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07 March 2023 • By Reporter • 1 min read

Challenger launches quarter-billion-dollar capital raise

The ASX-listed investment management firm is set to issue a new tranche of capital notes to fund subscription of additional Tier 1 capital

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RBA delivers latest rate decision

The RBA has announced its March rate decision.  The Reserve Bank of Australia (RBA) announced a 25 basis point increase on Tuesday, lifting ...

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Expert warns super tax tweak may lead to future tax changes

An expert has suggested that the government could be testing the waters for further tax tweaks with its latest superannuation tax changes

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Magellan suffers $800m of outflows, another fall in FUM

The fund manager has experienced yet another month of declines. Magellan Financial Group has declared that it had $45.4 billion in funds under ...

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Bravura confirms $80m capital raising amid $190.9m H1 net loss

After requesting a voluntary suspension of its securities, Bravura has announced an $80 million capital raise.  Bravura has launched a fully ...

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RBA predicted to lift rates by another 25 bps despite soft economic data

Key data released over the past month is unlikely to sway the central bank.  The Reserve Bank of Australia (RBA) is once again widely expected to ...

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Big four bank criticised over refusal to pause regional branch closures

The issue of regional branch closures is under inquiry by a Senate committee. NAB has attracted significant criticism for refusing to halt the ...

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CBA and ANZ to participate in RBA’s CBDC pilot

The two major banks are among 14 organisations which have been invited to participate in the central bank digital currency pilot by the RBA and DFCRC

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ESG investors must look beyond short-term blips

The start of 2022 tested ESG investors’ resolve amid macroeconomic volatility but having a long-term view is critical, an adviser said

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GDP growth moderates further as high inflation and rates take their toll

Australia experienced its fifth consecutive rise in quarterly GDP during Q4 2022, but the rate of growth eased for the second quarter in a row

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