Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

markets

18 March 2020 • By Sarah Simpkins • 1 min read

Weak wealth outcomes drag major bank’s credit rating

A credit ratings giant has downgraded a major Australian banking group, citing poor results across its wealth management and life insurance businesses

READ MORE
icon

Australia braces for massive virus hit

The coronavirus outbreak will lead to at least two quarters of “well below-trend growth”, sufficient to trigger rising unemployment, with any recovery ...

READ MORE
icon

‘Is there a way out?’

A massive combined offensive of fiscal, medical and monetary policy is required to dull the financial impacts of the coronavirus outbreak, according ...

READ MORE
icon

Investment manager cops criminal charges

An investment manager has been hit with criminal charges related to handling client money. Societe Generale Securities Australia faced charges in ...

READ MORE
icon

Regulator takes major provider to court for MySuper misconduct

The corporate watchdog has commenced civil penalty proceedings against a major bank’s superannuation business over dealings with its MySuper accounts

READ MORE
icon

Coronavirus recession tipped to transform investing

The recovery from an anticipated coronavirus-triggered global recession will see a new era with fundamental shifts across how people live, do business ...

READ MORE
icon

Rapid recovery ‘very unlikely’: RBA

The RBA foresaw that the economic impacts of the coronavirus were unlikely to be contained at its March meeting and is now gearing up for drastic ...

READ MORE
icon

Stock exchanges back trade restrictions

Securities exchanges have supported the corporate watchdog’s new trade limits for large equity market participants, as the coronavirus outbreak ...

READ MORE
icon

Second stimulus on the way

The government is fast tracking a second wave of stimulus measures as Australia stares down the “grim reality” of a recession. The federal ...

READ MORE
icon

Asset manager expands into Queensland

A specialist investment manager has opened a new office in Brisbane, with plans to expand its assets across the Queensland state. Centuria Capital ...

READ MORE