’ experience in the finance sector and 10 years’ experience as having worked for the Reserve Bank of Australia for 14 years and at an executive in the technology and health services industries. CPS Credit Union (SA) Limited for five years. She is an experienced executive and Non-Executive Director in the In addition to this, he has Senior Management experience at a listed, unlisted and government sectors and is currently Chair of the state and national level across both commercial and government Australian Packaging Covenant Board, Non-Executive Director of sectors. His range of expertise includes operations management, Hearing Australia, Non-Executive Director of Victorian Land Registry change management, human resources, strategic planning, Services Group, Non-Executive Director of Agriculture Victoria marketing, finance and business development. Steve is currently Services Pty Ltd, Chair of the Audit & Risk Management Committee the Executive Director Commercial for the Local Government of the Department of Premier & Cabinet Victoria and a Trustee Association of South Australia. and Chair of the Finance and Audit Committee of the Melbourne Convention and Exhibition Trust. Sam is a former managing director His tertiary qualifications include a Graduate Certificate of of Eyecare Partners Limited and a former Chief Financial Officer Management and a Master of Business Administration (MBA) of listed technology companies. Other past directorships include attained through the University of South Australia. He has also Anteo Diagnostics Limited, Rural Finance Corporation, Victorian completed studies through the Business in China Intensive School, Funds Management Corporation and Superpartners Pty Ltd. Shanghai, China. Steve is the Chair of the Board Governance and Remuneration Committee. Sam has a Bachelor of Laws and is a Certified Practicing Accountant. She is a fellow of the Financial Services Institute of Australia and the Australian Institute of Company Directors. Sam is a Director of Eastwoods Group Limited and Eastwoods Wealth Management Pty Ltd. She is a member of the Board Governance and Remuneration Committee, and the Board Customer Committee. 4 Board of Directors Board of Directors GEOFFREY JAMES KNUCKEY DAVID JOHN NICHOL DIRECTOR DIRECTOR Residence: Canberra, ACT Residence: Adelaide, SA Geoff was appointed to the Beyond Bank Australia Board in July David was elected to the Beyond Bank Australia Board in 2015. 2012. He had a 32-year career with accounting firm Ernst & Young He has over 30 years’ experience within the finance and insurance and retired as a partner in December 2009. He was partner in industry, holding a number of senior national and state roles with charge of EY’s Audit and Assurance group from 2003 until 2008 and companies such as GE, Toyota and QBE. David’s specific expertise was Canberra Office Managing Partner from 2003 to 2006. is in sales process auditing, compliance and remedial training. His experience also extends into the areas of business development, Geoff’s career included specialising in financial statements risk management, strategy and operational management. and auditing of entities of all sizes across all types of industries He is passionate about the finance sector and brings a diverse including the financial services sector. His role also included and unique set of skills to his role. David also has an extensive advising in internal audit, corporate governance, risk management understanding of the mutual sector, having previously worked and financial statements auditing and reporting. Since 2010, for CPS Credit Union (SA). He is a Graduate of the Australian Geoff has specialised in Board Non-Executive Director and Audit Institute of Company Directors and has recently completed an Committee positions in the private and public sectors. He is Applied Cyber Security Course at the Massachusetts Institute of currently Chairman or Non-Executive Director of four private sector Technology (MIT) in Boston. David is the Chair of the Beyond Bank companies and is also Chair or Independent Member of the Audit Australia Foundation Limited Board and is also a member of the and Risk Committees for a number of Commonwealth and ACT Board Risk Committee. government departments. His particular skills are in financial auditing, reporting and analysis, risk management, corporate governance and internal audit. Geoff is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand and has been a Registered Company auditor since 1995. He is a Graduate Member of the Australian Institute of Company Directors and a member of the Institute of Internal Auditors. He holds a Bachelor of Economics from ANU. Geoff is the Chair of Eastwoods Group Limited and is a Director of Eastwoods Wealth Management Pty Ltd. He is the Chair of the Board Audit Committee and a member of the Board Governance and Remuneration Committee. 