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10 July 2020 • By Lachlan Maddock • 1 min read

ETFs see record inflows

Aussie investors turned to ETFs in “record numbers” through the COVID-19 crisis, according to new research from BetaShares. While the fall in asset ...

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Super funds lock in steady pay rises

The Finance Sector Union has managed to secure annual wage increases of up to 3.5 per cent for staff across AustralianSuper, HESTA and Hostplus, as ...

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NAB defends coal lending 

NAB has told a government committee its funding provided to ASX-listed mining groups has not conflicted with its policy to stop financing new thermal ...

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Investment industry needs cultural reset: Willis Towers Watson

The investment industry has lagged in reforming company culture at the expense of gaining competitive advantage, a new report has said, stating asset ...

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Emerging companies boosting Australian Ethical

Australian Ethical has signalled its full-year profit will be sizeably larger than previously expected, reporting fee revenue from its emerging ...

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WAM firm signals raised dividend ahead of results

A listed investment company managed by Wilson Asset Management has declared a full-year dividend up 15 per cent on the prior year.  The WAM Leaders ...

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Westpac cops $8m underpayment bill

The big four bank has estimated it will be paying around $8 million to around 8,000 staff who were underpaid on long service leave.  Westpac has ...

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Investors urged to consider labourer safety

A shareholder advocacy group has called for investors to review the use of subcontractors in high-risk, frontline sectors during the pandemic, after ...

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Financial complaints up by 13.7%

Australian consumers have lodged 80,546 complaints in the last 12 months with the financial complaints authority, a 13.7 per cent increase ...

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AMP deemed sexual harassment incident ‘lower level breach’

The wealth group said it identified “lower level breaches” of its code of conduct from the new chief of AMP Capital and penalised him appropriately, ...

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