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CBA completes sale of Colonial

01 December 2021 • By Neil Griffiths • 1 min read

CBA completes sale of Colonial

Colonial First State (CFS) is now a standalone business following the completion of the sale by Commonwealth Bank of Australia (CBA). Both parties ...

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GDP down but not quite as low as expected

Lockdowns in Australia’s biggest cities did not have quite the expected impact on the country’s economy. Australian Gross Domestic Product (GDP) ...

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ANZ confirms class action over credit cards

ANZ has revealed it’s set to face a class action filed by Phi Finney McDonald. In a statement issued on Wednesday, ANZ acknowledged that class ...

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Aware Super completes VISSF merger

The move marks the third merger by the fund since the pandemic began. Aware Super has completed its merger with the Victorian Independent Schools ...

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UniSuper announces merger plans

UniSuper and Australian Catholic Superannuation are formally exploring a merger. The $105 billion UniSuper and the $11 billion Australian Catholic ...

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Macquarie forecasts $2.2bn impact of APRA reforms

APRA’s new bank capital framework is expected to impact Macquarie’s surplus capital. Macquarie Group has estimated that capital reforms released by ...

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Adopt ESG by 2030 or suffer the consequences: KPMG

Poor ESG performance will lead to severe consequences in the next decade, according to a new report. KPMG Australia has released its predictions ...

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Janus Henderson names new distribution head

The asset manager has appointed a new head of distribution for Asia. Janus Henderson has announced Andrew Hendry will join the firm as head of ...

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Implemented Portfolios partners with 2022 ESG Summit

The managed accounts group has signed on as a gold partner of the InvestorDaily 2022 ESG Summit. The InvestorDaily ESG Summit is returning in 2022 ...

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Merger activity to remain strong in 2022

The technology and infrastructure sectors are expected to sustain current highs in M&A activity. A strong year for mergers and acquisitions has ...

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