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11 December 2019 • By Sarah Simpkins • 1 min read

ASIC takes trustee to court

ASIC has commenced action in the Federal Court in Western Australia, focused on the promotion and management of the Sterling Income Trust

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Heatmap ignores full picture: SuperRatings

While others in superannuation have welcomed more industry transparency, consultant SuperRatings has slammed the publishing of superannuation data in ...

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Vale Paul Volcker

Legendary Federal Reserve chairman Paul Volcker has passed away following a battle with prostate cancer. He was 92. Prior to serving in the Federal ...

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Westpac, AUSTRAC make first court appearance

Westpac and AUSTRAC have started negotiating what they agree happened with the alleged 23 million breaches of anti-money laundering laws

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APRA approves IOOF acquisition

APRA has approved IOOF’s bid to purchase ANZ superannuation licensees OnePath Custodians and Oasis Fund Management, following the regulator’s court ...

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Higher NZ capital to drag banks’ ROE: Morningstar

The additional capital requirements imposed on the big four by the Reserve Bank of New Zealand has seen analysts downgrade their forecasted return on ...

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Finance flags reputation risks post-Hayne

Finance leaders are more conscious of reputational risks than ever before, according to a new report from Norton Rose Fulbright. What was ...

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APRA pushes for banking data transparency reform

In a letter to the banking industry, APRA has outlined plans for all data it collects for quarterly ADI publications to be considered non-confidential ...

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RBNZ orders big 4 to raise $19.1bn capital

New Zealand’s central bank has decided the Kiwi arms of the big four will now have to almost double their total capital, an estimated combined ...

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Bligh backflips on Royal Commission

Australian Banking Association CEO Anna Bligh has changed her tune on the royal commission, saying “sunlight is a powerful disinfectant”

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