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15 February 2019 • By Eliot Hastie • 1 min read

The case for an interest rate cut

One global asset management firm has made a case for an interest rate cut from the RBA given current market conditions in Australia.  Nikko AM is a ...

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Suncorp profit plummets by almost half

The Suncorp Group delivered a net profit after tax attributable to owners of the company of $250 million for the half year, plunging by 45 per cent ...

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Investors call to remove weapons from indices

Institutional investors are calling on index providers to remove controversial weapons from global indices as part of a movement towards responsible ...

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EM demand grows despite market instability

Investment flows in emerging markets debts have reached their second highest inflow on record during the first week of February, despite asset class ...

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Macquarie raises forecast, shares spike

Macquarie Group saw its shares hit a three-month high on the ASX following its 3Q19 update, in which the bank upped its forecast for the full year, ...

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Trade in innovation can predict future growth

A global investment manager has pointed to the trade of ideas, rather than that of commodities, as the ultimate driver of global economic growth

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Challenger AUMs up, profit down

Challenger has seen its total assets under management come to $78.4 billion for 1H19, up by 2 per cent on the prior corresponding period (pcp), as its ...

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Labor to establish tougher bank prosecutor

In the wake of the royal commission, Labor has made an election promise to create a new special prosecutor that has already been labelled ‘bank cop’

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Bendigo profit drops, says RC neglected market competition

Bendigo and Adelaide bank has seen its statutory net profit after tax take a hit for the first half year, coming to $203.2 million, down 13 per cent ...

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MLC Wealth sale ‘likely’ pushed back to 2020

NAB has noted the sale of its MLC wealth management businesses may be delayed until 2020 following the Hayne royal commission final report and the ...

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