DOCSLIB.ORG

September 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
September 2019 September 2019 Case studies, statistics, research and recommendations are provided "ASIS" and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. The actual costs, savings and benefits of any recommendations or programs may vary based upon your specific business needs and program requirements. By their nature, recommendations are not guarantees of future performance or results and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Stage3 is not responsible for your use of the information contained herein (including errors, omissions, inaccuracy or non-timeliness of any kind) or any assumptions or conclusions you might draw from its use. Stage3 makes no warranty, express or implied, and explicitly disclaims the warranties of merchantability and fitness for a particular purpose, any warranty of non-infringement of any third party's intellectual property rights. To the extent permitted by applicable law, Stage3 shall not be liable to a client or any third party for any damages under any theory of law, including, without limitation, any special, consequential, incidental or punitive damages, nor any damages for loss of business profits, business interruption, loss of business information, or other monetary loss, even if advised of the possibility of such damages. 30% $970,000 $9 $967,576 $8 $965,000 Millions 25% Millions $7 $960,000 20% $6 $955,000 $5 15% $950,000 Deposits Total $4 10% $3 $945,000 $2 5% $940,000 $1 0% $935,000 $- Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 $30,000 $1,000,000 • Despite the lower interest rates on deposits, the Household Deposit FUM grew by 0.5% $29,000 Millions Millions $950,000 • Despite being a SME focused neo-banks, Judo Bank has had hug growth in $28,000 consumer deposits off the back of their Term Deposits $900,000 $27,000 • No reported volume from either Volt or Xinja, with them obtaining their Total Deposits Total $26,000 licences in January and September respectively $850,000 Bendigo Deposits Bendigo Deposits Market $25,000 • Assumption that Up’s balances are sitting in Bendigo’s consumer household $800,000 deposit reporting rather than Commercia FI $24,000 • Bendigo’s deposit growth has outstripped market since the launch of Up, $23,000 $750,000 growing at 8% vs. 5.4% Source: APRA Monthly ADI Statistics 30% $1,730,000 $25 $1,728,202 $1,725,000 Millions 25% Millions $20 $1,720,000 20% $15 $1,715,000 15% $1,710,000 Deposits Total $10 10% $1,705,000 $5 5% $1,700,000 0% $1,695,000 $- Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Jul-20 • Consumer Home lending (investment & occupier) Market grew 0.23% 30.00% $40,500 MOM $40,000 25.00% Millions • Judo Bank the only neo-bank with reported lending, despite them being $39,500 an SME focused brand 20.00% • $39,000 Credit Card Market has declined due to lack of innovation in the sector 15.00% o Low Rate $38,500 o Low Fee 10.00% $38,000 o Rewards $38,031 o Yawn 5.00% $37,500 0.00% $37,000 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Source: APRA Monthly ADI Statistics 25% $580,000 25.00% $770,000 $577,753 $578,000 $768,000 Millions $576,000 Millions 20% 20.00% $767,530 $574,000 $766,000 $572,000 $764,000 15% 15.00% $570,000 $762,000 $568,000 10% 10.00% $566,000 $760,000 $564,000 $758,000 5% $562,000 5.00% $756,000 $560,000 0% $558,000 0.00% $754,000 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 • More jostling for position in Commercial Deposits across the Big 4, with the $35 $400 market growing at 0.45% MOM $30 $350 Millions Millions • Commercial Lending is where we are seeing the most disruption against the $300 $25 Big 4, with Rest of Market (i.e. everyone other than the top 7) accounting $250 $20 for 23% of the market $200 $15 $150 • Unsurprisingly, Judo Bank are growing their lending book at an incredible $10 $100 rate, although slower in their deposit book $5 $50 $0 $- Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Tyro Payments Limited Judo Bank Pty Ltd Tyro Payments Limited (lending) Judo Bank Pty Ltd (lending) Source: APRA Monthly ADI Statistics ✓ ✓ ✓ ✓ ✓ • NPP ✓ ✓ • Open Banking ✓ ✓ ✓ ✓ ✓ • NPP • Proposition based on website ✓ ✓ • Likely to have P2P launch ✓ ✓ • Savings through Term Deposit • Proposition based on website ✓ ✓ ✓ • Likely to have P2P at launch • Proposition based on website ✓ ✓ ✓ ✓ • Closed loop P2P • Batched BSB/Acc