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28 March 2019 • By Sarah Simpkins • 1 min read

Record-low bond yields likely to sink further

Australian bond yields have been predicted to slip even further before they can recover from already plunging to record lows. As of Wednesday, the ...

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Australia still attractive despite Hayne pain: Cerulli

While the royal commission has led to significant reputational damage for financial services, the nation’s $2.7 trillion pool of superannuation assets ...

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RMBS delinquencies tipped to rise

The delinquency rate of prime residential mortgage-backed securities in Australia will continue rising in coming quarters, according to Moody’s latest ...

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RBA downplays ‘wealth effect’ of housing downturn

The Reserve Bank of Australia has poured cold water on fears that falling property prices will cause households to tighten their belts and spend less

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Industry super funds investing in Saudi weapons

New disclosures have revealed that Australian industry super funds are a major investor in a company at the centre of an arms deal to supply weapons ...

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MS&AD deepens Challenger hold

Japanese insurer MS&AD Insurance Group has indicated it is aiming to take a larger stake in Challenger, with plans to gain a seat on the ...

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Westpac remediation costs only a temporary damper

Although Westpac Banking Corporation had said further remediation costs would see its cash earnings reduced by $260 million for the first half of the ...

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$35m war chest to fight corporate crime

The government has announced that the jurisdiction of the Federal Court of Australia will expand to include corporate crime, with the coalition ...

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NAB ends ‘Introducer’ payments program

The National Australia Bank has announced an end to its ‘Introducer’ payments program to take effect in October 2019.  The Introducer program was ...

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Westpac to take $260m hit to first-half profits

Westpac has revealed that its cash earnings in the first half 2019 will be reduced by an estimated $260 million due to the cost of its customer ...

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