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14 January 2020 • By Lachlan Maddock • 1 min read

China shakes off currency manipulator status

The US has offered another olive branch in the lead-up to the phase one deal, removing China’s designation as a “currency manipulator”

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Big tech deserves to be broken up

Big tech companies like Facebook and Amazon are facing annihilation, but they only have themselves to blame. When Americans go to the polls in ...

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NAB tipped to fork out $500m for AUSTRAC breaches

The major bank is yet to face the wrath of AUSTRAC after reporting a number of compliant breaches to the financial crime regulator. In its annual ...

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Government releases draft legislation on APRA-ASIC cooperation

The Morrison government has released for consultation draft legislation that will oblige ASIC and APRA to co-operate with one another, following a ...

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RBA could cut again

The RBA looks set to slash rates again following the release of its December minutes. While the RBA board noted that the economy appeared to have ...

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NAB puts dollar value on ASIC action

NAB chairman Philip Chronican has commented on ASIC’s fee-for-no-service action by stating that the issue only relates to around $1.3 million in ...

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ASIC takes major bank to court

BREAKING ASIC has commenced civil penalty proceedings in the Federal Court against a Big Four bank, seeking findings of several thousand ...

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Westpac woes worsen as APRA BEARs its teeth

With the bank facing no less than three investigations, how much worse can it get? Nobody was shocked when APRA announced their investigation of ...

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ASIC sues life insurance giant

ASIC has commenced proceedings in the Federal Court against a major life insurer for alleged breaches of the ASIC Act, the Corporations Act and ...

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Rate cuts working: T. Rowe Price

The RBA’s rate cuts are beginning to affect the Australian economy, according to analysis from T. Rowe Price. Randal Jenneke, head of Australian ...

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