payments ✓ ✓ ✓ ✓ • Salary smoothing 50 45 Up 40 Thousands 35 86400 30 25 Volt 20 15 Xinja 10 5 0 10000 20000 30000 40000 50000 60000 70000 0 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Direct Referral Search Social Paid 88% 84% 87% 76% 76% 83% 84% 77% 1 Not enough data for Archa, Judo, Douugh and Wildcard Source: Google; SEMRush Wildcard Wildcard Douugh Douugh Xinja Xinja Archa Archa 86400 86400 Judo Judo Volt Volt Up Up 0 2,000 4,000 6,000 8,000 10,000 12,000 0 10 20 30 40 50 Facebook Twitter Instagram Facebook Twitter Instagram • Up have been doing a great job in getting their brand outside of the Wildcard FinTech bubble, resulting in the largest Audience Douugh Xinja • Up’s audience is also quite diverse without being overly weighted to one Archa platform 86400 • Some brands are just not working hard enough in social, which could be Judo costly, particularly if they are intending on capturing a younger audience Volt Up 0 500 1000 1500 2000 2500 Facebook Twitter Instagram Source: Facebook, Twitter, Instagram, SEMRush Monzo Monzo Revolut Revolut Up Xinja 0 50 100 150 200 250 300 350 400 450 Thousands 0 20 40 60 80 100 120 140 160 Facebook Twitter Instagram Facebook Twitter Instagram • The highest performing Australian neo-bank in each metric against Monzo Revolut and Monzo to give some perspective • All under-weight in Instagram activity, with Monzo getting great engagement from their activity Revolut • Activity = Engagement • Despite Monzo having a smaller Audience, through being present more Xinja often their customers and potential customers engaged with them more 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 Facebook Twitter Instagram Source: Facebook, Twitter, Instagram, SEMRush Influencers Influencers Influencers Influencers Authentic Authentic Authentic Authentic Mass Followers Mass Followers Mass Followers Mass Followers N= 1556 Suspicious N= 1307 Suspicious N= 312 Suspicious N= 3682 Suspicious Influencers Influencers Influencers Influencers Authentic Authentic Authentic Authentic Mass Followers Mass Followers Mass Followers Mass Followers N= 140 Suspicious N= 755 Suspicious N= 93 Suspicious N= 271 Suspicious Source: Slix Social • • • • • • • • Source: Facebook • • • • • • Source: Facebook x5 x6 x6 x6 x6 x6 x6 x6 Source: Facebook x6 x6 • • • • x6 • Source: Facebook • • • • • • • • • • • • • • • One Ad live in the US 1) Bring up the ‘All Tools’ menu by hitting the burger menu 2) Select Page Posts 3) Select Ad Posts 4) Copy the Post ID 1 2 3 4 1) Use ‘Use Existing Post’ 2) Hit the ‘Enter Post ID’ link (the ‘Select Post’ option can be hit and miss) 3) Paste the Post ID in 4) Publish! • Xinja • Volt Bank • 86400 • ANZ bank login • Up • n/a • Volt Bank • Volt Bank • Xinja bank • Up Bank • 86 400 • Online banking • Up Bank • Volt • Fintech Australia • Xinja share price • Xinja • 86 • Banks • Up Money • Volt Bank Australia • Brighte • Xinja money • Volt • 86400 bank • Banking royal • Up App • Volt Bank ASX • 86400 • Rules • Open Bank • 86 400 bank commission • Up Card • The Volt • Raiz Investment • Xinja apple pay • 86400 • 86400 pty ltd • ANZ bank open hour • Up Bank Australia • What is Volt Bank • Xinja • Xinja app • Open Banking Australia • 86400 logo • AMP royal commission • Up Debit Card • New Bank • Revolut Australia • Neobank • Money Savings App • 86400 seconds • BOQ mobile banking • Up Bank Review • New Banks in Australia • Raiz Fees • Monzo bank Australia • Revolut Australia • Christina Seppelt • Banking royal • Bendigo Bank Login • New Bank Australia • DiviPay • Neo Bank • Smartbank online commission website • Up Digital • Digital Bank Australia • Airwallex • NAB savings interest rates • Westpac personal banking June-18 • Cryptocurrency • Litecoin • Bitcoin Australia • Crypto news • Bitcoin ATM • Bitcoin news • Earn Bitcoin • Bitcoin stock • Xinja Bank • Opening a bank account in Australia 100 points 1The estimated monthly cost to rank for the keywords in Google Ads. Not an indication of ad spend. 2 Not enough data for Archa, Judo, Douugh and Wildcard Source: Google, SEMRush By purchasing competitor keywords, you are likely taking a customer from Bottom of Funnel and hoping to intercept them and take them through the funnel…. Again. “What Banks are in Australia” “Best bank account in Australia” “How to open a bank account in Australia” “Open Up Bank account” Branded search terms are the Holy Grail of Search marketing and demonstrates high-purchase intent But don’t forget to put a lot of time and efforts into negative keywords. These help sculpt what ads are presented to the user. New Bank Competitors Brand 70% Ad Budget 25% Ad Budget 5% Ad Budget SKAG – Open New Bank Account SKAG – Best Bank Account Competitors Brand Search • +Open +New +Bank +Account • +Best +Bank +Account • “Competitor” • +Brand • “Open New Bank Account” • “Best Bank Account” • [Competitor] • “Brand” • [Open New Bank Account] • [Best Bank Account] • -brand • [Brand] • -Competitors • -Competitors • -Brand • -Brand • • -Best Bank Account Ad Sculpting -Open New Bank Account .
