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06 May 2021 • By Reporter • 1 min read

NAB in $3.2bn profit

The bank has seen profits rise as credit impairment charges drop precipitously and will double its dividend as a result.  NAB has reported a first ...

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Willis Towers Watson launches private equities working group

Willis Towers Watson has signalled plans to explore opening up opportunities in private equities, with one focus to include restructuring funds in the ...

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ANZ won’t ‘blindly’ target cost cuts

ANZ chief executive Shayne Elliott said that he would not set “hard and fast” targets for cost cutting and that a better bank would not be delivered ...

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Sustainable funds top $27.9bn

Retail assets invested in Australian and New Zealand sustainable funds were close to reaching $28 billion at the end of the first quarter, rocketing ...

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Finance giants fail human rights test

AMP, Magellan, the big four banks and IOOF are among 22 ASX-listed financial firms that have scored poorly on a new human rights benchmark

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‘The politics here are horrendous’: Unpopular decisions needed for budget repair

Despite its “red hot recovery”, Australia will likely need to save in the order of $40 billion a year if it wants to get the budget back into balance ...

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Limiting internet searches heightens risk of market crash

Internet searching does not exacerbate investors’ biases – instead, it facilitates their ability to access and analyse information, new research has ...

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Will this time be different for AMP?

AMP has attempted to draw a line under its many misfortunes, but redemption won’t come easy for a company facing a challenge of this scale

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No austerity budget: Frydenberg

Treasurer Josh Frydenberg has indicated that the government won’t rest on its laurels in a major pre-budget update at the Australian Chamber of ...

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IOOF buoyed by market amid $2.4bn net outflows

IOOF has recorded more than $2 billion in net outflows across its advice and investment businesses, with the chief saying the group has been knocked ...

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