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30 April 2020 • By Lachlan Maddock • 1 min read

As countries reopen, risks remain

The global recovery is now underway, but a number of key risks threaten to derail it. While suppression and social distancing measures have been a ...

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ANZ takes billion-dollar hit

The bank’s profits fell more than 50 per cent off the back of COVID-19, and it will defer its dividend decision until there is “greater clarity” on ...

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ESG front of mind

The “collective wake-up call” of COVID-19 is seeing ESG go mainstream, with retail and institutional investors alike turning towards more responsible ...

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Westpac not out of the woods

Despite provisioning for potential loan losses, the bank could still take massive hits as a result of enforcement and the worsening economic outlook

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UBS profit up 40% as trading spikes

UBS saw its profit surge by 40 per cent year-on-year during the first quarter, but the investment bank is bracing itself for hits from the coronavirus ...

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Investors snatch $11.8bn from Aus funds in virus frenzy

Calastone has revealed Australia’s managed funds copped their highest net outflows in March, with redemptions across the funds network totalling to ...

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Second wave isn’t priced in

Almost half of businesses have no contingency plans for the possibility of a second outbreak of coronavirus. Research and advisory firm Gartner has ...

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Collapse more rapid than Great Depression: Treasury

The economic impacts of the coronavirus shock are occurring faster than they did during the Great Depression, and Australia may not ever return to ...

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America has 3 months

American businesses can only survive the impacts of social distancing measures for another three months, with the economy unlikely to see a rapid ...

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‘Nothing short of a revolution’: BlackRock

The massive crisis response means that the coming recession probably won’t be a replay of 2008 – but the execution could be off. While even the ...

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