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06 December 2022 • By Maja Garaca Djurdjevic and Jon Bragg • 1 min read

Reading between the lines: The secret message behind Lowe’s choice of words

It’s not the 25 basis point hike that surprised markets, but rather Phil Lowe’s choice of wording. While opting for its eighth consecutive rate ...

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Bank of Queensland explains ‘surprise’ dumping of CEO

The bank has addressed the departure of George Frazis at its AGM. The Bank of Queensland (BOQ) has argued that it would have been “sub-optimal and ...

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Magellan falls back into FUM decline

After a slight lift in October, the fund manager suffered another fall in FUM last month. Magellan’s funds under management (FUM) have fallen ...

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Major increase in Aussie companies setting long-term 1.5°C climate targets

A study has found a 44 per cent increase in Australia’s largest companies setting long-term climate targets.  A recent Climateworks Centre study ...

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Vanguard responds to greenwashing infringement notices

Investment manager Vanguard said the infringement notices were the result of an “inadvertent error” and that it “fully co-operated with ASIC”

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RBA becomes Grinch of Christmas with Tuesday’s rate decision

The RBA has brought the official interest rate to 3.1 per cent in its final decision for 2022.  The Reserve Bank of Australia (RBA) has announced ...

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ASIC launches first civil court case over alleged DDO breaches

The regulator has commenced proceedings in the Federal Court. ASIC announced on Tuesday that it has begun proceedings against American Express ...

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UniSuper and Australian Catholic Superannuation finalise merger

UniSuper has now completed its merger with Australian Catholic Superannuation. UniSuper and Australian Catholic Superannuation (ACS) have now ...

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Talaria names new head of sales

The asset management firm welcomes Lance Oliver in the newly created role. Mr Oliver will be based in Talaria’s Melbourne office, responsible for ...

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Australia maintains AAA rating following budget ‘restraint’

A major credit rating agency has released its latest assessment. Fitch Ratings has reaffirmed Australia’s AAA credit rating and has assessed the ...

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