5 Board of Directors TRENT BARTLETT JOANNE (JODIE) BAKER DIRECTOR DIRECTOR Residence: Perth, WA Residence: Sydney, NSW Trent was appointed to the Beyond Bank Australia Board in Jodie was appointed to the Beyond Bank Australia Board in September 2016. He has over 20 years of extensive multi-industry November 2017. Jodie has over 30 years’ experience in banking Chair, Independent Director, Executive Director and CEO level and funds management. She specialises in developing and leadership and experience in listed public companies, large private implementing strategy with a strong risk management and growth companies as well as NFP and ‘for benefit’ focused enterprises agenda, driving significant gains in customer engagement and operating with diverse business models and scale across many shareholder value. Jodie is also on the boards of Export Finance industry sectors. Australia (formerly Export Finance and Insurance Corporation), Spaceship Superannuation, a superannuation fund for millennials, With a specialty in member-owned/member-governed businesses, and arts organisation, Synergy & Taikoz, and is a member of Social Trent is currently a Director, Chair of the Remuneration and Enterprise Finance Australia Credit Committee, a B corporation. She Nomination Committee and Audit & Risk Committee Member of has previously served on the boards of Disability Sports Australia Australia’s largest co-operative, Co-operative Bulk Handling and Finance Executives Institute. (CBH), Independent Chair of Margaret River Busselton Tourism Association, Chair of Good Samaritan Industries, Independent During her executive career, Jodie’s roles included Managing Chair of Travellers Choice, and Non-Executive Director and Chair Partner of Blackhall & Pearl, a board, risk and governance advisory of the Remuneration and Nomination Committee of the Australian firm, CEO and Managing Director of fintech business, Morgij Packaging Covenant Board. Analytics and senior executive risk roles at ANZ Institutional Bank, Societe Generale Australia, and BT Financial Group. Earlier in Trent also currently mentors CEOs and Senior Executives and is a her career, Jodie worked in front line and risk roles at Westpac, faculty member of the Australian Institute of Company Directors. Macquarie Bank and Bankers Trust Australia. Trent is a former CEO of Capricorn Society, one of Australia’s largest and most successful co-operative enterprises, as well as having a Jodie holds a Bachelor of Commerce from the University of Western 15 year General Management career in Australia’s largest retailers. Australia, and a Diploma from FINSIA. She is a Trustee Fellow of the Australian Superannuation Funds Association and a Graduate of the He holds postgraduate qualifications in business and e-commerce Australian Institute of Company Directors. She is Chair of the Board and is a fellow of the Australian Institute of Company Directors. Risk Committee and a member of the Board Audit Committee. He is the Chair of the Board Customer Committee and a member of the Board Audit Committee. 6 Board of Directors Board of Directors REBECCA RICHARDSON DARYL JOHNSON DIRECTOR DIRECTOR Residence: Sydney, NSW Residence: Melbourne, VIC Rebecca was appointed to the Beyond Bank Australia Board Daryl was appointed to the Beyond Bank Australia Board in in February 2018. Rebecca
Load more

Recommended publications
  • The World's Most Active Banking Professionals on Social
    Oceania's Most Active Banking Professionals on Social - February 2021 Industry at a glance: Why should you care? So, where does your company rank? Position Company Name LinkedIn URL Location Employees on LinkedIn No. Employees Shared (Last 30 Days) % Shared (Last 30 Days) Rank Change 1 Teachers Mutual Bank https://www.linkedin.com/company/285023Australia 451 34 7.54% ▲ 4 2 P&N Bank https://www.linkedin.com/company/2993310Australia 246 18 7.32% ▲ 8 3 Reserve Bank of New Zealand https://www.linkedin.com/company/691462New Zealand 401 29 7.23% ▲ 9 4 Heritage Bank https://www.linkedin.com/company/68461Australia 640 46 7.19% ▲ 9 5 Bendigo Bank https://www.linkedin.com/company/10851946Australia 609 34 5.58% ▼ -4 6 Westpac