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21 August 2020 • By Lachlan Maddock • 1 min read

Big four face unsteady 18 months

The profitability of the big four will remain under pressure for the next 18 months despite improving economic conditions. The profitability of the ...

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Retail wave drives Aussie investors to 1m

Australia’s investor population has soared by almost 50 per cent despite ASIC warning the wave of rookie investors stand to lose millions

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Cerberus buys Westpac asset finance business

Westpac has signed off on the sale of its Vendor Finance business to Angle Finance, a portfolio company of alternative investing group Cerberus ...

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MyState wealth stays steady, eyes expansion

Tasmanian group MyState Bank has signalled its wealth management business will be set to expand its distribution to the mainland in the coming 12 ...

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Suncorp earnings savaged

Suncorp’s earnings plummeted by a third as the bancassurer endured bushfires, floods, and COVID-19. Cash earnings at Suncorp plummeted some $749 ...

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Super key to COVID recovery: ASFA

The Association of Superannuation Funds of Australia has railed against “anti-retirement groups” looking to shrink or freeze super contributions, ...

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AMP feels heat on Pahari report

Boe Pahari’s accuser has revealed she was never provided with the full investigation report into her complaint as AMP faces a barrage of criticism ...

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ASIC targets Westpac subsidiaries over fees for no service

ASIC has commenced proceedings against two entities within Westpac’s wealth management division over conduct that formed a case study during the Royal ...

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Yarra rolls out promotions

Yarra Capital Management has announced a string of promotions across its Australian equities investment team “in recognition of the continued ...

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Stonehorn targets Australia with key appointment

Ex-Macquarie Asia team Stonehorn Global Partners has recruited an Australia-based distribution veteran to launch its Asia fund to Australia’s biggest ...

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