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12 April 2023 • By Charbel Kadib • 1 min read

Rate pause was ‘always on the cards’: RBA

Instability in the global banking system did not reroute the Reserve Bank’s monetary policy path, according to the deputy governor. Michelle ...

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Treasurer to meet with international counterparts amid ‘heightened uncertainty’

Jim Chalmers will meet with US Treasury Secretary Janet Yellen, UK Chancellor of the Exchequer Jeremy Hunt, and other counterparts in Washington, DC ...

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Aussie investors pull $516m out of managed equity funds

Managed equity funds have seen their highest outflows since the start of the pandemic. The latest Fund Flow Index from Calastone has revealed that ...

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ASX considers closure of mFund settlement service

The market operator will consult on the future of its managed fund settlement service, mFund, which it says has only attracted $1.6 billion in funds ...

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Cboe makes key appointments amid region expansion

The market operator has welcomed new additions to its marketing and BIDS teams. Cboe Australia has announced three appointments to its recently ...

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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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