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08 May 2020 • By Lachlan Maddock • 1 min read

Could a ‘new economic order’ be on the cards?

A global asset manager sees COVID-19 bringing about a new era of government intervention in the global financial system, with previously unprecedented ...

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RBA sees light at the end of the tunnel

The RBA is growing more optimistic about Australia’s economic recovery, with a more rapid return to normal on the cards. The RBA still expects the ...

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AMP cancels NZ wealth sale 

A major bank has dropped plans to divest its New Zealand wealth management business following the COVID-19 economic meltdown.  AMP has confirmed it ...

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Sunsuper builds army for early release onslaught

Sunsuper has revealed it added more than 65 staff to its customer engagement team during April, as the early super release gave rise to a flood in ...

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Companies tipped to pull $350bn in working capital

The hunt for capital in a COVID-19-strained economy has been forecast to see Australian companies squeeze a total of more than $350 billion, with as ...

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Xinja feels pandemic pinch

Xinja has been forced to lower interest rates across its savings accounts to keep up with the RBA’s unprecedented policy moves. Xinja will cut the ...

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What comes after COVID-19?

Credit Suisse has warned that COVID-19 will be a “turning point” for investors as the global economy experiences sweeping structural change in the ...

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Link braces for super merger mania, slowed industry growth

Fund administrator Link Group has forecast over the long-term, COVID-19 is set to cause increased fund mergers and subdued growth of new accounts as ...

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COVID-19 puts fossil fuels on backburner

As eyes now turn to the recovery, could the renewables sector offer hope to economies ravaged by the pandemic? With the IMF now predicting a ...

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Rest pays out millions, but fraud runs rampant

The fund has paid out hundreds of millions in early super, but warned that the “heightened risk of fraud” was slowing them down. Rest has paid ...

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