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18 June 2018 • By Killian Plastow • 1 min read

Bank profits unaffected by wealth divestment

Exiting the financial advice industry is unlikely to have any impact on the profits of the major Australian banks as the ‘relatively small’ profit ...

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ASIC commences proceedings against Westpac

ASIC is taking Westpac to the Federal Court in relation to poor advice provided by an adviser who was banned last year. In a statement, ASIC said ...

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Sydney to host 2019 global investment forum

Sydney has been chosen to host next year’s World Forum for Foreign Direct Investment, which will see hundreds of investors, business leaders and ...

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Australia retains AAA credit rating

Credit ratings agency Moody’s has reaffirmed Australia’s AAA “long-term issuer and senior unsecured” credit rating. A report issued by Moody’s ...

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AFCA appoints chief ombudsman

The Australian Financial Complaints Authority (AFCA) has appointed David Locke as its chief ombudsman and chief executive officer. Helen Coonan, ...

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Look beyond FAANGs for robotics exposure

Investors who want exposure to robotics and automation themes should forget about the ‘FAANG’ stocks and concentrate on stocks outside the major ...

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Synchronised global growth slowing, says NAB

The synchronised global economic growth that began in 2018 appears to be running its course, according to NAB. ‘Synchronised global growth’ was a ...

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Super funds should focus on the ‘future self’

Australians' lack of engagement with their super could be addressed if they were encouraged to think more about their future selves, says consulting ...

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Perpetual launches ethical credit fund

Perpetual has launched a credit fund that will allow investors access to ethical, social and responsible fixed income assets. Perpetual portfolio ...

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Linchpin to merge with AD, list on ASX

Linchpin Capital, the parent company of two dealer groups that authorise 300 advisers, will commence an initial public offering after merging with ...

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