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regulation

24 July 2019 • By Eliot Hastie • 1 min read

APRA targets executive remuneration

Executives who achieve their remuneration by focusing on short-term financial gains and not on customer outcomes will no longer receive massive ...

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Qld bank expands interstate

Queensland-based Heritage Bank has defied an industry trend to close physical shopfronts, instead expanding interstate for the first time with two new ...

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‘No areas in need of urgent work’: AustralianSuper

AustralianSuper has released their self-assessment and has found that while work is required across the organisation no areas are in need of urgent ...

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BlackRock revenue slips, technology spikes

While BlackRock’s revenue slipped by 2 per cent year-on-year in the quarter ending 30 June, its technology services segment saw a growth spurt, ...

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Investors flocking to active management for returns

A new survey has found that investors seeking higher returns, better diversification and lower volatility are flocking to active management

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AMP revamps ethical funds

AMP Capital has updated its ethical superannuation funds, giving the division a rebrand, a tightened fossil fuels investment screen and launching a ...

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CBG revenue down 10%, Clime eyes takeover

CBG Capital has reported a 10 per cent drop in its revenue from the year before, while its directors are considering an acquisition offer from fellow ...

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VicSuper, First State closer to consolidating

VicSuper and First State Super have progressed in their discussions of a potential merger, with the companies now evaluating each other and having a ...

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Banks should shift target ROE

A UBS analysis has said that banks may have to adjust their target ROE given the current environment is not favourable to high profitability

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Government brings open banking to parliament

The Consumer Data Right legislation, that will enact open banking will be seen by parliament this week according to the Treasurer. The legislation ...

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