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11 August 2020 • By Sarah Simpkins • 1 min read

Challenger cops $416m loss

Challenger saw a $416 million loss for the full year and it scrapped the final dividend, with the group suffering hits from the COVID-19 pandemic and ...

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Green recovery not on the cards

COVID commission boss Nev Power has tamped down on calls for a “green recovery”, saying it’s the job of the commission to boost the economy in the ...

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BlackRock could be eyeing AMP exec pay

BlackRock has signalled it expects to sit down with the board of an Australian wealth group, which could be read as AMP, to work on its executive pay ...

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ASIC drops investigation into ex-AMP chair

The corporate regulator has confirmed it will not take any action against former AMP chairwoman Catherine Brenner following revelations at the royal ...

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Wheelhouse completes buy-out

Australian investment manager Wheelhouse Partners has completed its transition to a new independent structure, having finished its acquisition of ...

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Labor warns young people’s losses through early super could top $51bn

Australians under the age of 35 have been forecast to lose out on $51 billion in retirement due to the early super scheme, according to new modelling ...

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APRA recommences policy reforms, giving licences

APRA has restarted public consultations on selected policy reforms and phasing in the issuing of new licences, after it placed the activities on ice ...

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MLC appoints new chief risk officer

MLC has appointed a financial services veteran as its new chief risk officer (CRO). David Clarke will step into the role, and joins MLC from ...

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Government considering more JobKeeper: Cormann

As Scott Morrison admits the economy won’t reopen by Christmas and the Victorian crisis hampers the recovery, members of his government have hinted at ...

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Grattan is ‘out of touch’

Industry Super Australia (ISA) has slammed the Grattan Institute’s early super research as “highly questionable” and warned of a “bleak outcome” for ...

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