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05 November 2019 • By Sarah Simpkins • 1 min read

Super fund merger mania could risk members’ data

Australians’ retirement savings are set to become more exposed to cyber security breaches, a report has cautioned, as superannuation funds follow an ...

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IFM Investors buys US petroleum firm for $10bn

Industry super fund-owned IFM Investors has completed a $10 billion purchase of US petroleum distributor Buckeye Partners, in what has been labelled ...

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World’s most profitable company set to go public

Oil giant Saudi Aramco, which had a net income of $111 billion last year, is set to go public on Saudi Stock Exchange Tadawul. Saudi Aramco is the ...

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Westpac announces capital raise as profits slide

Westpac cash profits have fallen and the bank will cut its second-half dividend to 80 cents after a “challenging year” that saw its bottom line ...

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More rate cuts tipped for 2020: Finder

Two-thirds of experts and economists predict a cut at the Reserve Bank’s first meeting in 2020, but many believe that conventional monetary policy is ...

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Statement of agreed facts filed in NAB case

A statement of agreed facts and admissions has been filed in the Federal Court by ASIC, MLC Nominees and NULIS. The statement sets out facts that ...

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Super gender equality on the horizon

The gender split in superannuation has fallen to a historic low, with women holding the potential to reach the same retirement savings balances as ...

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November rate cut unlikely

A rate cut in November is less likely following the release of CPI data, but quantitative easing remains an option for the RBA. The Australian ...

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Aussie finance vulnerable to cyber-attack

Australian financial institutions are at greater risk of cyber attack than ever before due to their lucrative nature and outdated IT systems

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CBA completes CommInsure exit

The Commonwealth Bank of Australia has completed the sale its life insurance business CommInsure Life to insurer AIA Australia. The move comes ...

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