Load more

Recommended publications
  • Financial Stability Review April 2021
    Financial Stability Review APRIL 2021 Financial Stability Review APRIL 2021 Contents Overview 1 1. The Global Financial Environment 5 Box A: The Transition Away from LIBOR 16 2. Household and Business Finances in Australia 23 Box B: Risks in Retail Commercial Property 32 3. The Australian Financial System 37 Box C: What Did 2020 Reveal About Liquidity Challenges Facing Superannuation Funds? 48 4. Domestic Regulatory Developments 53 5. Copyright and Disclaimer Notices 59 The material in this Financial Stability Review was finalised on 8 April 2021 and uses data through to 8 April 2021. The Review is published semiannually and is available on the Reserve Bank's website (www.rba.gov.au). The next Review is due for release on 8 October 2021. For copyright and disclaimer notices relating to data in the Review, see the Bank's website. The graphs in this publication were generated using Mathematica. Financial Stability Review enquiries: Secretary's Department Tel: +61 2 9551 8111 Email: [email protected] ISSN 1449–3896 (Print) ISSN 1449–5260 (Online) © Reserve Bank of Australia 2021 Apart from any use as permitted under the Copyright Act 1968, and the permissions explicitly granted below, all other rights are reserved in all materials contained in this publication. All materials contained in this publication, with the exception of any Excluded Material as defined on the RBA website, are provided under a Creative Commons Attribution 4.0 International License. The materials covered by this licence may be used, reproduced, published, communicated to the public and adapted provided that the RBA is properly attributed in the following manner: Source: Reserve Bank of Australia 2021 OR Source: RBA 2021 For the full copyright and disclaimer provisions which apply to this publication, including those provisions which relate to Excluded Material, see the RBA website.
    [Show full text]
  • The Rise of the Neo-Bank
    The rise of the neo-bank yieldreport.com.au/insights/the-rise-of-the-neo-bank/ 13 January 2020 By guest contributor Jake Jodlowski, Principal, Atchison Consultants Given the continued reputational damage suffered by the big four Australian banks throughout and post the Banking Royal Commission hearings, bank customers and investors may be looking for alternatives. Whilst still in its infancy, Australia’s banking and credit start-up sector has grown leaps and bounds in recent years, with Afterpay Touch Group (ASX: APT) and Zip Co Limited (ASX: ZIP) being high-profile examples. Although the “buy-now, pay-later” (BNPL) sector has received most of the media coverage, the development of so-called “neo-banks” has also started to gain momentum. Neo-banks are best described as traditional banks without a bricks and mortar presence, with their entire offering supplied through digital means, usually through an app and on-line platform. They are fully functioning deposit-taking institutions and therefore fall under the supervision of the Australian Prudential Regulation Authority (APRA). APRA must provide a license before an institution may accept customer deposits. An unrestricted banking license permits a corporation to operate as a “banking business” and therefore an authorized deposit-taking institution (ADI) without restrictions under the Banking Act 1959. Part 5 of the Banking Act defines “banking business” as consisting of both taking deposits (other than as part-payment for identified goods and services) and making advances of money, as well as other financial activities prescribed by regulations made under the Banking Act. The arrival of neo-banking in Australia follows the emergence of start-up banks like Monzo and Starling in the UK.
