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21 April 2020 • By Sarah Simpkins • 1 min read

Coronavirus drains $520m from Australian Ethical

Australian Ethical was shaken by market volatility in the first quarter of the year, recording a drop of a half a billion dollars in funds under ...

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Pandemic is window into the future

The COVID-19 crisis is just a dress rehearsal for a much larger, much deeper financial shock – but companies aren’t prepared. The pandemic has ...

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Aussie airline calls in the administrators

The airline is the first high-profile Australian company to go belly up under a sky-high debt burden. Virgin Australia has appointed Deloitte as ...

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US fundie grows Aus presence with new associate

US-based boutique fund manager GQG Partners has expanded its business in Australia by filling its newly created role of client service and operations ...

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Perpetual cops declined funds amid virus

Perpetual was rocked by the coronavirus pandemic during the last quarter, with its advice business ending March on 15 per cent less funds under advice ...

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COVID-19 slows renewables transition

The immediate threat of global pandemic has put the transition to renewable energy on the backburner. While the COVID-19 pandemic is demonstrating ...

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3 million Aussies could be out of work

Social distancing measures have hit employment hard, but the government’s stimulus packages mean the full nature of the crisis is still unknown

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Australia will see ‘mega funds’

Australia’s superannuation sector will soon see its first “mega fund”, but it’s unclear that the benefits of that scale will reach consumers

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Big four bank signals $1.1bn earnings hit

A major bank has indicated its first-half earnings will be eaten away by $1.14 billion, including further remediation provisions dominated by adviser ...

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Investment firms restrained from promoting products

The Federal Court has made interim orders restraining two firms within an investment group from promoting their products, alongside limits on words ...

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