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28 May 2020 • By Lachlan Maddock • 1 min read

Bendigo provisions $143m

The bank has taken a grim outlook on the COVID-19 crisis and has provisioned for downside economic scenarios. Bendigo and Adelaide Bank has ...

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MLC unveils new advice business

MLC has announced a new licensee network for self-employed advisers and advice businesses as it attempts to create a “more focused and sustainable” ...

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Franklin Templeton sacks employee over video scandal

The investment company said it has terminated a worker’s employment after a video of her calling the police during an encounter with a black man went ...

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Virus freezes roughly $7.5bn in private capital investment

A survey of the private capital sector has revealed that up to $7.5 billion in new investment activity has been put on ice as a direct result of the ...

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NAB extends raise to $1.25bn

NAB has decided to more than double its latest raising after a reported flood of interest from retail investors, with the bank now pushing for an ...

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Infrastructure companies have ‘social licence’ to operate

The COVID-19 crisis has highlighted how important it is for infrastructure companies to manage all stakeholders in order to thrive. The rolling ...

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ScoMo’s make-or-break moment

The government’s JobMaker program could kick-start Australia’s recovery – or kneecap it. As speeches go, it wasn’t Chifley’s “Light on a hill” or ...

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What will happen after COVID-19?

Despite government focus being on the short-term, with stabilising unemployment and markets being the key, the shock is likely to have long-term ...

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Here be dragons

SPECIAL REPORT China is set to emerge from COVID-19 stronger than ever. So what’s next for the country that will shape the future of the global ...

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APRA court judgement informed IOOF settlement

The law firm that brought the now-ended class action against IOOF has revealed that its client opted to bow out after observing the APRA showdown in ...

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