    [Show full text]
  • Market Insight – October 2020
    SYDNEY MELBOURNE Level 15 Level 9 60 Castlereagh Street 41 Exhibition Street SYDNEY NSW 2000 MELBOURNE VIC 3000 Tel 61 2 9235 9400 Tel 61 3 9653 8600 Market Insight – October 2020 The Road Out Returning to Normal There is movement at the station for the word had passed around… that the market is open and the city of Sydney is keenly welcoming back its workforce. Ok, so not back to full capacity just yet, but we have seen a number of funds, banks & professional services firms return in some form to the office – week on/week off, book your desk with capacity % limits, split teams & floors, the list goes on. As a result, the corresponding increase in face to face meetings in offices, coffee shops or even over lunch - dare we say it is feeling almost a little more “normal“ around town. We at JMES have a sense that many are yearning to be back in the office in some form. The camaraderie created by spending time with colleagues side by side in the trenches surely trumps the back to back monotony of non-stop Zoom calls tied to a laptop at home. So, what next for 2021? We have all seen the high-profile new entrants in Barrenjoey & Jarden providing some market disruption. But there have also been other good examples of clients (funds, banks, corporates and government agencies) committed to completing hiring processes in Q3 and into Q4 – so whilst certainly not back to 2019 volumes, there is positive hiring momentum. A number of our clients have kicked off processes to ensure starters in place for Q1 of 2021, and notably, these are not just replacement hires but newly created roles, surely providing a level of confidence heading into the new year.
    [Show full text]
  • Infrastructure 55 Energy 77 Technology 92 Commodities 107 Renewables 118
    Macquarie Group Contents Macquarie at a glance 3 Our culture Our business approach 14 Our community engagement 25 Our global presence Australia and New Zealand 34 Asia 37 Europe, the Middle East and Africa 47 Americas 51 Our expertise in focus Infrastructure 55 Energy 77 Technology 92 Commodities 107 Renewables 118 © Macquarie Group Limited Macquarie at a glance Global financial group Diverse business mix • Headquartered and listed in Australia Located in 31 markets, we conduct • Top 10 Australian company1 a mix of annuity-style and markets-facing • ~£14 billion market capitalisation activities that deliver solid returns in a range of market conditions • 15,849 employees in 31 markets • £299.7 billion assets under management Long-term orientation Outcome-focused culture • 51 years of unbroken profitability • Opportunity for our clients, • 29 years MBL S&P ‘A’ credit rating2 communities and staff • Strong funding and capital position • Accountability for outcomes • Integrity in everything we do All figures at 31 March 2020 throughout presentation, unless otherwise stated. 1. Based on market capitalisation. Sourced from Bloomberg 31 March 2020. 2. Upgraded to A+ in 11 December 2019. © Macquarie Group Limited 3 Global financial group Australia and Asia New Zealand % % of 33total income1 of total13 income1 London People People 6,6702 4,0142 Hong Kong Assets under management Assets under management New York £57.5 billion £33 billion employing 7,000+ people3 employing 50,000+ people3 Europe, the Middle Americas East and Africa Sydney % % of 29total income1 of 25total income1 people4 in People People 15,849 Locations 2 2,4092 2,756 Regional headquarters 2 Assets under management Assets under management 31 markets £65.2 billion £144 billion employing 57,000+ people3 employing 27,000+ people3 1.
