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30 March 2020 • By Sarah Simpkins • 1 min read

Wealth group withdraws guidance

A wealth management group has dumped its previous earnings guidance, indicating the pandemic-driven market weakness will drag its fund management and ...

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Frydenberg cracks down on foreign investment

All foreign investment in Australia will now require government approval after an unprecedented move by Treasurer Josh Frydenberg. The monetary ...

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Over third of investors unhappy with downturn performance: survey

Diversifying strategies has failed to pay off for a number of investors, with a survey finding more than a third using investment grade credit ...

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COVID-19 stress testing super governance, consulting giant says

The coronavirus pandemic is stress testing the robustness of governance structures, clarity of internal accountabilities and crisis management plans ...

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Banks bring out big guns

Australia’s biggest banks have expanded their support for customers impacted by the coronavirus with a slew of new measures to fight off recession

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Aus GDP tipped to see 15% peak-to-trough hit

As the world ramps up its response to the coronavirus outbreak, an investment manager has projected a GDP contraction of around 15 per cent ...

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Risk index spikes at record high

Systemic risk has hit an all-time high, a financial services giant has reported, with the coronavirus pandemic continuing to take hold of the market

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Pandemic, bushfire-battered consumers holding investment sector accountable, body says

As Australia grapples with the economic and health impacts of the COVID-19 pandemic fresh after the bushfires, a survey has reported the majority of ...

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Early super withdrawals projected to total up to $50bn

A financial services consultancy has estimated the early superannuation release measure will drain the industry of $40 billion to $50 billion, as ...

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‘We’re seeing something we’ve never seen’

One of the world’s largest investment banks says it’s impossible to tell when the global economy will reopen for business as draconian containment ...

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