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26 September 2019 • By Sarah Simpkins • 1 min read

ACCC names first open banking participants

Neobank 86 400 along with Regional Australia Bank and fintechs Frollo and Moneytree have been included among the first 10 firms outside of the big ...

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Default super: The ‘unlucky lottery’ costing consumers billions

Poorly performing super funds are costing the average Aussie up to half a million dollars in retirement savings, according to a report from Super ...

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Lowe remains hopeful in face of global uncertainty

Reserve Bank governor Philip Lowe has hinted at the prospect of a third rate cut this year amid sluggish economic growth and global market uncertainty

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Former Bravura director to run MLC platforms

MLC Wealth has announced the appointment of Darren Stevens to the role of group executive, platforms, following an extensive internal and external ...

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NAB to add 163 new business bankers

The major bank has announced it will introduce 163 new roles in its business and private bank as part of an ongoing commitment to backing customers in ...

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Trump’s trade war has ‘backfired’: DWS

A Hong Kong-based fund manager believes a trade deal will be made next year as Donald Trump’s original objective to cut the trade deficit has ...

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New digital banks face ‘significant risks’

Morningstar has low hopes for new banks like Volt, Xinja, 86 400 and Judo, which it says are at high risk of taking on low-quality debt in the pursuit ...

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IOOF completes Ord Minnett exit

IOOF has completed the sale of its 70 per cent holding in wealth management group Ord Minett for $115 million. IOOF confirmed the sale completion ...

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Aus banks join global UN climate pledge

Three of the big four Australian banks have signed on to align their businesses with the UN Sustainable Development Goals (SDGs) and the Paris ...

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Value investing needs overhaul: Alliance Bernstein

Value investing needs a rethink in order to be viable in the face of emerging market realities, according to a report from Alliance Bernstein

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