Institutional Bank https://www.linkedin.com/company/2731362Australia 1,403 73 5.20% ▲ 16 7 Kiwibank https://www.linkedin.com/company/8730New Zealand 1,658 84 5.07% ▲ 10 8 Greater Bank https://www.linkedin.com/company/1111921Australia 621 31 4.99% ▲ 0 9 Heartland Bank https://www.linkedin.com/company/2791687New Zealand 362 18 4.97% ▼ -6 10 ME Bank https://www.linkedin.com/company/927944Australia 1,241 61 4.92% ▲ 1 11 Beyond Bank Australia https://www.linkedin.com/company/141977Australia 468 22 4.70% ▼ -2 12 Bank of New Zealand https://www.linkedin.com/company/7841New Zealand 4,733 216 4.56% ▼ -10 13 ING Australia https://www.linkedin.com/company/387202Australia 1,319 59 4.47% ▲ 16 14 Credit Union Australia https://www.linkedin.com/company/784868Australia 952 42 4.41% ▼ -7 15 Westpac https://www.linkedin.com/company/3597Australia
    [Show full text]
  • Customer Successstory Beyon
    CUSTOMER SUCCESS STORY HOURS PER MONTH SAVED BY ELIMINATING IMPROVING RESPONSE TIME SLA FROM 90% INCREASE IN COMMUNITY MANUAL LABOR FOR THE COMMUNITY MANAGER IN 30 MINUTES TO 90% IN 15 MINUTES ENGAGEMENT RATES 30+ 90% 50% With more than 200,000 customers and assets under management in excess of $5 billion, Beyond Bank Australia is one of the nation's largest 100% customer-owned financial institutions. It operates across South Australia, Western Australia, Australian Capital Territory, and the Riverina and Hunter Valley regions of New South Wales. Beyond Bank Australia also supports a range of community endeavors via its Community Development Program and the Beyond Bank Australia Foundation. In 2017, Beyond Bank Australia was awarded Best Bank in Corporate Social Responsibility at the Australian Retail Banking Awards. In 2016, the Bank was awarded Roy Morgan’s Best in Customer Satisfaction award. Goal Solution To implement more effective, detailed social media A Lithium Social Media Management all-in-one reporting and eradicate wasted time and inefficiency platform that caters to the needs of the marketing, caused by manual reporting, and to use a platform that customer service, and compliance teams. It also provides effective notifications and workflows for the integrates with their CRM–Microsoft Dynamics. customer service team in order to improve response times and ensure correct governance of their social media platforms. CUSTOMER SUCCESS STORY “Lithium has saved me at least eight hours per week of manual activities.” -Aimee Iannone, Social Media Specialist, Beyond Bank Australia How has your Lithium solution addressed Was it easy to train people to use the platform? your goals? It was an extremely quick and easy process.
    [Show full text]
  • 2017 National Mutual Economy Report Incorporating the Top 100 2 | 2017 National Mutual Economy Report | 2017 Report Partner
    2017 NATIONAL MUTUAL ECONOMY REPORT Incorporating the Top 100 2 | 2017 NATIONAL MUTUAL ECONOMY REPORT | 2017 Report Partner 3 | 2017 NATIONAL MUTUAL ECONOMY REPORT | 2017 National Mutual Economy Report Incorporating the Top 100 Providing the latest research on the economic and social contribution of Australia’s co-operative, mutual and member-owned firms. With the research collaboration of the University of Western Australia For more information on the co-operative and mutual sector i www.bccm.coop www.getmutual.coop Published November 2017 by the Business Council of Co-operatives and Mutuals (BCCM) | GPO Box 5166, Wynyard, Sydney 2001 | www.bccm.coop © Business Council of Co-operatives and Mutuals (BCCM) This work is licensed under the Creative Commons Attribution 3.0 Australia Licence (CCBY 3.0). This licence allows you to copy, distribute and adapt this work, provided you attribute the work and do not suggest that BCCM endorses you or your work. To view a full copy of the terms of this licence, visit: http://www.creativecommons.org/licenses/by/3.0/au/ Disclaimer: While the BCCM endeavours to ensure the quality of this publication, the BCCM does not accept any responsibility for the accuracy, completeness or currency of the material included in this publication, and will not be liable for any loss or damage arising out of any use of, or reliance on, this publication. 4 | 2017 NATIONAL MUTUAL ECONOMY REPORT | ABOUT THE BCCM Despite representing some of the largest businesses The Business Council of Co-operatives and Mutuals in their sectors and being found across a wide- (BCCM) is the national peak body representing range of industries, the overall size, structure co-operative and mutual models of enterprise.
