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20 March 2020 • By Sarah Simpkins • 1 min read

Bushfire survivors urge banks to exit fossil fuels

A group of bushfire survivors has penned an open letter to the big four banks, calling on the financial institutions to stop funding fossil fuel ...

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Federal budget delayed

Prime Minister Scott Morrison has announced that the federal budget will not be handed down until later this year and shared details on the second ...

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RBA announces joint agreement with Fed

The latest move by the central banks will help to “lessen strains in global US dollar funding markets”.  The RBA and the Fed will establish a ...

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‘Keep our super strong’

Allowing Australians to access their superannuation now would only “crystallise losses”, according to a leading industry body. Talk has built over ...

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Regulator urges banks to lend out capital

The prudential watchdog has advised the banks now is the time to use some of their capital buffers to keep up ongoing lending to the economy

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‘Building a bridge to recovery’

The RBA has taken the historical step of launching Australia’s first quantitative easing program as the country goes through “extraordinary and ...

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Super funds ‘need to cut services or increase fees’

A new report looking at the effects of the market meltdown for superannuation has warned a number of funds will need to make drastic changes to ride ...

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RBA takes unprecedented action

The RBA has unleashed extreme measures to combat the looming impacts of the coronavirus. In an emergency meeting called weeks ahead of its usual ...

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Asset management giant nabs Citi ETF head

A major asset manager has snatched Citi’s regional head of ETF and index sales and business development to lead its ETFs business in the Asia Pacific

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Major asset manager ditches ETFs

A major asset manager has shuttered its ETFs after they failed to attract investors. UBS Asset Management announced that it will shut down six of ...

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