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23 October 2019 • By Sarah Simpkins • 1 min read

ASIC, European regulator enter Aus benchmark agreement

ASIC has signed a memorandum of understanding (MOU) with the European Securities and Markets Authority (ESMA) to set out cooperation arrangements in ...

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Could algorithms destabilise the entire financial system?

This critical question was raised by the World Economic Forum as it considered the impact of artificial intelligence on financial services

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Average Aussie worth $562,000: Credit Suisse

Weaker real estate prices and the depreciation of the Aussie dollar against the US have reduced the number of millionaires in Australia over the last ...

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Equip, Catholic Super launch $26bn joint venture

Catholic Super and Equipsuper have merged to create a $26 billion venture, while hinting at potentially further consolidating with other ...

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A third of world banks are unprepared for a downturn

Over a third of the world’s banks lag on technology and scale, and are unprepared for an economic downturn, according to global consultancy firm ...

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AMP Capital raises record-breaking sum for infrastructure debt

AMP Capital has drawn on the interest of institutional investors to complete the largest ever round of capital raising for its infrastructural debt ...

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Fund manager says investors are missing after-tax alpha

Members of superannuation funds should be comparing more than pre-tax fund performance and looking at total after-tax returns, according to a fund ...

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‘Industry is watching’: REST climate action case to test super

The current climate risk litigation against retail industry fund REST will scrutinise standards around prudence and transparency for the ...

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Hong Kong recession won’t spread

Hong Kong could sink into a devastating recession but its impacts will be confined to the city-state, according to an analyst from Moody’s

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AMP Capital acquires US data centres

The Australian investment manager has boosted its US communications infrastructure holdings with a cloud and data center service provider acquisition

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