    [Show full text]
  • Beyond Bank Annual Report 2020
    Annual Report 2020 2 Contents Snapshot 4 Board of Directors 9 Directors’ Report Financial Reports 12 Lead Auditor’s Independence Declaration and Directors’ Declaration 13 Independent Auditor’s Report 14 Statements of Profit or Loss and Other Comprehensive Income 15 Statements of Financial Position 16 Statements of Changes in Equity 17 Statements of Cash Flows 18 Notes to the Financial Statements 57 Glossary of Terms and Acronyms Environmental Sustainability Beyond Bank Australia cares about the community and is committed to environmental sustainability. This leaflet has been printed on Monza Recycled, manufactured by an ISO 14001 certified mill, and contains 99% recycled fibre and elemental chlorine free pulp. All virgin pulp is derived from well-managed forests and controlled sources. To help us save precious resources, please contact us to receive future correspondence in an electronic format. 3 Board of Directors SANDRA (SAM) ANDERSEN GEOFFREY JAMES KNUCKEY CHAIR DIRECTOR Residence: Melbourne, VIC Residence: Canberra, ACT Sandra (Sam) was appointed to the Beyond Bank Australia Board in Geoff was appointed to the Beyond Bank Australia Board in July November 2013 and appointed Chair in 2018. She has more than 19 2012. He had a 32 year career with accounting firm Ernst & Young years’ experience in the finance sector and 11 years’ experience as and retired as a partner in December 2009. He was partner in an executive in the technology and health services industries. charge of EY’s Audit and Assurance group from 2003 until 2008 and was Canberra Office Managing Partner from 2003 to 2006. She is an experienced executive and Non-Executive Director in the listed, unlisted and government sectors and is currently Chair of Geoff’s career included specialising in financial statements and the Australian Packaging Covenant Organisation Limited, Chair auditing of entities of all sizes across all types of industries of Agriculture Victoria Services Pty Ltd, Non-Executive Director including the financial services sector.
    [Show full text]
  • Member Information Document
    Member Information Document This package contains important information to assist members in considering the proposed total transfer of business (‘transfer’) of My Credit Union Limited ACN 087 650 584 (‘MYCU’) to Community CPS Australia Limited ACN 087 651 143, trading as Beyond Bank Australia (‘Beyond Bank’) under the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth). Disclaimer: The Australian Prudential Regulation Authority (‘APRA’) has approved this Member Information Document pursuant to Rule 9 of the Transfer Rules No 1 of 2015, for the purposes of the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth). In deciding whether to approve this Information Statement, APRA has consulted with the Australian Securities and Investments Commission (‘ASIC’). Neither APRA nor ASIC accept any responsibility for the accuracy or otherwise, of any matter contained in, attached to, or accompanying this Member Information Document. Page 1 of 44 Table of Contents 1. Executive Summary ............................................................................................................................. 4 2. Why Merge? ........................................................................................................................................ 5 3. Key Dates............................................................................................................................................. 5 4. About Beyond Bank ............................................................................................................................
