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19 April 2021 • By Lachlan Maddock • 1 min read

A ‘miraculous’ recovery – or just ‘the lucky country’?

Australia’s COVID success could come back to bite us. A new era of economic growth is hardly guaranteed.  When asked to describe Australia’s ...

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James Mawhinney’s ‘reprehensible conduct’ earns 20-year ban

Mayfair boss James Mawhinney has shown “no contrition or remorse” for his part in a scheme that has likely cost its investors hundreds of millions

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Mayfair founder cops 20 year ban

Mayfair 101 founder James Mawhinney has been restrained from a number of activities following a Federal Court ruling.  Federal Court Justice ...

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Buying 86 400 will fire up competition, NAB says

The chief of the big four bank has denied the 86 400 takeover will kill industry competition, insisting the deal will inspire others in the ...

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ASIC reaps ‘largest ever’ penalties amid litigation blitz

ASIC has gained civil penalties totalling $159.8 million in six months in a new record it says will send “strong messages of ...

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Morrison signals defeat on super cut

The Morrison government’s brief flirtation with cutting the SG increase looks to be over, relegated – once and for all? – to the “too hard” pile

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BlackRock AUM hits $11.6 trillion

BlackRock managed assets have broken the US$9 trillion ($11.6 trillion) mark, as the investment giant has surpassed US$150 billion in quarterly ...

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Huge salaries and no growth: Why Citi is quitting Australia

For the US-based chiefs of Citigroup, shuttering the underachieving Australian consumer business could not have come soon enough. The writing was ...

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Aus Ethical reports 7% funds rise 

Australian Ethical recorded a $360 million rise in funds under management during the March quarter, up by 7.1 per cent.  The ethical wealth group ...

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Wilson’s latest super play fails to take flight

Tim Wilson was fighting a rearguard action when he tried to recruit CBA boss Matt Comyn to his Home First, Super Second campaign. The standing ...

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