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04 May 2020 • By Sarah Simpkins • 1 min read

Cash rate movements uncertain amid pandemic

Close to nine in 10 economists have said they do not think international travel will restart until next year, with many being unsure amid the ...

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‘A once-in-a-lifetime event’

Australia’s most troubled bank has revealed plummeting profits amid a shake-up in its wealth business and ongoing negotiations with the financial ...

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APRA reveals first early super data

APRA has revealed key data on the early super release scheme and vowed to take action on funds that don’t toe the line. Super trustees have now ...

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Big four bank takes billion dollar hit, announces dividend decision

Another of Australia’s big four banks has revealed the true cost of the coronavirus to its bottom line and announced its decision on dividends

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Early super numbers spike

The Prime Minister has revealed the latest rise in early super numbers.  There have now been 950,000 applications to access superannuation, worth ...

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Super funds tipped to hoard cash, earn less after early release

Liquidity concerns around the early super release scheme will cause superannuation funds to hold more cash and earn less in future, an actuary has ...

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Early super payouts tick over $7bn, as claims near $8bn

Superannuation funds have been estimated to have made around 855,000 individual payments for the early release by Thursday, totalling at around $7

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Markets look to recovery, ignoring damage done

With one of the worst ever quarters in the rear view, markets are pricing in “light at the end of the tunnel”. But that could be a mistake. Markets ...

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Regulator’s criminal charges more than triple

ASIC has revealed it ramped up its prosecutions in the second half of 2019, with the number of criminal charges it laid surging by 367 per cent ...

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Client redemptions, market drag Janus Henderson assets

The COVID-19 market downturn and net outflows saw Janus Henderson close its first quarter of the year with a fifth less in assets under management

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