    [Show full text]
  • Australian Banks That Work with Xero
    Australian banks that work with Xero These banks send daily feeds of bank transactions directly into Xero from the types of bank account listed here. For a list of accounts covered, head to the ● Daily bank feeds available N/A Bank does not support this account type Other help centre: central.xero.com Financial Institutions Transactional Savings Term Deposit Loans Credit Cards Other National Australia Bank Limited ● ● ● ● ● Commonwealth Bank of Australia (CBA) ● ● ● ● Australia and New Zealand Banking Group Limited ● ● ● ● Westpac Banking Corporation ● ● ● Anglican Community Fund ● ● ● Anglican Financial Services ● ● ● ● Anglican Funds South Australia ● ● Archdiocese of Melbourne Catholic Development Fund ● ● ● ● Auswide Bank Ltd ● ● ● ● AWA Alliance Bank ● ● ● ● ● ● Bank Australia (was MECU) ● ● ● ● ● B & E Ltd ● ● ● ● ● bcu ● ● ● ● ● Bank of Melbourne ● ● ● Bank of Queensland Limited ● ● ● ● N/A Bank SA ● ● ● Bank of Sydney Ltd* ● ● ● ● Banking on Football ● ● ● ● ● Baplink ● ● ● ● N/A Baptist Financial Services ● ● ● ● N/A Bankwest ● ● ● ● ● BDCU Alliance Bank ● ● ● ● ● Bendigo Bank ● ● ● ● ● Broken Hill Community Credit Union ● ● ● ● BOQ Specialist Bank Limited ● ● Cairns Penny ● ● ● ● The Capricornian ● ● ● ● ● Central Murray Credit Union ● ● ● ● ● Central West Credit Union ● ● ● ● ● *Bank chooses to send account transactions to Xero once a month XERO.COM/BANK-FEEDS Financial Institutions Transactional Savings Term Deposit Loans Credit Cards Other Churches of Christ Financial Services (CCFS) ● ● ● ● N/A CIRCLE Alliance Bank ● ● ●
    [Show full text]
  • Beyond-Bank-Annual-Report-2013
    Annual Report 2013 Contents Snapshot 4 A Snapshot of Our Year 5 Our Achievements 6 Report from the Chair and Chief Executive Officer 8 Board of Directors’ 14 Executive Team 16 Corporate Governance 22 Directors’ Report Financial Reports 24 Contents 25 Auditor’s Independence Declaration and Directors’ Declaration 26 Independent Audit Report 27 Statements of Profit or Loss and Other Comprehensive Income 28 Statements of Financial Position 29 Statements of Changes in Equity 30 Statements of Cash Flows 31 Notes to the Financial Statements Sustainability Snapshot 76 Sustainability Snapshot 88 Glossary of Terms and Acronyms 2013 Annual General Meeting Members are reminded that the Annual General Meeting of the members of Beyond Bank Australia will be held at The Victoria Room, Hilton Adelaide, 233 Victoria Square, Adelaide, South Australia on Tuesday 26 November 2013 commencing at 6pm (ACDT). Registration will open at 5:30pm (ACDT). Environmental Sustainability Beyond Bank Australia cares about its community and is committed to environmental sustainability which is why this Annual Report has been printed on carbon neutral stocks that contain recycled content and are elemental chlorine free. 3 A Snapshot of our year We are proud of Beyond Bank Australia (a trading name meaningful community initiatives and Our Community Reward Account is a of Community CPS Australia Limited) is personalised professional business services. savings account that delivers benefits to our our achievements one of the largest and most respected members while allowing them to generously With our rebrand, our website and Internet 100% customer-owned banks in Australia. support local charities, not-for-profits and Banking facility also had an upgrade.
