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07 June 2023 • By Maja Garaca Djurdjevic • 1 min read

CBA hit with record fine for breaching spam law

CBA has been fined $3.55 million for breaching spam law. Commonwealth Bank of Australia’s (CBA) share price dipped slightly on Wednesday morning ...

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Yarra Capital appoints fixed income investment manager

The fund manager has added an experienced strategist to its fixed income team. Yarra Capital Management has announced the appointment of Jessica ...

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Latest GDP figures revealed amid mounting uncertainty

The latest national accounts data has shed light on the trajectory for the Australian economy, which observers increasingly expect to slip into ...

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Active Super and Vision Super ink merger deal

The two super funds, which have a combined $26 billion in funds under management, have signed a merger heads of agreement. Active Super and Vision ...

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Mr Treasurer, ‘bombshell’ wage increase is the culprit for RBA rate hike

Op-Ed Economists don’t agree with Chalmers that the RBA’s shock decision on Tuesday had nothing to do with the minimum wage increase

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RBA wage ‘fright’ fuels hiking bias, recession fears mount

The Reserve Bank has retained its monetary policy tightening bias, remaining open to future hikes despite risks the economy would be “knocked” off the ...

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Binance charged for ‘deceptive’ trading activity

The crypto trading platform has denied engaging in an “extensive web of deception” after being hit with a swathe of charges by the US corporate ...

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Longo stresses ESG is not a ‘trend’, nor is it about ‘burdening’ companies

According to ASIC’s Joe Longo, change is coming — and it won’t look kindly on those who aren’t prepared. Speaking at the Australian Financial ...

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How generative AI could impact investment management

Financial services company Northern Trust says that while generative AI has the ability to radically alter every industry on the planet, its use in ...

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RBA delivers highly anticipated June rate decision

The central bank has announced its official cash rate decision amid signs of a resurgence in inflationary pressures. The Reserve Bank of ...

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