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28 January 2020 • By Sarah Simpkins • 1 min read

Government instigates open banking inquiry

The federal government has launched an inquiry into Consumer Data Right, assessing factors such as third parties being granted the ability to initiate ...

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New oil shocks could bring the world to its knees

The US is less dependent on Middle Eastern oil than ever before, and that’s a big problem for the rest of us. It’s well understood that a butterfly ...

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Macquarie staff tied to German tax fraud scandal 

Macquarie Group has disclosed 60 of its current and former employees including chief executive Shemara Wikramanayake are now suspects in an ...

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Why McFarlane came out of retirement to chair Westpac

Westpac’s new chairman John McFarlane was living out his retirement in the UK when he got a call from Lindsay Maxsted. In an interview with Michael ...

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System catches consumers in ‘retirement trap’: BetaShares

According to new research, retirees will need to accumulate more than half a million dollars in super, before their income will stop eroding with the ...

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Challenger added to gender equality index

Wealth giant Challenger has been named as a new addition to the Bloomberg Gender-Equality index, with the list looking to expanding on available ESG ...

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ASIC reins in fund manager

ASIC has suspended the licence of another Sydney-based fund manager for a period of six months.  ASIC suspended the AFS licence of Global Merces ...

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ASIC clamps down on Sydney investment managers

ASIC has suspended the Australian financial services licenses of Sydney-based Theta Asset Management and Valuestream Investment Management

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WiseTech stock remains volatile: Morningstar

WiseTech’s stock has failed to recover from a short-seller attack late last year and could fluctuate further, according to analysis from Morningstar

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Aussie investors ditch fixed income

Australian investors are increasingly moving away from traditional assets and looking abroad in their hunt for yield, according to J.P. Morgan. A ...

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