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04 October 2022 • By Maja Garaca Djurdjevic • 1 min read

Business as usual, RBA announces pivot

The RBA has pivoted and opted for a 25 bp rate hike. The Reserve Bank of Australia (RBA) has announced a 25-basis-point (bp) rate hike, taking the ...

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FMSB and ASIC ink agreement to facilitate ‘fair’ wholesale financial markets

ASIC and the Financial Markets Standards Board agree to promote fair market practices.  The two bodies have signed a consultation agreement to ...

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Labor accused of switching gears and attacking franking credits from new angle

In a letter penned to shareholders, Wilson Asset Management has voiced its disagreement with the proposed changes. Earlier this week in a surprise ...

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Commonwealth Bank cleared of wrongdoing in conflicted remuneration case

The Federal Court has dismissed proceedings brought by the corporate regulator against a major bank for allegedly breaching conflicted remuneration ...

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Labor reignites franking credits debate

The Labor government is pursuing changes to franking credits akin to 2019. The surprise move, which was detailed in a draft legislation published ...

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Climate Council casts spotlight on Australia's major polluters

The Climate Council has personally written to the CEOs of Australia's 10 biggest industrial polluters, asking for real cuts to their emissions every ...

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Reserve Bank reports ‘significant’ loss

The RBA’s deputy governor said pandemic spending has blown the central bank’s budget out by more than $35 billion. The RBA has incurred around $36 ...

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ACCC coming after businesses with fake green claims

ACCC is actively targeting ‘greenwashing’ this year.  The ACCC announced on Tuesday that it will soon be commencing an internet sweep of various ...

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Treasurer says expect ‘bread-and-butter’ budget in October

Labor's first budget in October will be a “bread-and-butter” budget, according to Treasurer Chalmers. The October budget will be the first in a ...

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How high will interest rates go

The RBA wants to see interest rates meet inflation and remain there.  The Reserve Bank (RBA) is targeting interest rates of 2.5 to 3 per cent, the ...

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