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29 April 2019 • By Eliot Hastie • 1 min read

ASIC appoints receiver for former OTC firm

ASIC has successfully applied to the Federal Court of Australia for orders to appoint receivers for a former OTC derivatives issuer.  Berndale ...

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SME fund met with industry scepticism

A new small business fund that would be open to investment from super funds and banks has been met with scepticism from the industry after it was ...

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ABS data fuels cash rate cut speculation

Speculation is growing around a monetary policy adjustment from the RBA after stagnant inflation growth reported by the ABS.  According to the ...

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RBA rate cut imminent

Prominent investor Shane Oliver has predicted that an RBA rate cut is imminent and could come as soon as next month. Shane Oliver, head of ...

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One FAANG stock takes the lead

WCM Investment Manager believes that there is one FAANG stock that stands out among the rest of the pack.  FAANG technology stocks, featuring ...

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CBA to face Fair Work Commission over alleged job cuts

The Finance Sector Union of Australia has lodged a dispute with the commission over alleged job cuts that have been proposed by Commonwealth Bank

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NAB added remediation to hurt profit

NAB’s extended remediation provisions of $525 million post-tax will reduce its cash profit by around 10 per cent for the first half and 5 per cent for ...

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Fighting Climate Change golden opportunity for investors

Prominent investor Jeremy Grantham has released a white paper detailing how the climate change sector will provide strong investment opportunities

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Australian Ethical expecting 19% profit increase

Australian Ethical has released its guidance for the 12 months leading up to June, expecting its full year underlying net profit after tax to be ...

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NAB to fork out another $525m in remediation

The major bank has announced additional charges of $525 million after tax in connection with increased provisions for its customer-related remediation ...

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