• Headwinds blowing fiercely for the banking industry

    Australia’s four major banks have released results showing returns remain under pressure for the foreseeable future as a result of remediation-related cost increases and slower income growth, with headline cash earnings dropping 5.5 per cent year-on-year to $29.5 billion after the record $31.2 billion delivered in 2017.

    PwC’s 2018 Major Banks Analysis found return on equity has fallen to 12.5 percent, the lowest since the GFC, as significant customer remediation and regulatory, compliance and restructuring costs materialised. This is despite bad debt expenses hitting record lows, some momentum in business credit growth, and efforts to improve productivity.

    PwC Australia’s Banking and Capital Markets Leader, Colin Heath says the full year results show the impact of ongoing economic, competitive and conduct challenges, especially the impact of ongoing regulatory reform.

  • One third of Australian men struggling with work/life balance

    With International Men’s Day in November, Workscore has analysed data from their unique, rolling online survey to understand the impact of work on the wellbeing of men. More than 3,000 male participants generated over 180,000 data points to provide interesting insights into how men perform at work.

  • Lehman Brothers Inc. Trustee Reports on Final Phase in Winding Down Estate

    James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act (SIPA) and of the law firm Hughes Hubbard & Reed LLP, today reported on the state of the LBI estate to the United States Bankruptcy Court for the Southern District of New York, the Honorable Shelley C. Chapman, presiding. The Trustee reported that the estate is in the final phase of completion.

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CMA Events Calendar

  • 01 Oct 2018 - 07 Oct 2018   CMA Train-the-Trainer Program, conducted by STRACC Learning LLP in Bangalore, India

  • 13 Oct 2018 - 19 Oct 2018   CMA Preparatory Program, IPMI Business School, Jakarta, Indonesia

  • 19 Oct 2018 Accounting Hall of Fame & Management Accounting Hall of Fame Awards 2017, Gala Dinner, Phnom Penh, Cambodia

  • 20 Oct 2018 - 23 Oct 2018   6th CMA Preparatory Program, Ruwan Hulugalle and Company, Phnom Penh, Cambodia

  • 29 Oct 2018 ICMA Australia Annual General Meeting, Melbourne, Australia

  • 15 Nov 2018 CMA Graduation Convocation, Academy of Finance, Colombo, Sri Lanka

  • 17 Nov 2018 - 24 Nov 2018   24rd CMA Preparatory Program, SMART Education Group, Dubai, UAE.

  • 20 Jan 2019 - 26 Jan 2019   1st CMA Train-the-Trainer Program, conducted by Ra-Kahng Associates Ltd, Bangkok, Thailand

  • 03 Feb 2019 - 09 Feb 2019   CMA Intensive Program at Mercu Buana University Jakarta, Indonesia, organised by Inspire Consulting.

  • 04 Mar 2019 - 06 Mar 2019   1st CMA Train-the-Trainer Program, conducted by Workplace Skills Development Academy (WSDA), Dhaka, Bangladesh

  • 06 Mar 2019 - 13 Mar 2019   1st CMA Train-the-Trainer Program, conducted by STRACC Learning LLP in Bangalore, India

  • 10 Mar 2019 - 13 Mar 2019   1st CMA Train-the-Trainer Program, conducted by Workplace Skills Development Academy (WSDA), Dhaka, Bangladesh

  • 16 Mar 2019 - 24 Mar 2019   CMA Preparatory Program, Academy of Finance, Colombo, Sri Lanka