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24 March 2020 • By Lachlan Maddock • 1 min read

Fed launches ‘QE infinity’

It’s to infinity and beyond as the US Federal Reserve announces unlimited asset purchases to support markets roiled by coronavirus panic and an oil ...

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Fund administrators retract earnings forecasts

Two fund administrators have withdrawn their full-year guidance as the effects of the coronavirus pandemic have cast uncertainty on their operations, ...

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Government set to unleash third stimulus

The latest measures announced by the federal government will not be the last, with the final bill for the stimulus likely to run into the hundreds of ...

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Banks come out swinging against recession

The industry has announced a raft of measures to support households and businesses in a move that could revive their reputation and ward off recession

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Bushfire survivors urge banks to exit fossil fuels

A group of bushfire survivors has penned an open letter to the big four banks, calling on the financial institutions to stop funding fossil fuel ...

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Federal budget delayed

Prime Minister Scott Morrison has announced that the federal budget will not be handed down until later this year and shared details on the second ...

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Coronavirus round-up: Daily updates

Investor Daily brings you the latest commentary and updates from the likes of UBS, Janus Henderson, and JPMorgan on the coronavirus outbreak

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Active managers to come out on top, investors say

Active managers are set to surpass passive investing in the coming volatile period, a chief investment officer has said, as markets continue to be ...

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Weak wealth outcomes drag major bank’s credit rating

A credit ratings giant has downgraded a major Australian banking group, citing poor results across its wealth management and life insurance businesses

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Australia braces for massive virus hit

The coronavirus outbreak will lead to at least two quarters of “well below-trend growth”, sufficient to trigger rising unemployment, with any recovery ...

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