    [Show full text]
  • AGM Chairman's Address and Presentation
    ASX RELEASE 26 November 2019 AGM Chairman’s Address and Presentation Sydney, Australia; 26 November 2019: Attached is the Chairman’s address together with the presentation to the Annual General Meeting of Cashwerkz Limited (ASX: CWZ), to be held at 11:30am today. The AGM will be recorded and audio will be available via our website today. To access the meeting, participants can register via the following link: https://zoom.us/meeting/register/7d91299a127edd4234538d7d4481ef37 Further Details: John Nantes Executive Chair [email protected] Cashwerkz Limited The Cashwerkz Limited group of companies delivers an innovative online cash management marketplace in term deposit and At Call, whilst providing funding to over 49 Authorised Deposit taking Institutions and servicing financial advisers, direct investors, wholesale and institutions. Listed on the Australian Securities Exchange (ASX: CWZ) the group is headquartered in Australia. Cashwerkz Technologies Cashwerkz Technologies Pty Ltd (Cashwerkz Technologies) leverages the latest technology to deliver an innovative and streamlined approach to investing in At Call accounts, term deposits and bonds, meeting the growing demand for a trusted, reliable and secure online platform direct investors and financial professionals can manage their defensive assets and transact cash investments seamlessly. Cashwerkz Technologies is a subsidiary of its parent company, Cashwerkz Limited alongside fixed interest solution experts, RIM Securities. RIM Securities RIM Securities established over 15 years ago, is the independent fixed income specialist arm of Cashwerkz Limited. RIM securities have extensive experience in searching for the value to deliver stable income solutions to all types of investors who require custom solutions or access to wholesale markets across cash, term deposits and fixed bonds and floating rate notes.
    [Show full text]
  • Beyond Bank Annual Report 2014
    Annual Report 2014 Contents Snapshot 4 A Snapshot of Our Year 5 Our Achievements 6 Report from the Chair and Chief Executive Officer 8 Board of Directors 14 Executive Team 16 Corporate Governance 22 Directors’ Report Financial Reports 24 Contents 25 Auditor’s Independence Declaration and Directors’ Declaration 26 Independent Audit Report 27 Statements of Profit or Loss and Other Comprehensive Income 28 Statements of Financial Position 29 Statements of Changes in Equity 30 Statements of Cash Flows 31 Notes to the Financial Statements Sustainability Snapshot 76 Sustainability Snapshot 88 Glossary of Terms and Acronyms 2014 Annual General Meeting Members are reminded that the Annual General Meeting of the members of Beyond Bank Australia will be held at The Victoria Room, Hilton Adelaide, 233 Victoria Square, Adelaide, South Australia on Tuesday 25 November 2014 commencing at 6pm (ACDT). Registration will open at 5:30pm (ACDT). Environmental Sustainability Beyond Bank Australia cares about its community and is committed to environmental sustainability which is why this Annual Report has been printed on carbon neutral stocks that contain recycled content and are elemental chlorine free. To help us save precious resources, please contact us to receive future correspondence in an electronic format. 3 A Snapshot of our year We are proud of Beyond Bank Australia is one Australia’s Capital Adequacy, which is a measure of Supporting the Community top three customer-owned banks with more the financial strength of the organisation, our achievements than 190,000 customers, 584 employees, increased to 16.7%. This further reinforces Community is at the core of our 47 branches across Australia and assets our view that the overall result for the organisation.
    [Show full text]
  • Financial Services Guide
    Effective 1 September 2021 Financial Services Guide. With branches nationally, Beyond Bank is committed to providing the other way to bank. To do this, we build long-lasting relationships with our customers, helping them to achieve their financial and lifestyle goals. We also support a range of not-for-profit organisations throughout the communities in which we operate. We are 100% owned by our customers, so we are not answerable to financial shareholders. As a result, we’re able to return our surplus funds to our customers in the form of better services, customer advantages and investment in the community. Index Information About This Financial Services Guide............... 2 Other documents you may be given............................... 2 Product Guide ............................................................... 2 Fees and Charges Booklet ............................................ 2 Interest Rate Board ....................................................... 2 Product Disclosure Statement ....................................... 2 Statement of Advice ...................................................... 3 Credit Guide, Loan Offers and Contracts ....................... 3 Our Australian Financial Services Licence ......................... 3 Banking ......................................................................... 3 Insurance ...................................................................... 4 Superannuation ............................................................. 4 Financial Planning ........................................................
