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14 April 2020 • By Lachlan Maddock • 1 min read

Unemployment soars as virus pummels economy

Unemployment will rise steeply while the number of Australians seeking early access to their superannuation has nearly doubled. While the federal ...

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Westpac braces for billion-dollar hit

Australia’s most troubled bank is still counting the costs of the royal commission and regulatory enforcement, and the worst could be yet to come

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Super fund slashes leadership pay by 10%

A superannuation fund’s directors and executives have committed to a 10 per cent cut in remuneration, as the fund buckles down for the COVID-19 crisis

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Boutique fundie cuts staff pay amid virus volatility

A boutique fund manager has slashed its employees’ pay after assessing its operation amid the COVID-19 pandemic, with its chief’s salary to be docked ...

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Consumers looking to financial providers for support amid crisis

Almost two-thirds of consumers have said that the COVID-19 crisis has already directly impacted their financial position, according to a new study, ...

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Aussie neobank gets huge cash injection

An Australian neobank has pulled off a massive series A round, raising millions to accelerate product development. 86 400 raised $34 million in ...

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Global trade takes monster hit

Global trade has fallen more than 4 per cent this quarter and is set to extend that loss as the coronavirus ravages supply chains. Businesses with ...

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Dividend expectations ‘too high’

Dividend expectations will be subject to “significant” downgrades as the reality of the coronavirus crisis hits home.          Dividend cuts or ...

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Goldman Sachs picks global regulatory head, compliance chief

An investment banking giant has appointed a new global head of regulatory affairs and a chief compliance officer. Kathryn Ruemmler has joined the ...

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Investment group appoints company secretary

The new company secretary will replace the chief financial officer, who had been serving in the position in the interim. Sylvie Dimarco has been ...

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