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07 May 2016 • By Tim Stewart • 1 min read

Super funds taking action on climate change

Three Australian superannuation funds have joined an exclusive list of just 12 institutional investors that have received the top rating for climate ...

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Capital requirements hit bank profits: KPMG

The major banks have recorded an aggregate 3 per cent fall in first-half cash profits as the new capital requirements and a tough operating ...

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ASIC finalises Macquarie Equities review

KPMG has completed a 12-month review of Macquarie Equities' client documentation procedures that was undertaken at the request of ASIC. The ...

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Clydesdale demerger weighs on NAB result

NAB has posted a statutory net loss of $1.74 billion as a result of the demerger and IPO of its UK banking business, Cydesdale and Yorkshire ...

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Budget opens way for deferred lifetime annuities

Annuities provider Challenger has thrown its support behind the government's commitment in the federal budget to remove tax impediments to products ...

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Managed investment trust reforms passed

The government has successfully passed a package of bills to implement the managed investment trust (MIT) reforms through the Senate. Commenting on ...

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New RBA governor announced

Dr Philip Lowe, the current deputy governor of the Reserve Bank of Australia, has been announced as governor Glenn Stevens' replacement

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New global head of debt for IFM Investors

IFM Investors has promoted from within to fill the recently vacated role of global head of debt investments. Rich Randall, who has been with IFM ...

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The perils of China's 'rapidly rising' debt

With a debt-to-GDP ratio of more than 250 per cent, China has very high levels of debt for a developing country – but the risk of a 'Minsky moment' ...

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Portfolio holdings disclosure deferred to July 2017

A key element of the Stronger Super reforms, the requirement for superannuation funds to disclose their portfolio holdings on their websites, has been ...

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