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American Express Australia has appointed a new managing director and chairman of the board.
Your Career | February 21st, 2012 | Continue reading » 
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Personal debt management company, Debt Rescue, has strengthened its team with the announcement of two appointments.
Your Career | February 21st, 2012 | Continue reading »
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ANZ has announced several senior management and organisational changes, including the departure of Peter Marriott, the group’s long-serving chief financial officer.
Your Career | February 16th, 2012 | Continue reading »
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Accounting and finance professionals will need to do more to convince employers they are worth their salaries as organisations look to manage rising wage bills.
Your Career | February 14th, 2012 | Continue reading »
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The general manager of broker platforms has announced he will leave the NAB-backed wholesale loan servicer Advantedge for an opportunity in the UK.
Your Career | February 14th, 2012 | Continue reading »
Americans choke on $1 coin stockpile
The UK newspaper The Telegraph reported recently that a mountain of 1.2 billion dollar coins is sitting unused in US government vaults because the American public is so attached to the traditional dollar bill. The US Mint has been producing vast numbers of the gold-coloured coins after being ordered to do so by Congress in 2005.
American taxpayers could save $500 million (A$524m) a year if they switched from paper dollars, which wear out quickly and must be replaced, to the more durable metal version, according to the US government accountability office.
Yet demand from banks for the coins has been so low that US$1.2 billion worth – which cost US$300 million to manufacture – are sitting in storage, an investigation by National Public Radio found.
According to The Telegraph, opinion polls show that three-quarters of the American public say they would prefer to carry on using the paper dollar bill, affectionately known as the “greenback”, which celebrates its 150th birthday next year.
Comment: AB+F Blog
Two early for reform celebration: The one-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act passing into law rolled quietly by last month... [more]
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