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18 December 2019 • By James Mitchell • 1 min read

NAB puts dollar value on ASIC action

NAB chairman Philip Chronican has commented on ASIC’s fee-for-no-service action by stating that the issue only relates to around $1.3 million in ...

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Westpac hit by class action

BREAKING Westpac has been hit with a class action lawsuit from irate shareholders. Westpac today confirmed it had been served with a class action ...

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Embrace outsourcing of portfolio management: SSGA

A new report from State Street Global Advisors highlighted the benefits of both model portfolios for investors as well as financial advice practices ...

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ASIC takes major bank to court

BREAKING ASIC has commenced civil penalty proceedings in the Federal Court against a Big Four bank, seeking findings of several thousand ...

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Westpac woes worsen as APRA BEARs its teeth

With the bank facing no less than three investigations, how much worse can it get? Nobody was shocked when APRA announced their investigation of ...

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ASIC sues life insurance giant

ASIC has commenced proceedings in the Federal Court against a major life insurer for alleged breaches of the ASIC Act, the Corporations Act and ...

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APAC growth hit by trade war and growing uncertainty

A global trade war and rising protectionism have taken its toll on Asia-Pacific economic growth, according to a new report by the Pacific Economic ...

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The digital economy will be our undoing

Australia’s digital economy is world-leading. That’s a problem. While our American cousins are still marvelling at the wonders of tap-and-go in ...

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APRA launches Westpac investigation

BREAKING APRA has formally commenced an investigation into Westpac and imposed an increase in the bank's capital requirements. The investigation ...

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BetaShares launches ESG ETF

ETF manager BetaShares has launched an ETF that gives investors access to a diversified portfolio of bonds that meets strict responsible investment ...

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