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13 May 2022 • By Jon Bragg • 1 min read

CBA says June rate rise could trigger ‘unnecessary angst’

The bank made the claim ahead of two important pieces of data being released this week. Economists from the Commonwealth Bank (CBA) have suggested ...

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State Street appointed fund administrator and custodian for new bitcoin ETF

The firm will administer and provide custodial services for the recently launched Cosmos Purpose Bitcoin Access ETF. K2 Asset Management has ...

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More female tech workers an election priority

As the electoral clock ticks to the 21 May federal election, the Coalition government has pledged it will use a potential fourth term to nurture ...

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Major parties back superannuation guarantee rise to 12 per cent

A renewed commitment from the Morrison government to back a 12 per cent lift to the superannuation guarantee as presently legislated, has been warmly ...

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Fed prepared to raise rates again in coming months if economy performs ‘as expected’

The Federal Reserve chair has reiterated its bid to fight inflation. In a new interview with Marketplace, Fed chair Jerome Powell hinted at raising ...

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Major crypto gift to fund pandemic detection tool

UNSW Sydney has received the largest known cryptocurrency donation to an Australian higher education institution. Ethereum co-founder Vitalik ...

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Improved climate disclosure will result in more corporate commitments, CBA predicts

The bank said that climate-related disclosure would result in more Australian companies setting emissions reduction targets as well as more ...

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Foreign property investors undeterred by market uncertainty and high taxes

While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to ...

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Franklin Templeton Australia appoints new sales director

The Australian branch of global asset management firm, Franklin Templeton has appointed Michael Bowen as a sales director. Reporting to Franklin ...

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US CPI shatters markets as investors fear Fed tightening

Following a slight drop of 0.2 per cent in the United States inflation rate, the latest US April consumer price index (CPI) data indicating higher ...

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