    [Show full text]
  • Female Participation on Boards of Australian Owned Banks, Building Socities and Credit Unions Alphabetic by Entity
    Female participation on boards of Australian Owned Banks, Building Socities and Credit Unions Alphabetic by Entity No. Total % female Entity Chair female directors directors directors AMP Bank Ltd Mr David Murray AO 11 2 18.2% Australia and New Zealand Banking Group Ltd Mr David Gonski AC 9 3 33.3% Australian Central Credit Union Ltd (trading as People's CHoice Credit Union) Mr Michael Cameron 7 4 57.1% Australian Military Bank Ltd Mr JoHn Brooks 7 1 14.3% Australian Mutual Bank Mr Hans Kludass 8 3 37.5% Australian Settlements Limited Mr Graeme Willis 7 1 14.3% Australian Unity Bank Ltd Mr Peter Promnitz 7 1 14.3% Auswide Bank Ltd Mr JoHn HumpHrey 5 1 20.0% B&E Ltd (trading as Bank of us) Mr StepHen Brown 6 2 33.3% Bananacoast Community Credit Union Ltd Mr Paul Marshall Gabb 10 3 30.0% Bank Australia Ltd Ms JuditH Downes 8 5 62.5% Bank of Queensland Ltd Mr Patrick Allaway 9 3 33.3% Bendingo and Adelaide Bank Ltd Ms Jacqueline Hey 9 4 44.4% Beyond Bank Australia Ms Sandra Andersen 7 3 42.9% BNK Banking Corporation Ltd (trading as Goldfields Money Ltd) Mr JonSutton 4 0 0.0% Cairns Penny Savings and Loans Limited Mr Michael Wenzel 6 2 33.3% Central Murray Credit Union Limited Mr JoHn Gorman 6 2 33.3% Central West Credit Union Limited C.L Berry 7 0 0.0% Coastline Credit Union Limited Ms Vanessa McNeilly 6 2 33.3% CommonwealtH Bank of Australia Ms CatHerine Livingstone AO 9 5 55.6% © WOB Australia Pty Ltd - www.womenonboards.net Data current as at 31 January 2020 Ref: www.apra.gov.au/register-of-autHorised-deposit-taking-institutions 1 Female participation on boards of Australian Owned Banks, Building Socities and Credit Unions Alphabetic by Entity No.
    [Show full text]
  • Riding out the Storm
    Riding out the storm Strong foundations and mainly enviable public-health performance have put Australian and New Zealand securitisers in a good position to come through the COVID-19 crisis. Government support is also playing a key role Incorporating Australian and in the Australian market. New Zealand Securitisation and Covered Bonds >> Issue 18 • 2020 Australia’s No1 Non-Bank* Over 65 years' experience of Looking out for you® Since establishment in 1952, La Trobe Financial has grown to be one of Australia’s leading Non-Banks with over $11 billion in assets under management. For nearly 7 decades we have been dedicated to providing financial solutions to meet the needs of our borrowers and investors whose financial needs are under-served by traditional institutions. Our experience, platforms and people make investing in residential and commercial mortgages readily accessible to investors, creating consistent, risk adjusted returns. To learn more visit Martin Barry Richard Parry www.latrobef inancial.com Chief Treasurer & Strategy Of f icer Deputy Treasurer or call our treasury team +61 2 8046 1502 +61 3 8610 2847 [email protected] [email protected] La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence 392385 La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 Australian Credit Licence 222213 *La Trobe Financial was judged the 2020 Non-Bank Lender of the Year by Money magazine. An investment with La Trobe Financial is not a bank deposit, and investors risk losing some or all of their principal investment. CONTENTS Josh Frydenberg MP, treasurer, 2 WELCOME Government of Australia Incorporating Australian and New Zealand Securitisation Policy and outreach work by the Australian and Covered Bonds Securitisation Forum during a critical period >> Issue 18 • 2020 4 ASF UPDATE for the market.
    [Show full text]