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15 August 2019 • By Sarah Simpkins • 1 min read

BlackRock warns trade war to persist

A BlackRock investment strategy has cautioned the ongoing trade tensions between the US and China are going to ensue for longer than expected, calling ...

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APRA opens floor to updated margin requirements

APRA has opened a cross-industry consultation for amendments to its margin requirements for non-centrally cleared derivatives. The changes to ...

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APRA applies capital requirement to insurer

APRA has announced that it will apply an additional $250 million capital requirement to one insurer to reflect the issues identified in its ...

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The big risk when rates finally rise

EXCLUSIVE: A leading economic forecaster says interest rates could come back to bite us when they finally return to normal levels. Speaking at the ...

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Challenger profit down, management pay cut as Hayne effect lingers

Challenger reported a 5 per cent profit drop in financial year 2019, with the company’s fund management and life businesses copping volatile ...

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ASIC’s case against Westpac dismissed

ASIC has had its case against Westpac for alleged breaches of the responsible lending laws dismissed by the Federal Court. ASIC’s had taken Westpac ...

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Millinium demands former adviser cough up $2.4m

Sydney-based Millinium Capital Managers has made a claim for approximately $2.4 million against a former adviser to its alternatives fund. The ...

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Timeline moved up for NAB boss

NAB’s new chief executive Ross McEwan may be returning to Australia and starting at the bank sooner than expected thanks to a recent RBS’ announcement

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Should the RBA be more worried about unemployment?

A few remarks made by RBA assistant governor Christopher Kent this week suggest that joblessness could be a far greater issue than many expect

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Magellan to raise $275m after posting 35% profit growth

The Sydney-based fund manager has entered a trading halt as it looks to raise $275 million to fund new growth opportunities. On Tuesday (13 ...

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