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14 July 2022 • By Jon Bragg • 1 min read

Aussie ETF industry AUM down $13bn in Q2

Net inflows to Australian ETFs fell but remained positive during the quarter. The assets under management (AUM) of Australia’s ETF industry dropped ...

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Aussie investors stay the course amid market sell-offs

Only a fraction of investors in Australia and globally have sold their investments. A new survey has found that 68 per cent of local retail ...

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Unemployment rate drops to near 50-year low

The Australian Bureau of Statistics (ABS) has confirmed the latest figure. The Australian unemployment rate fell to 3.5 per cent in June 2022; the ...

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Acadian appoints new director of systematic credit

The asset manager has announced a new appointment. Acadian Asset Management has appointed Scott Richardson as director of systematic credit in an ...

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Investors urged to capitalise on 'panic-selling' as US inflation hits 40-year high

The highest in over four decades. US inflation has reached a 40-year high with annual consumer prices rising to 9.1 per cent, according to the US ...

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ASIC investigation uncovers 'concerning consumer losses from trading in CFDs'

The company’s Australian financial services (AFS) licence has been surrendered. Over-the-counter derivatives provider Sirius Financial Markets, ...

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Aussie bank pays penalty for alleged breach of open banking rules

The ACCC alleged the bank had breached the rules of the Consumer Data Right. On Wednesday, the ACCC confirmed that Bank of Queensland (BOQ) has ...

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Stephen Jones outlines plan for BNPL regulation

Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. The federal government has ...

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Managed equity funds record weakest inflows since start of the pandemic

Inflows were down by half during the second quarter. Net inflows to managed equity funds dropped to $605 million in the second quarter, down from ...

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Organisations urged to increase education and due diligence on scams

Australians lost more than $2 billion to scams last year, but experts have said the true cost to the economy is much higher. After the ACCC ...

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