    [Show full text]
  • Australian Major Banks FY2019 Results
    Challenges, choices and complexities Australian major banks F Y2019 results November 2019 “Bankprofitabilityisunderthreat,ROEhashalved overthepast15years.NIMshavehalvedoverthat period.Wearenowmuchclosertoourcostof equity.Theabilitytoholdthemachinetogetheras itis...isunsustainable.Ithinktheideathatthese universal,mass-marketbanksaregoingtocontinue tothrive,Idon’tagreethat’sthecase.Iamnot sayingthere’sgoingtobenone,butIdon’tbelieve thatthisissustainableinthefuture.’’ Shayne Elliott CEO,ANZi Growthwasa challenge Efficiencyiscritical Cashprofitdeclinedby Total income Total expenses declined by 3.7% increased by 0.8% 7.8% Creditriskincreasing Lendinggrowthhasslowed OntracktomeetAPRA’s ‘unquestionablystrong’ (90DPD+GIA)/GLA Total average increased by interest earning CET1 14 bps assets 3.3% target of 10.5% Source:FY2019resultsandinvestorpresentationsforANZ,CBA,NABandWBC:Deloitteanalysis. Challenges, choices and complexities | Australian major banks FY2019 results Majorbanks:FY2019results AtypicalAustralianbankingreportingseasonafewyearsago Ontopofthis,bankshavehadtoimplementAPRA’sBanking wascharacterisedbyhighretailbankingReturnonEquity ExecutiveAccountabilityRegime(BEAR)effectivefrom1July2018. (ROE),positivejaws,lowerbaddebts,andabovesystem Withintensivecompetitivepressuresfrominternationalbanks mortgage growth. and non-traditionalplayers;‘zerobound’interestanddepositrates; SolidGDPgrowth,highimmigrationintake,andaresilientjob highercapitalrequirementsforNZbusinesses;continuedlarge markethaveprovidedafavourablebackdroptotheAustralian remediationprograms,andthepermanentincreaseinregulatory
    [Show full text]
  • (2019). Bank X, the New Banks
    BANK X The New New Banks Citi GPS: Global Perspectives & Solutions March 2019 Citi is one of the world’s largest financial institutions, operating in all major established and emerging markets. Across these world markets, our employees conduct an ongoing multi-disciplinary conversation – accessing information, analyzing data, developing insights, and formulating advice. As our premier thought leadership product, Citi GPS is designed to help our readers navigate the global economy’s most demanding challenges and to anticipate future themes and trends in a fast-changing and interconnected world. Citi GPS accesses the best elements of our global conversation and harvests the thought leadership of a wide range of senior professionals across our firm. This is not a research report and does not constitute advice on investments or a solicitations to buy or sell any financial instruments. For more information on Citi GPS, please visit our website at www.citi.com/citigps. Citi Authors Ronit Ghose, CFA Kaiwan Master Rahul Bajaj, CFA Global Head of Banks Global Banks Team GCC Banks Research Research +44-20-7986-4028 +44-20-7986-0241 +966-112246450 [email protected] [email protected] [email protected] Charles Russell Robert P Kong, CFA Yafei Tian, CFA South Africa Banks Asia Banks, Specialty Finance Hong Kong & Taiwan Banks Research & Insurance Research & Insurance Research +27-11-944-0814 +65-6657-1165 +852-2501-2743 [email protected] [email protected] [email protected] Judy Zhang China Banks & Brokers Research +852-2501-2798
    [Show full text]
  • September 2018
    The definitive source of news and analysis of the global fintech sector | September 2018 www.bankingtech.com ELEMENTS OF FINTECH Pure in substance FOOD FOR THOUGHT Ecosystem is not a safe word EXCLUSIVE INTERVIEW: YVES TYRODE, BPCE A whole new digital strategy FINTECH FUTURES BT_AFS Transformation Partner_Final_Layout 1 8/20/2018 9:42 AM Page 1 IN THIS ISSUE Your Core Lending Transformation Partner With hundreds of implementations on time and on budget. Contents AFS System Capabilities •End-to-End Credit Processing NEWS 04 The latest fintech news from around the globe: •Scaleable & Agile the good, the bad and the ugly. •Mobile Enabled 17 Interview: Serena Smith, FIS Being at the heart of the exciting, changing •Real-Time world of payments. •Digital 18 PayTech Awards 2018 Celebrations, winners, photos – all the best bits! •RPA, ML & AI 22 Lendtech vendor spotlight: AFS Innovating and transforming the credit •Data Integrity process globally. •Cyber Security & Risk 23 White paper The state of IT incident response in financial services. •Web Services/APIs for Bank Ecosystem 30 Food for thought •And Much More Fellow bankers: “ecosystem” is not a “safe word”. 33 Spotlight: Sunrise Banks A US bank that is “social enterprise first”. AFS is where technological innovation meets financial services expertise, 34 Case study: Afghanistan International Bank offering the latest in core lending with advanced credit process Facing challenges far more extreme than most banks around the globe. management that is operational in multiple, large banks. We provide 38 Interview: Yves Tyrode, BPCE unique, industry-leading solutions with proven successes to help you On a mission to deploy a whole new digital strategy.
