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21 November 2019 • By Lachlan Maddock • 1 min read

Utilities ‘underappreciated’: T. Rowe Price

Utilities could offer a safe harbour as global finance heads into a rocky 2020, according to a report from T. Rowe Price. “Utilities offer the best ...

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Saudi Aramco IPO goes up in flames

It’s bad times for Saudi Aramco as investors desert its IPO in droves. What was meant to be a decisive victory for Saudi Aramco (SA) has quickly ...

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Westpac failure linked to child sex trafficking

The financial crimes watchdog has alleged that Westpac’s failure to appropriately monitor its customers meant they did not identify 12 people ...

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Market ‘saturated’ with ESG talk, says fund manager

Ausbil Investment Management believes it is important to not only consider companies that are industry leaders in environment, social and governance ...

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AUSTRAC takes action against Westpac over 'systemic non-compliance'

BREAKING AUSTRAC has applied for civil penalty orders against Westpac over 23 million contraventions of money laundering laws.  AUSTRAC alleges ...

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IOOF loses key exec, ANZ boss admits concerns

The wealth giant has lost its freshly appointed chief risk officer at a pivotal time for the company as its acquisition of ANZ’s OnePath business ...

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APRA lays out culture game plan

APRA has released its plans to scale up its regulation of governance, culture, remuneration and accountability across the finance sector, with ...

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Big four come out swinging on cyber

One of the more surprising revelations of last week was the fact that the big four have been toughening up their cyber security policies

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RBA almost cut on Cup Day

What was widely considered to be a remote possibility was being given serious consideration in Martin Place as thousands of punters flocked to ...

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Investor warns super funds against following the herd

An investment manager has said APRA’s new heatmap will drive superannuation funds to mirror their peers’ movements, which together with outdated ...

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