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05 May 2016 • By Tim Stewart • 1 min read

Minimum drawdown rates 'about right': Treasury

Treasury has released the final report of its retirement income streams review, which found that the minimum drawdown rules for account-based pensions ...

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Centrepoint appoints non-executive director

Wealth management firm Centrepoint Alliance has named Hugh Robertson as an independent non-executive director of the board. In a statement to the ...

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Australian Unity progresses property fund IPO

Australian Unity will seek to raise up to $155 million if its plan to list its Australian Unity Office Property Fund on the ASX is successful

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Centuria Capital names new CFO

Centuria Capital Limited has appointed a new chief financial officer to focus on expanding the business. Simon Holt, who is taking up the role, has ...

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Cuts to super tax concessions 'counterproductive'

Last night’s federal budget reduced a number of super tax concessions, but the Financial Services Council has labelled the changes "counterproductive"

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ANZ first-half profit down 22%, dividend cut

ANZ has continued a week of disappointing bank results by announcing a slump in its net profit to $2.7 billion and a 7 per cent cut to its ...

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Weak inflation forces RBA's hand

Reserve Bank of Australia governor Glenn Stevens has pointed to "unexpectedly low" inflation data as the reason for yesterday's surprise cash rate cut

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Government consults on venture capital and fintech

The government has initiated a consultation process aimed at exploring the best way to ensure investors in fintech start-ups can be eligible for ...

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Banks welcome AML/CTF legislative changes

The Australian Bankers' Association (ABA) has thrown its support behind recommendations by the federal Attorney-General’s Department aimed at ...

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Suncorp takes stake in US tech firm

Suncorp has partnered with US-based technology developer Trōv to launch an on-demand insurance platform. As part of the deal, Suncorp has taken a ...

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