    [Show full text]
  • Xinja’S Response to Treasury’S Consultation on Reducing Barriers to New Entrants to the Banking Sector - Removing Restrictions on the Use of the Term 'Bank'
    Xinja’s Response to Treasury’s Consultation on reducing barriers to new entrants to the banking sector - removing restrictions on the use of the term 'bank' Submitted via email to [email protected] ​ 27 July 2017 Introduction Xinja welcomes the opportunity to respond to proposed amendments to the Banking Act, per the Exposure draft Treasury Laws Amendment (2017 4 Measures No. 8) Bill 2017: amendment to 5 section 66 of Banking Act. Xinja strongly supports the current proposals to lift the existing prohibition on the use of the word 'bank' by authorised deposit-taking institutions (ADIs) with less than $50 million in capital. We believe this will remove a significant commercial barrier to entry and enable the banking sector to enjoy the growth in technology and innovation already embraced by other sectors without such significant capital barriers to entry. Xinja is building Australia’s first neobank, designed to be 100% digital and made entirely for mobile, from the ground up with customer interests at heart. We are not a bank yet, but we want to be. Xinja is working in partnership with APRA and ASIC to become a bank and obtain an AFSL and ACL. This will enable Xinja to provide a full range of retail banking products and services (eg. transaction accounts, savings accounts, home loans). Having recently completed our seed and Series A funding round, we are keen to share our experience of becoming a new entrant to the Australian banking system. Xinja was created with the belief that it’s time for Australians to enjoy the benefits of banking competition, innovation and quality of service already enjoyed by customers in other parts of the world.
    [Show full text]
  • Easy Saver Account Product Schedule
    Easy Saver Account Product Schedule This Product Schedule is a legal document that forms part of the Product Disclosure Statement. The Easy Saver Account is our flexible savings account that lets you earn interest on balances up to $50,000.99. With less BS (Bank Stuff), make withdrawals via your linked Bankwest Easy Transaction Account and no minimum monthly deposit. Introduction Bankwest Colleague: Welcome to our Easy Saver Account Product Schedule. I’m Bankwest’s fine print whisperer, I’m here to help you make sense of all the bank stuff. Bryce: Great. What’s in it for me? Bankwest Colleague: We want to let you know how your account works and be clear on the terms. We’ll try and keep it as interesting as possible. Bryce: Great. By the way, is this where I find the info about banking with Bankwest? Bankwest Colleague: Correct. There are a number of documents, including this Product Schedule, that make up the ‘Product Disclosure Statement’ for this account. These include the following documents which you will be provided with. • Investment and Transaction Accounts Terms & Conditions • Banking Services Rights & Obligations • Account Access Conditions of Use • Your Guide to Banking Fees. Keep these for future reference, just in case. We’ll also send you a Welcome Letter, which includes account and interest rate details (including balance tiers). Bankwest, a division of Commonwealth Bank of Australia Page 1 of 4 Version 1 ABN 48 123 123 124 AFSL / Australian credit licence 234945 26 July 2021 About the Easy Saver Account Bryce: What do I need to open an Easy Saver account? Bankwest Colleague: We’re happy to open this account for you, as long as: • You’re real person (i.e.
