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07 April 2022 • By Paul Hemsley • 1 min read

Inflationary chaos looms if central banks remain sluggish

Central banks across the world are at a moment of reckoning, faced with the reality of soaring energy costs and supply disruptions, which are leading ...

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HSBC appoints two new executives

The firm has named new heads for its global banking and markets business in Australia. HSBC has announced the appointment of Nick Wheeler as head ...

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Magellan reports slight lift in FUM

Magellan has reported a slight increase in funds under management, sending its shares to their highest level since late February. Magellan’s share ...

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New chair appointed to Foreign Investment Review Board

Bruce Miller has been named as chair following the passing of David Irvine last week.  The government has announced the appointment of Bruce Miller ...

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ASIC extends CFD product intervention order

The corporate regulator said that aggregate net losses by retail clients fell by 91 per cent after the order came into effect last year

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Superannuation trustees revise policies after ASIC surveillance

The corporate regulator revealed its surveillance last year. Australian superannuation trustees have revised and strengthened internal policies and ...

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CBA joins forces with European clearing house

The Commonwealth Bank of Australia (CBA) has teamed up with leading Paris-based clearing house LCH (London Clearing House) in a landmark partnership ...

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Australian Ethical and Christian Super to explore merger

The two firms are exploring a merger in late 2022 or early 2023. Australian Ethical Superannuation and Christian Super have signed a memorandum of ...

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Australians’ individual debt pain set to double by 2025

As if Australian taxpayers didn’t have enough to worry about with soaring costs-of-living, the federal government’s deep dive into the red is expected ...

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Aussies guided on how to divest from Russian assets

If Australian superannuation trustees and fund managers were at a loss about how to divest from Russian assets, relief is in sight from the Financial ...

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