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31 October 2017 • By Aleks Vickovich • 1 min read

Venture capital tax incentives extended to fintech

The federal government has released exposure draft legislation that will remove restrictions for venture capital investors to access tax concessions ...

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Macquarie remains Australia's top fund manager

Macquarie Group remained the largest Australian fund manager throughout 2016 with $472 billion under management, making it the 52nd-largest manager in ...

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Blockchain has potential for widespread use: RBA

The Reserve Bank of Australia has extolled distributed ledger technology and indicated its potential use within Australian financial services

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NAB settles BBSW court case for $50m

NAB has become the second major bank to reach a settlement with ASIC over alleged manipulation of the bank bill swap rate, leaving Westpac to fight ...

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VicSuper ditches AMP for MetLife

VicSuper has appointed MetLife as its new group insurer, ending a 24-year relationship with AMP. The $19 billion industry fund VicSuper has ...

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Managed accounts drive stockbroker transition

The rise of managed accounts has handed stockbrokers a lifeline as emerging technology aids the shift from transactional to strategic advice, says ...

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Macquarie announces $1.25bn half-year profit

Macquarie has posted a $1.25 billion net profit for the six months to 30 September 2017, up 19 per cent on the prior corresponding half-year. The ...

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Stripped-back ANZ posts $6.4bn profit

ANZ is halfway through a multi-year “transformation” that is creating a more “agile” business with a renewed focus on its Australian and New Zealand ...

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Netwealth IPO to raise $264m

Platform provider Netwealth has lodged a prospectus with the ASX as part of an effort to raise $264 million via an IPO, with the company expected to ...

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Major banks and insurers eye up annuities

Shifts in demographics and regulation may see life insurers and financial institutions drift towards the annuities market, Morningstar has predicted

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