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04 June 2020 • By Sarah Simpkins • 1 min read

Retirees slash spending amid virus fears

New research has shown that uncertainty about the future is leading older Australians to cut back on everyday necessities and travel, with 65 per cent ...

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Finance failing in fight against racism

While protests continue across America and the world, the finance sector is failing to combat racism and inequality. Efforts by corporations to ...

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Big banks join forces on climate risk

Australia’s largest financial institutions have joined forces to develop key climate risk modelling standards. NAB, Westpac, CBA have come together ...

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Home of the broke?

New analysis shows the US will be dealing with the economic fallout of COVID-19 for at least a decade. The Congressional Budget Office (CBO) ...

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MP demands ME Bank back before parliamentary committee

Liberal MP Tim Wilson has called for industry super fund-owned ME Bank and the financial regulators to appear for a parliamentary hearing, after ASIC ...

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Experts tip economy won’t fully rebound until 2022

Around 85 per cent of experts and economists have forecast the global economy will not be fully recuperated for at least two years, according to a new ...

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JP Morgan partners with Calastone

JP Morgan Asset Management has signed on to a new service from global funds network Calastone, introducing automated settlements to its Morgan Money ...

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Bendigo provisions $143m

The bank has taken a grim outlook on the COVID-19 crisis and has provisioned for downside economic scenarios. Bendigo and Adelaide Bank has ...

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MLC unveils new advice business

MLC has announced a new licensee network for self-employed advisers and advice businesses as it attempts to create a “more focused and sustainable” ...

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Franklin Templeton sacks employee over video scandal

The investment company said it has terminated a worker’s employment after a video of her calling the police during an encounter with a black man went ...

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