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09 May 2023 • By Jake Nelson • 1 min read

Vanessa Hudson’s $1.6m CEO pay packet around 25% less than Joyce’s

Incoming Qantas CEO Vanessa Hudson will be paid around 25 per cent less base salary than her predecessor Alan Joyce, though will be eligible for ...

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CBA posts $2.6bn Q3 net profit, signals ‘predictable and sustainable returns’

Commonwealth Bank has released its third quarter trading update. Commonwealth Bank (CBA) has reported an unaudited statutory net profit after tax ...

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Major banks ‘walking tightrope’ as headwinds intensify

KPMG, EY, and PwC have released their analysis of the major banks’ half-year results. Australia’s big four banks have delivered a strong set of ...

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‘Cautious’ budget to focus on energy transition

Incentives to drive Australia’s energy transition and a “rise in net taxes” are expected to characterise the Commonwealth government’s 2023–24 budget

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Former Courtenay House contractor handed 2-year sentence

A former promoter of Courtenay House investments has been sentenced. Athan Papoulias, a former contractor to and promoter of Courtenay House ...

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BetaShares expands ETF range

Australian fund manager BetaShares has announced the launch of two new Global (ex-Australia) Shares ETFs. BetaShares said it would release the new ...

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Westpac transferring BT PPM business to Mercer

Financial services business Mercer has reached an agreement with Westpac to absorb BT’s Private Portfolio Management (PPM) business. Simon ...

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BlackRock introduces ‘low-cost’ iShares infrastructure and real estate ETFs

The firm plans to launch the lowest-cost infrastructure and real estate ETFs in the Australian market. BlackRock Australia has revealed that it ...

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Westpac posts 22% net profit jump, prepares for ‘tougher outlook’

The bank has indicated it is well positioned for the future in its half-year results. Westpac has reported a net profit of $4.0 billion in its ...

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American Express to ‘decommission’ Australian FX offering

EXCLUSIVE The global payments company is downsizing local operations as part of a gradual unwinding of its foreign exchange offering outside the ...

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