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03 May 2016 • By Alice Uribe • 1 min read

Tough tax avoidance reforms target multinationals

The government says it will raise $3.7 billion from tough budget reforms targeting tax-avoiding multinational companies and high wealth ...

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Coalition takes a knife to super tax concessions

The federal budget has taken aim at the wealthiest Australians by tightening the concessional taxation of superannuation, as well as placing a $1

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RBA cuts cash rate to 1.75 per cent

The Reserve Bank of Australia has cut the cash rate by 25 basis points to 1.75 per cent – the first time the cash rate has been changed in 12 ...

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Rate cut 'not warranted': RBA Shadow Board

The RBA Shadow Board, made up of industry and academic economists, has warned the RBA against cutting interest rates today in response to last week's ...

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Westpac posts $3.9bn first-half profit

Westpac has announced a first-half profit of $3.904 billion for 2015-16, up 3 per cent on the prior corresponding period but slightly below analysts' ...

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Perennial Value appoints NAB Asset Servicing

Australian equities manager Perennial Value Management has chosen NAB Asset Servicing to provide the firm with custodial and administrative services

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Acorns Grow to team up with industry funds

Micro investment firm Acorns Grow has unveiled plans to give users of its app the ability to make voluntary contributions to their industry ...

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Global infrastructure ETF launched on ASX

ETF provider VanEck Vectors has launched a new ETF that tracks the FTSE Developed Core Infrastructure 50/50 index, hedged into Australian dollars

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IFM Investors appoints chief economist

IFM Investors has appointed a former Bank of America Merrill Lynch economist to fill the newly created role of chief economist. Alex Joiner, who ...

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Aussie banks will remain strong: Moody's

The major Australian banks are likely to retain their strong credit profiles despite the "deteriorating operating environment" and upward revisions to ...

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