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04 October 2022 • By Maja Garaca Djurdjevic • 1 min read

Recession or not: Chalmers says storm clouds are gathering

The risk of recession has tipped from “possible to probable”, the Treasurer has said. The government is growing increasingly concerned about the ...

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MLC introduces first retail private equity fund

The new MLC Global Private Equity Fund will provide retail investors with concentrated exposure to global private equity investments. The MLC ...

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Australian house prices continue to fall

While the pace of decline has eased slightly, house prices across the country are down by almost 5 per cent from their peak earlier this year

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Aussie stocks suffer September slump

The benchmark ASX 200 erased most of its Q3 gains in the final month of the quarter. The S&P/ASX 200 index ended last month down 6.17 per cent, ...

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Business as usual, RBA announces pivot

The RBA has pivoted and opted for a 25 bp rate hike. The Reserve Bank of Australia (RBA) has announced a 25-basis-point (bp) rate hike, taking the ...

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BNPP AM appoints new head of stewardship

The asset management business welcomes the head of stewardship in the Asia-Pacific region. BNP Paribas Asset Management (BNPP AM) has announced the ...

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Australian Retirement Trust welcomes new chair

The appointment is effective from mid-October.  Australian Retirement Trust (ART) has announced the appointment of Andrew Fraser as chair of its ...

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Loss-making property sales on the rise

Sydney and Melbourne have recorded the biggest increases in loss-making sales. New analysis released by CoreLogic suggests that 93.8 per cent of ...

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CBA defies market expectations, predicts 25-bp rate hike

The Commonwealth Bank is alone in predicting a 25-bp hike in October.  Economists at the Commonwealth Bank have maintained their forecast that the ...

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APRA removes big 4’s remaining $500m capital charge

The regulator is satisfied that CBA has addressed concerns over its governance, accountability and risk culture frameworks and practices

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