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01 October 2020 • By Lachlan Maddock • 1 min read

ScoMo manages budget expectations

Prime Minister Scott Morrison warned that next week’s budget would remain vulnerable to the global economic situation but was reluctant to explain how ...

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Moody’s downgrades AMP over wealth, governance struggles

Moody’s Investors Service has downgraded its ratings for AMP Group and its banking arm, citing dampened operating results, reputational damage from ...

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Slashed dividends demand equities rethink: First Sentier

The cuts to dividends in the reporting season as 70 per cent of ASX-listed companies shrunk or axed their payouts have shown that generating income ...

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Class action lawyers circling Westpac’s $1.3bn fine

Westpac’s settlement with AUSTRAC and its $1.3 billion penalty will play into the process for a shareholder class action against the bank, a lawyer ...

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IPO floodgates open, fundie reports

Australian small-cap investors have an unprecedented opportunity to gain exposure to new company floats, with a spike in listings, according to small ...

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Loan losses, underpaid wages weigh on BOQ results

Bank of Queensland has flagged a $175 million loan impairment expense with a further $11 million provisioned for remediating underpaid staff, ahead of ...

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‘No time for stinginess’: think tank

A think tank that boasts a number of Liberal high-flyers has called for the government to unleash a Rudd-style fiscal stimulus. The Blueprint ...

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MetLife commits to 30% emission reduction

MetLife has committed to shrink its greenhouse gas emissions by 30 per cent from 2019 levels, originate $20 billion in green investments and allocate ...

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Budget ‘badly bent’ but not broken: Deloitte

The government is staring down the barrel of massive budget deficits for the foreseeable future, but more spending will be needed to grow the economy ...

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Most Aus funds underperforming benchmarks

The majority of active funds had worse performances than their respective benchmark indices in the first half of the year, according to the S&P ...

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