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12 April 2023 • By Charbel Kadib • 1 min read

IMF’s ‘hazardous’ economic outlook ‘too optimistic’

The global economic outlook has been downgraded amid a swathe of persistent headwinds, but revised growth projections are not dovish enough, according ...

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ASIC instructs ‘failed’ super funds to improve their communications

The regulator says that a more member-centric approach is required in communications from funds that failed the Your Future, Your Super performance ...

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Stage 3 tax cuts to feature in May budget, Treasurer confirms

Stage three tax cuts will feature in the government’s May budget, the Treasurer has confirmed. Treasurer Jim Chalmers confirmed on Tuesday that the ...

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Investment company ‘significantly narrows’ target market due to ASIC concerns

The corporate regulator had previously issued the company with an interim stop order after identifying deficiencies in the target market determination ...

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Shift focus of super away from being a ‘nest egg’, FSC urges

According to the FSC, current policy settings are not helping to reverse entrenched behaviour where retirees consume less of their super than they ...

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Business conditions ease, signal disinflation

The latest business indicators have pointed to further easing in cost pressures, supporting the Reserve Bank’s latest rate verdict.  According to ...

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CEFC pledges $80m towards decarbonisation via Crescent Capital fund

Crescent Capital’s new private equity fund is aimed at driving ambitious emission reduction targets across a range of mid-market companies

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Hybrid bonds back in favour as risk premiums lure investors

Investors could capitalise on recent instability in the AT1 bond market, earning “equity-like” returns, according to Robeco.  Last month, the Swiss ...

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Binance pursuing ‘more focused’ approach after AFS cancellation

Binance is pursuing a “more focused” approach in Australia by winding down the Binance Australia Derivatives business. Late last week, the ...

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Non-bank lender refuses to pay ransom demand following major data breach

The non-bank lender says it will not pay a ransom to criminals who stole personal identification documents from customers. In a trading update on ...

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