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25 October 2019 • By James Mitchell • 1 min read

S&P flags ‘high risk’ of economic imbalances in Australia

The global ratings agency has warned that Australia’s economic imbalances remain elevated, reflecting high property prices and subdued consumer and ...

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AMP Capital net outflows total $1.1 billion

AMP’s wealth management business saw net outflows of $1.9 billion while its investment manager, AMP Capital, saw $1.1 billion in net outflows. The ...

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Hamish Douglass still skipping to work

The fund manager continued to channel his great hero Warren Buffett as he addressed Magellan shareholders at the group’s AGM this week

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Future Fund delivers 10% return

Australia’s sovereign wealth fund has outperformed the benchmark and grown funds under management to $167 billion. Since 2006 when the Future Fund ...

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Shareholders pressure major banks on climate policy

Three of the big four banks are facing shareholder resolutions around climate policy at their upcoming annual general meetings, with activists calling ...

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Global economy could bounce back in 6 months: T. Rowe Price

Despite industry speculation around an oncoming global recession, global asset management giant T. Rowe Price has predicted the global economy will ...

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WiseTech hits back at J Cap claims

WiseTech has released a second statement addressing the latest research from J Capital, refuting many of its claims and casting doubt on others

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Westpac takes $341m profit hit in second half

The big four bank has today announced that its cash earnings for the second half of 2019 will be reduced by $341 million due to customer remediation ...

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Average Aussie worth $562,000: Credit Suisse

Weaker real estate prices and the depreciation of the Aussie dollar against the US have reduced the number of millionaires in Australia over the last ...

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Hong Kong recession won’t spread

Hong Kong could sink into a devastating recession but its impacts will be confined to the city-state, according to an analyst from Moody’s

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