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12 May 2020 • By Lachlan Maddock • 1 min read

Trade war needs rethink

China won’t meet its phase one commitments, leaving the path open for an escalation in the trade war – or a radical change in how it’s being fought

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Fintech minister places target on capital

The government will be looking at ways to boost private sector investment in the fintech and regtech industry, the assistant financial services ...

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ESG funds rose during COVID-19 sell-off

Sustainable funds pulled US$45.6 million ($69.7 million) in net inflows during the first quarter, while the overall fund universe copped outflows of ...

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Budget blowout runs to billions

Australia won’t be back in black for years as the Morrison government’s stimulus packages leave a deficit running into the hundreds of billions

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Business confidence plummets

Business confidence has fallen to a second consecutive monthly low, but the easing of restrictions could see optimism return. According to Roy ...

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Suncorp suffers as bank CEO jumps ship

Suncorp isn’t alone in suffering massive impairment costs, but the sudden departure of a key executive and massive underpayment of workers could ...

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Macquarie profit drained by COVID-19, dividend halved

Macquarie Group has halved its full-year dividend after it saw the coronavirus crisis eat away at its profit, with the company warning of further ...

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Shareholders launch first strike at AMP

The majority of voting shareholders protested AMP’s executive pay at its annual meeting, as its chairman disparaged the two-strike rule

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Could a ‘new economic order’ be on the cards?

A global asset manager sees COVID-19 bringing about a new era of government intervention in the global financial system, with previously unprecedented ...

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Companies tipped to pull $350bn in working capital

The hunt for capital in a COVID-19-strained economy has been forecast to see Australian companies squeeze a total of more than $350 billion, with as ...

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