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15 May 2014 • By • 1 min read

Super guarantee deferral 'unexpected'

The deferral of the rise in the superannuation guarantee is one of the few surprises for the sector in the Federal Budget, says Deloitte

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ANZ recruits CEO of international banking

ANZ has appointed a Citigroup senior executive as chief executive of international banking. In his new role at ANZ, Farhan Faruqui, who is ...

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CBA posts healthy March quarter profit

The Commonwealth Bank (CBA) has generated a statutory net profit of around $2.3 billion for the three months leading to 31 March 2014, up from $1.9 ...

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Aussie managers outperform in April

The Australian share managers outperformed their international peers by 90 basis points in April, according to the latest Morningstar Australian ...

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MFAA boss stands down

Mortgage and Finance Association chief executive Phil Naylor has announced his intention to stand down on 24 December 2014. In making the ...

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ASIC funding cut in tough Budget

The corporate regulator has been instructed to "adjust its priorities" as the federal government withdraws $120 million in funding over the next five ...

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Retail bankers decry FOFA ‘overreach’

The Australian Bankers’ Association (ABA) has urged the government to fast-track a number of “necessary technical amendments” to FOFA in order to ...

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FOS complaints up in 2014

The number of complaints received by the Financial Ombudsman Service has increased by nine per cent in the first quarter of 2014. In its most ...

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Caution can be costly in emerging markets

An overly cautious or defensive approach to investing in emerging markets may cause investors to miss out on capturing stocks offering better value, ...

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FPA recruits former NAB Wealth executive

Former NAB wealth executive and Godfrey Pembroke managing director Tom Reddacliff has been appointed to the senior management team of the Financial ...

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