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21 September 2022 • By Jon Bragg • 1 min read

Link's UK subsidiary hit with $85m penalty

The penalty is on top of the $520 million in redress payment that Link Fund Solutions will likely be required to pay for its role in the Woodford fund ...

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ACCC coming after businesses with fake green claims

ACCC is actively targeting ‘greenwashing’ this year.  The ACCC announced on Tuesday that it will soon be commencing an internet sweep of various ...

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TPT Wealth signs onto Principles for Responsible Investment

The company has confirmed its commitment. TPT Wealth has announced that it has signed on to the United Nations-supported Principles for Responsible ...

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ABS brings forward release of monthly inflation data

The bureau said the feedback about its new monthly CPI indicator has been “overwhelmingly positive”. The Australian Bureau of Statistics (ABS) has ...

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Australian banks confirm closure for National Day of Mourning

Bank branches and other financial institutions will be closed on Thursday for the national public holiday commemorating Queen Elizabeth II

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AMP companies hit with $14.5m penalty

Five companies that are or were part of AMP have been penalised. The Federal Court has handed out penalties of $14.5 million to AMP companies for ...

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Treasurer says expect ‘bread-and-butter’ budget in October

Labor's first budget in October will be a “bread-and-butter” budget, according to Treasurer Chalmers. The October budget will be the first in a ...

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Senator Bragg releases crypto bill to regulate e-Yuan

Senator Andrew Bragg has released a draft bill for consultation that, among other things, establishes disclosure requirements for facilitators of the ...

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Impact of interest rates on property prices sheds light on expected dip

The rate hikes to date are predicted to deliver lower home prices by at least 15 per cent over the next two years. Speaking at the AFR Property ...

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Secular stagnation, threat to long-run outcomes for asset values

Secular stagnation may still be the driving force impacting long-run outcomes for asset values, a market strategist has said. Franklin Templeton ...

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