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19 May 2020 • By Lachlan Maddock • 1 min read

China fires opening salvo

Australia has found itself in China’s crosshairs as the economic powerhouse levels massive tariffs on key exports amid escalating political tensions

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Westpac execs bail out

Several key executives have left the embattled bank to take up positions overseas. David Lindberg, chief executive for consumer banking, and Craig ...

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Mainstream secures Pendal contract

Fund administrator Mainstream Group has entered into a five-year agreement with investment manager Pendal Group, with it being set to look over $19 ...

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Monthly employer super contributions forecast to fall by $700m

Superannuation funds are only set to be knocked further by COVID-19, with KPMG estimating lowered wages and employment will lead to $700 million less ...

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Responsible entity gets suspension revoked

A responsible entity has had its AFS licence suspension revoked and sought a review of ASIC’s decision. In April, ASIC suspended Ausfunds ...

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APRA reveals latest early super data

APRA has revealed another week of early release super data as the number of new claims finally begins to decline. Over the week to 10 May, super ...

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T. Rowe Price appoints distribution head

T. Rowe Price has announced the appointment of an industry veteran with 20 years’ investment experience as its new head of distribution for Australia ...

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‘Q4 reckoning’ could ravage recovery

There will be “prolonged weakness” once the recovery starts, and indefinite government support might be the only way out. Markets should be ...

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Westpac won’t go down without a fight

Westpac has admitted it broke the law, but it has sent a firm warning that it will fight some of the most controversial charges. Westpac filed a ...

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Early super numbers jump

The early super release scheme has continued to see massive uptake. Over the week to 10 May, super funds made payments to 390,000 members – ...

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