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regulation

04 October 2019 • By Reporter • 1 min read

Former NAB adviser jailed for three years

A former NAB adviser has been sentenced to three years imprisonment after he was charged by the District Court of NSW earlier this year for numerous ...

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APRA announces six new executive roles

The Australian Prudential Regulation Authority has announced a number of new executive appointments. The prudential regulator said the changes to ...

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Corporates to step up amid ‘mental health crisis’

A new report is urging corporate Australia to take the lead on addressing the nation’s mental health crisis, ahead of World Mental Health Day on 10 ...

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Magellan closes LIT IPO at $862m

Magellan Financial Group has to announced the closure of the initial public offering of the Magellan High Conviction Trust, which has indicatively ...

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Tariffs could herald new trade war

EXCLUSIVE The US has placed tariffs on European imports in a move that some believe could be the start of a new trade war. The US$7.5 billion ...

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APRA restructures, switches up leadership team

APRA has made a number of new executive appointments, as part of its new organisational structure with separate supervisory divisions monitoring ...

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Treasurer slams big four for holding back full cut

Treasurer Josh Frydenberg has blasted all four major banks for failing to pass on the full 25 bps rate cut from the Reserve Bank, saying they have “a ...

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Westpac chewing over closing Qld branches

Westpac has confirmed it has proposed closures for six of its 18 St George branches in Brisbane, a result of a “significant decline” with more ...

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World GDP growth to hit 8-year low

The outlook for the global economy has eroded significantly due to escalation in the US-China trade war according to Fitch Ratings, with the credit ...

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NAB’s ‘hefty’ remediation bill won’t hit dividends

A top banking analyst says the major bank’s recently announced remediation costs are only 2 per cent of the company’s value and are unlikely to impact ...

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