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09 May 2022 • By Jon Bragg • 1 min read

‘Ghost of stagflation’ presents opportunities for investors, says deVere CEO

Investors should ensure they are well diversified as market volatility persists, according to deVere’s Nigel Green. deVere Group CEO Nigel Green ...

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Banks report $14.4bn profit amid pressure on net interest margins

Australia’s major banks have reported a significant boost to their bottom lines and returns in the first half of the 2022 financial year, signalling ...

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Magellan offloads Guzman y Gomez stake to focus on core funds business

Magellan is shedding layers in an effort to focus on its core funds management business. Magellan has announced the sale of its 11.6 per cent ...

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Westpac cash earnings up 71%

The big four bank has released its half-year 2022 results. On Monday, 9 May, Westpac reported cash earnings of $3.1 billion; a 71 per cent increase ...

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E&P Financial Group announces executive chairman transition

The business has confirmed an executive chairman transition. E&P Financial Group (E&P) has announced a number of changes to its board, ...

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Boards are increasingly incorporating ESG goals into company strategy

According to a new report, ESG discussions in boardrooms worldwide have increased as a result of the COVID-19 pandemic. A global survey has found ...

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War and inflation spark renewed interest in gold

Gold often ranks near the top of investors’ list of ‘safe-haven’ options, but demand for its relative stability is intensifying as soaring inflation ...

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Younger investors demand greater ESG input

When investors are looking for the biggest long-term returns, they’re usually most interested in robust industries and ideas that will generate cash ...

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Block continues to absorb Afterpay expenses

Block clocked gross profit growth of 34 per cent in the first quarter, with CashApp raking in its highest quarterly inflows on record. Block has ...

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Labour costs to drive inflation to 6% peak

The RBA expects higher labour costs in response to a tight labour market to become the primary driver of inflation. The Reserve Bank of Australia ...

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