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16 March 2020 • By Lachlan Maddock • 1 min read

Fed takes war footing

The US Federal Reserve has cut interest rates to nearly zero and launched a multibillion-dollar quantitative easing program as the bank tries to ...

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Big four bank slapped with class action 

A major bank has had a class action filed against in on the behalf of irate shareholders, in regards to market disclosure issues and a money ...

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‘No part of the oil industry works at $30 a barrel’

Saudi Arabia’s move to slash oil prices could have unforeseen consequences further down the track. Following an OPEC meeting where the organisation ...

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RBA acts to steady markets

The RBA has provided the financial system with billions in liquidity in an attempt to steady global markets roiled by the coronavirus outbreak

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Bid to ‘silence shareholders’ fails

The SEC has ruled that a shareholder proposal a global investment bank has sought to block must go ahead. The shareholder proposal, put forward by ...

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Investors calling global recession

The ravaging economic effects of the coronavirus outbreak have caused high probability for a global recession, investment managers have said

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Virus stimulus won’t block recession, economists say

The government’s $17.6 billion virus stimulus package will not save the country from falling into a recession, economic experts have said, with some ...

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Asset Allocation Week wrap-up: Be cautious and selective to weather the storm

Following our discussions with fund managers this week, it’s clear that caution and being selective about what and where you invest is key to ...

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Trump stimulus backfires

President Donald Trump’s announcement of a $50 billion stimulus package has backfired to spectacular effect, essentially ending an 11-year bull market

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Wealth manager lowers fees on key product

A major wealth manager will lower fees for its super and pension product and launch a new core investment list. MLC’s new core investment list will ...

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