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04 November 2019 • By Sarah Simpkins • 1 min read

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financial institutions are at greater risk of cyber attack than ever before due to their lucrative nature and outdated IT systems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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Macquarie profits down 13% in second half

Macquarie Group has posted a net profit after tax of $1.5 billion for the half year ended 30 September, down 13 per cent on the half year ended 31 ...

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ANZ profit flatlines, warns more challenges ahead

ANZ produced a profit of $6.47 billion for the full year, staying flat year-on-year, with chief executive Shayne Elliott citing low rates, increased ...

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Retail sales lowest in 15 years: Challenger

Industry sales by Challenger’s retail distribution partners are the lowest they have been in 15 years, due to a wave of fluctuation through the ...

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Aussies most anxious about retirement: Franklin Templeton

Australians are more anxious about their retirement savings than their global peers, according to a report from Franklin Templeton. Around 70 per ...

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Fed cuts rates, citing global uncertainty

The US Federal Reserve has cut rates by a quarter point, citing continued global uncertainty and low inflation. This is the Fed’s third rate cut of ...

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Former Westpac boss warns against QE

Former Westpac CEO David Morgan has warned against the risks of unconventional monetary policy as quantitative easing (QE) continues to gain traction ...

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