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13 May 2020 • By Sarah Simpkins • 1 min read

Hospitality industry tops early super claims, AMP reports

Close to one in five AMP clients working in the hospitality sector applied for the early super release during the scheme’s first two weeks, the wealth ...

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CBA signals $1.5bn loan loss provision

CBA saw its profit fall by 24 per cent year-on-year for its third quarter, with the bank setting aside $1.5 billion to shield against bad loans amid ...

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CBA sells majority stake in CFS

CBA has indicated it will be selling a majority stake in its superannuation and investment business Colonial First State (CFS) for $1.7 ...

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Dividend decline ‘greatly exaggerated’

With a number of companies slashing their dividends, Aussie investors seeking income should be looking overseas. Record low-interest rates were ...

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Markets don’t feel climate heat

Despite the fact that climate change has become a hot button issue for investors, many are still failing to factor it in. While 2019 saw an ...

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Rest shakes off fraud fears

Rest will pay out close to a billion dollars to members as part of the government’s early release scheme despite flagging thousands of applications as ...

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‘There is no money tree’: Frydenberg

Treasurer Josh Frydenberg has outlined the government’s reform agenda while warning that a second wave of infections could be disastrous for the ...

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Will bitcoin see another monster rally?

The supply of bitcoin is set to halve, opening up the possibility of a repeat of the massive rally seen in 2016. From 12 May 2020, bitcoin reward ...

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Trade war needs rethink

China won’t meet its phase one commitments, leaving the path open for an escalation in the trade war – or a radical change in how it’s being fought

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Fintech minister places target on capital

The government will be looking at ways to boost private sector investment in the fintech and regtech industry, the assistant financial services ...

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