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07 June 2018 • By Killian Plastow • 1 min read

BT backs ‘top 10' default super list

BT chief executive Brad Cooper has acknowledged that the Productivity Commission's recommendation for a top 10 ‘best in show’ list of default funds is ...

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Bank ‘super cycle’ over: Morgan Stanley

Morgan Stanley has cut its price targets on all of the major banks by an average of 7 per cent, with tighter lending standards and the royal ...

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March GDP numbers beat expectations

Australia’s economy grew by 1 per cent in the first quarter of 2018, above the market consensus and putting annual growth at 3.1 per cent. The ...

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Beware ‘yield at any price’: Man FRM

UK hedge fund Man FRM has issued a warning about the more “esoteric” parts of the high yield market that it says could freeze up in a rising interest ...

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Australian Unity property fund added to Netwealth

Two of Netwealth’s platforms will now include Australian Unity’s diversified property fund. Australian Unity announced in a statement that its ...

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AUSTRAC fine ‘immaterial’ for CBA

The Commonwealth Bank remains on track for an annual profit of nearly $10 billion despite agreeing to a record $700 million penalty on Monday, says ...

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Magellan opens up Airlie to retail investors

Airlie Funds Management has launched an Australian share fund to retail investors five months after being acquired by global equities manager Magellan

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RBA stays hand on cash rate

The Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent for the 22nd month in a row. The RBA has elected to keep the ...

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DomaCom obtains $100m lending line

A number of private lenders have partnered up with DomaCom to provide the property crowdfunding firm's managed investment scheme with an initial ...

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Hedge funds investing $59bn ‘responsibly’

Hedge funds are investing approximately 10 per cent of their assets in line with responsible investment principles, according to a new survey of the ...

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