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29 January 2020 • By Sarah Simpkins • 1 min read

Open banking retains big four reign, crushes newcomers: Raiz

Mobile investment app Raiz Invest has slammed the open banking regime and urged for an overhaul of the ePayments Code and the ADI accreditation ...

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Clime backs LICs as government reviews commissions

A fund manager has defended the $41 billion listed investment segment in the midst of industry scrutiny, following the government indicating it will ...

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Government instigates open banking inquiry

The federal government has launched an inquiry into Consumer Data Right, assessing factors such as third parties being granted the ability to initiate ...

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Macquarie staff tied to German tax fraud scandal 

Macquarie Group has disclosed 60 of its current and former employees including chief executive Shemara Wikramanayake are now suspects in an ...

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ASIC reins in fund manager

ASIC has suspended the licence of another Sydney-based fund manager for a period of six months.  ASIC suspended the AFS licence of Global Merces ...

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ASIC clamps down on Sydney investment managers

ASIC has suspended the Australian financial services licenses of Sydney-based Theta Asset Management and Valuestream Investment Management

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WiseTech stock remains volatile: Morningstar

WiseTech’s stock has failed to recover from a short-seller attack late last year and could fluctuate further, according to analysis from Morningstar

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Frydenberg rejects ‘green swan’ bailouts

Treasurer Josh Frydenberg has clamped down on suggestions that central banks could be forced to take drastic action to ward off a climate-related ...

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Social mobility at record low: WEF

Most economies are now failing to create conditions in which their citizens can thrive, with income inequality more entrenched than ever, according to ...

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Fire-impacted farmers to get financial relief

Primary producers impacted by the bushfire emergency will receive thousands in aid as part of the federal government’s $2 billion relief package

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