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01 October 2019 • By Adrian Flores • 1 min read

MLC Wealth locks in asset management leadership

MLC Wealth has announced three key appointments to the leadership team of its asset management business as part of an ongoing commitment to separate ...

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Home loan errors on the rise despite crackdown

UBS has warned that the proportion of home loan applications containing inaccuracies has increased, despite the introduction of tighter credit ...

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Banking Code changes not strong enough: ACCC

The Australian Competition and Consumers Commission (ACCC) has criticised the proposed changes to the Banking Code of Practice, saying the banks have ...

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‘Widespread deception’: Fund manager calls out non-bank lenders

A Sydney-based fund manager says non-bank lenders are facilitating deception by failing to register and disclose mezzanine debt and secondary loans on ...

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Finance sector to combat modern slavery

The global finance sector has launched an initiative to eliminate modern slavery and help victims of the practice regain their financial independence

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Majority of experts predict October rate cut

The Reserve Bank is likely to cut the cash rate to a new record low of 0.75 per cent if not in tomorrow’s meeting, by November, according to a number ...

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Government launches retirement income review

 The Federal government has today announced that it will be commissioning an independent review of the retirement income system. This review was ...

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Newton IM strengthens responsible investment team

Newton Investment Management, part of BNY Mellon Investment Management, has announced the expansion of its responsible investment team with the ...

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Westpac tipped to cut dividend by 12%

Analysts believe the major banks will be forced to reduce dividend payments amid slower growth, margin squeeze and significant remediation costs

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Frontier downgrades investment outlook, fears climate change impact

Asset consultant Frontier Advisors has revised its annual outlook, telling investors that due to climate change, they can expect a 0.25 per cent drop ...

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