    [Show full text]
  • Vote in Favour of the Bcu Merger Resolution at the General Meeting*
    The bcu Directors unanimously recommend that you vote in favour of the bcu Merger resolution at the General Meeting* A Notice of General Meeting is included as Annexure A to this Member Booklet, and a proxy form for the bcu General Meeting accompanies this Member Booklet. Opportunity for The bcu General Meeting will be held at 10.00am our future (New South Wales time) on Tuesday 22 October 2019 at C.ex Coffs, 2-6 Vernon Street, Coffs Harbour. The Australian Prudential Regulation Authority (APRA) has Member Booklet approved this Member Booklet pursuant to Rule 9 of the Transfer Rules. In deciding whether to approve this Member Booklet, APRA has consulted with the Australian Securities For the proposed Merger of and Investments Commission (ASIC). Neither APRA nor ASIC accepts any responsibility for the accuracy or otherwise Bananacoast Community of any of the matters contained in this Member Booklet Credit Union Ltd (bcu) with or attached to this Member Booklet. Police & Nurses Ltd (P&N Bank) *Subject to there being no Superior Proposal Member Booklet 1 Important notices Purpose Defined terms This document contains information for bcu Members relating to Capitalised terms and certain abbreviations used in this document have bcu’s proposed Merger with P&N Bank and will assist bcu Members in the defined meanings set out in section 7 of this document. deciding how to vote on the bcu Merger Resolution at the bcu General A number of figures, amounts, percentages, prices, estimates, Meeting. The information comprises the information document calculations of value and fractions in this document are subject to the which is legally required to be provided to bcu Members under the effect of rounding.
    [Show full text]
  • Macquarie Cash Solutions Deposit Receipt
    Macquarie Cash Solutions Deposit Receipt Hendrik is apprentice and strickle extrinsically while cubist Brook overrakes and pull-through. Agustin remains inaccurate after Hewet unsheathe patrimonially or sobbed any perdurability. Piniest Leopold unfold humorously. Mglaudocs-pabrochurescash-management-account-application-formpdfv31. The Cash Settlement Amount in second case for Cash Settled Warrants or the difference. Lost Time Injuries resulting in a compensable claim six million workhours. Fund means macquarie cash deposits, including tax records of fee disclosed to. It operates through two segments Secure Solutions and Cash Solutions The Secure. On receipt of superannuation portability arrangement with so that macquarie cash solutions deposit receipt of access your transactions on cash. Investments results and macquarie cash solutions deposit receipt and. Httpswwwmacquariecomauadviserssolutionsmacquarie-cash-. Cheque minimum 500 you can deposit cheques at Macquarie offices or see branch of. To Delaware Investments Fund Advisers a void of Macquarie Investment. Many bank accounts for funds to be unable to currency translation movements may nevertheless, cash solutions for tax may be realised for the. A Macquarie Cash Management Account CMA is the centre of your investment portfolio It allows you score move funds in than out within an place of complete visibility and control. And other services to third parties at the marine terminals in the. The receipt of deposits, or other fees and client service providers to top tech companies in relation to their identification requirements which is currently choose. CTI Towers, Active Banking, and certain investments that great neither liable for strategic reasons nor aligned to an Operating Group. Advisory services please review Item 5 of conviction Form ADV Part 2A which action available please request.
    [Show full text]
  • 2020 Full Year Presentation
    Presentation to investors and analysts Result announcement for the full year ended 31 March 2020 8 May 2020 Macquarie I FY20 result announcement I macquarie.com Disclaimer The material in this presentation has been prepared by Macquarie Group Limited ABN 94 122 169 279 (MGL) and is general background information about Macquarie’s (MGL and its subsidiaries) activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. The material contained in this presentation may include information derived from publicly available sources that have not been independently verified. Information in this presentation should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. No representation or warranty is made as to the accuracy, completeness or reliability of the information. All securities and financial product or instrument transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This presentation may contain forward looking statements – that is, statements related to future, not past, events or other matters – including, without limitation, statements regarding our intent, belief or current expectations with respect to Macquarie’s businesses and operations, market conditions, results of operation and financial condition, capital adequacy, provisions for impairments and risk management practices.
    [Show full text]