Government confirms first recession in 29 years

The government has confirmed Australia will enter recession for the first time in almost three decades, with the economy contracting in the ...

by Sarah Kendell

more stories

  • Iress acquires OneVue

    Australia's biggest provider of financial advice technology has announced it will acquire a major listed platform provider. ...

    by Sarah Kendell
  • Chinese financier stakes claim on Madison sale

    Platform provider OneVue has conceded that a recent claim from a Chinese creditor regarding the collapse of Sargon could see a further court...

    by Sarah Kendell
  • Linchpin directors cop 5-year ban

    Three former directors of liquidated advisory firm Linchpin Capital have been banned from financial services for five years. ...

    by Sarah Kendell
  • Real unemployment approaching 10%

    Treasury has revealed to the Senate committee on COVID-19 that April’s unemployment figures could be much higher than indicated due to t...

    by Sarah Kendell
  • Up to 150 fund members affected by early release scam

    The Australian Federal Police are investigating a fraud committed through the government's early release of super scheme where up to 150 sup...

    by Sarah Kendell
  • Preferred bidder emerges for dealer group sale

    A preferred bidder will be selected this week to purchase a privately owned dealer group whose fate has been in limbo since receivers were a...

    by Sarah Kendell
  • Statement of agreed facts filed in NAB case

    A statement of agreed facts and admissions has been filed in the Federal Court by ASIC, MLC Nominees and NULIS. ...

    by Lachlan Maddock
  • November rate cut unlikely

    A rate cut in November is less likely following the release of CPI data, but quantitative easing remains an option for the RBA. ...

    by Charbel Kadib
  • Aussie finance vulnerable to cyber-attack

    Australian financial institutions are at greater risk of cyber attack than ever before due to their lucrative nature and outdated IT systems...

    by Lachlan Maddock


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