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24 October 2019 • By James Mitchell • 1 min read

Future Fund delivers 10% return

Australia’s sovereign wealth fund has outperformed the benchmark and grown funds under management to $167 billion. Since 2006 when the Future Fund ...

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Shareholders pressure major banks on climate policy

Three of the big four banks are facing shareholder resolutions around climate policy at their upcoming annual general meetings, with activists calling ...

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Global economy could bounce back in 6 months: T. Rowe Price

Despite industry speculation around an oncoming global recession, global asset management giant T. Rowe Price has predicted the global economy will ...

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Increase Newstart to help the economy: University of Adelaide

An increase in the Newstart allowance (NSA) would be good for jobseekers and the economy, according to a report from the University of Adelaide

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WiseTech hits back at J Cap claims

WiseTech has released a second statement addressing the latest research from J Capital, refuting many of its claims and casting doubt on others

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GSFM buys MLC stake in Redpoint

GSFM has acquired a 49 per cent equity stake in boutique quantitative equities specialist Redpoint Investment Management from MLC Asset Management

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Westpac takes $341m profit hit in second half

The big four bank has today announced that its cash earnings for the second half of 2019 will be reduced by $341 million due to customer remediation ...

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ASIC, European regulator enter Aus benchmark agreement

ASIC has signed a memorandum of understanding (MOU) with the European Securities and Markets Authority (ESMA) to set out cooperation arrangements in ...

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Could algorithms destabilise the entire financial system?

This critical question was raised by the World Economic Forum as it considered the impact of artificial intelligence on financial services

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Average Aussie worth $562,000: Credit Suisse

Weaker real estate prices and the depreciation of the Aussie dollar against the US have reduced the number of millionaires in Australia over the last ...

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