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30 June 2022 • By Jon Bragg • 1 min read

Proposed sustainability standards would ‘inevitably impact’ local markets: ASIC

Companies, investors and other stakeholders have been urged to provide feedback on draft sustainability reporting standards. Global sustainability ...

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Most banks to miss net zero pledge by 2025

An outstanding number of banks worldwide are not on track to meet ESG goals, according to a new report. According to a new report drafted by ...

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ASX vows to do better while ASIC pushes for alternative trading options

The regulator has put pressure on market operators and participants to meet its expectations on resilience. In order to improve the resilience of ...

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ASIC wins appeal against short-term lenders

The firms had claimed they did not require an Australian credit licence. The Full Federal Court has reversed a previous ruling which found that the ...

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Rate forecasts contract following Lowe's recession remarks

An economist has advised caution when interpreting Governor Lowe’s dismissal of the risk of a recession. Money market expectations for the Reserve ...

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Super funds slammed for obscuring test results

ASIC has slammed super funds for employing communication strategies that may have confused or misled members about their product’s performance

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Government clarifies tax treatment of crypto

The federal government has sought to clear up uncertainty about the status of crypto for tax purposes following the adoption of bitcoin as legal ...

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Westpac says second fastest tightening cycle in 30 years to bring rates to 2.6% by year’s end

Westpac expects a cumulative increase in the cash rate of 250 bps over nine meetings, signalling the second fastest tightening cycle since 1990

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Dr Lowe says 4% interest rate by year's end 'unlikely'

The RBA is not on pre-set interest rate path but the governor has dismissed the likelihood of a 4 per cent official interest rate by year’s end

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RBA admits handling of the yield curve caused 'reputational damage'

The RBA has conceded that the disorderly removal of the yield curve policy in late 2021 has caused reputational damage to the bank. The Reserve ...

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