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02 May 2018 • By Tim Stewart • 1 min read

Heads must roll at CBA, says Treasurer

Federal Treasurer Scott Morrison says he expects there will be more board-level and executive departures at CBA following the release of an APRA ...

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Increasing SG unnecessary: Grattan Institute

The Grattan Institute has questioned the wisdom of increasing the superannuation guarantee to 12 per cent, prompting outrage from the super industry

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Comyn apologises for CBA 'failures'

CBA chief executive Matt Comyn has apologised to stakeholders for the findings of APRA's inquiry into his bank, pledging to implement all 35 of the ...

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Venture capital fund raises $10m

Early-stage investment group Investible has confirmed the close of its early-stage funding round which aims to allow investors to tap into the venture ...

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US Fed to stay ‘on hold’: Fidelity

Don’t expect to see any change in policy as the US Federal Reserve’s Open Market Committee reconvenes over the first two days of May, says Fidelity

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AFCA board of directors announced

The 10 members that make up the Australian Financial Complaints Authority’s board of directors have been named. According to a statement by AFCA, ...

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ANZ posts $3.32bn half-year result

ANZ has reported a statutory profit after tax of $3.32 billion for the half-year to 31 March 2018, up 14 per cent on the prior corresponding ...

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RBA keeps cash rate at 1.5%

The Reserve Bank of Australia has announced the official cash rate for May following its monthly board meeting. The board has decided to hold the ...

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'Reactive and complacent' CBA enters EU

The Commonwealth Bank has entered into an enforceable undertaking with APRA after the prudential regulator handed down a damning report into the ...

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Changes ahead for product providers: NMG

There is currently no legal requirement for product providers to move legacy clients into cheaper products, but that could change in the wake of last ...

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