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

RBA hands down first 2023 cash rate decision

The RBA has handed down its first rate decision of the year. The Reserve Bank of Australia (RBA) announced a 25 basis point increase on Tuesday, ...

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Lonsec makes new executive appointments

Lonsec has made a number of appointments following the acquisition of Implemented Portfolios in August 2022. Lonsec has announced that Bruce ...

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Centuria reports uplift in revenue, steady profit

The specialist investment manager has released its half-year results. Centuria Capital Group has reported a total operating revenue of $159.7 ...

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Macquarie profits buoyed by ‘exceptionally strong’ commodities boost

A “substantially” higher net profit contribution from its markets-facing businesses have helped bolster the group’s underlying financial performance

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WA man sentenced for conspiring to commit market manipulation

The man has been sentenced to 12 months’ imprisonment. Don George Evans has been sentenced to 12 months' imprisonment by the Supreme Court of ...

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Predictions swirl ahead of first RBA meeting of 2023

Multiple predictions are swirling ahead of the Reserve Bank of Australia’s (RBA) first interest rate meeting of the year. This afternoon, the RBA ...

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Opposition accuses government of abandoning surplus goal, risking economic stability

The Shadow Treasurer has accused the Labor government of giving up on a budget surplus.  With the next federal budget now roughly three months ...

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Mercer proposes $3.4m balance cap to improve fairness in super system

A super balance cap is among five recommendations made by Mercer. Mercer has urged the federal government to introduce a maximum superannuation ...

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Magellan reports uptick in FUM

The fund manager has experienced a positive start to 2023. Magellan Financial Group had $46.2 billion in funds under management (FUM) as of the end ...

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Don’t confuse tax change for tax reform, government told

As the Federal Budget approaches, The Tax Institute has urged the government not to confuse tax changes for tax reform.  The Tax Institute has ...

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