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07 December 2023 • By Jon Bragg • 1 min read

Perpetual rejects $3bn takeover offer

According to Perpetual, Washington H. Soul Pattinson’s offer “materially undervalues” the firm and its corporate trust and wealth management ...

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RBA names new chief economist

According to Reserve Bank governor Michele Bullock, the new appointee will bring a “unique and diverse perspective” to the central bank

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Jones unveils bold financial advice reforms: Introduces ‘qualified advisers’ for banks, insurers, and super

Minister Jones has proposed the creation of a “new class” of financial advisers, creating an opportunity for banks to re-enter the advice sector

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A decade of recognising advisers: Winners crowned at ifa Excellence Awards

InvestorDaily’s sister brand, ifa, proudly marked a decade of celebrating excellence in financial advice by honouring more than 30 winners at this ...

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Global X targets $10bn in AUM by 2025

The ETF provider has outlined its plan to expand its market share over the next two years. Eighteen months after first entering the Australian ...

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Slump in GDP ‘clear evidence’ rate hikes are working: Economists

The Australian economy expanded at a slower pace than expected in the third quarter of 2023, as the impacts of higher interest rates continued to take ...

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Bravura promotes MDs to regional CEOs

The listed software group is aiming to improve the structure of its global teams to accelerate operating and financial performance. Bravura ...

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ASIC takes action to protect ‘new wave’ of retail investors

The regulator has ramped up its supervision of online trading providers and taken multiple actions to protect investors from high-risk offers and ...

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Magellan’s FUM lifts by almost $1bn

The fund manager has reported only its second monthly increase in funds under management so far this year. Troubled fund manager Magellan Financial ...

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Industry voices concerns as government moves to revamp YFYS test

The federal government is seeking to improve the test to ensure it doesn’t discourage investment in “economic priorities”. The federal government ...

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