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15 April 2020 • By Sarah Simpkins • 1 min read

AMP wealth earnings tipped to plunge

Analysts have indicated that they expect AMP’s wealth management business to represent a quarter of the group’s earnings over the medium term, down ...

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Pandemic gouges world’s biggest banks

The world’s largest banks have posted multibillion-dollar losses in what will come as a reality check for markets ahead of reporting season

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ASIC eases regulation

ASIC will halt some of its regulatory activities in order to provide relief to firms “under enormous strain” from the COVID-19 pandemic

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Former Treasury secretary dies, aged 79

Former Treasury secretary Ted Evans has been remembered as a highly respected economist after he died, aged 79, on Saturday morning. Mr Evans was ...

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Mayfair 101 to fight ASIC action

The investment group has decided it will “vigorously defend the proceedings” brought against it by the corporate watchdog in the Federal Court

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Unlisted asset concerns ‘too simplistic’, industry super CIO says

The scrutiny around superannuation funds’ unlisted assets and their liquidity ahead of the early super roll out has been too superficial, the chief ...

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OPEC ends price war

OPEC has agreed to production cuts that will put an end to the bitter price war that has wracked the global economy for weeks. The price war began ...

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Wealth veteran returns to industry body

The new deputy CEO of a finance sector association is an industry veteran and has joined the body from one of the big four banks. Blake Briggs will ...

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Unemployment soars as virus pummels economy

Unemployment will rise steeply while the number of Australians seeking early access to their superannuation has nearly doubled. While the federal ...

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Westpac braces for billion-dollar hit

Australia’s most troubled bank is still counting the costs of the royal commission and regulatory enforcement, and the worst could be yet to come

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