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30 January 2019 • By Eliot Hastie • 1 min read

Cashwerkz platform reaches $1.5bn

Cashwerkz has announced that cash invested using its deposit platform has reached $1.5 billion, ahead of its forecast.  Cashwerkz, an online ...

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MLC Wealth announces fee cuts

MLC Wealth has announced a massive reduction in fees to win back trust in the market.  Cuts of up to 50 per cent across MLC’s Wrap and retail ...

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BlackRock’s Larry Fink says society needs corporate leadership

BlackRock chairman and chief executive Larry Fink has encouraged corporate leaders to focus on purpose in a world where democracies have descended ...

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AMP profits slide 35 per cent, dividend slashed 

The troubled financial services group has downgraded its profit expectations and drastically reduced its dividend payout for 2018. In a trading ...

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Protecting privacy to be forefront of Open Banking

The Australia Banking Association has made their submission to the first privacy impact assessment of the Consumer Data Right and stressed that ...

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Shane Oliver revises housing outlook, tips 25% price falls

AMP Capital chief economist Shane Oliver believes house price falls could be greater than he anticipated following weak auction clearance figures

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RC report release will ‘take into account’ market sensitivity

The final report from the financial services royal commission could be released later than expected, after Treasurer Josh Frydenberg said government ...

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Global equities topping ETF returns

Global equities improved last week, led by the financial sector, according to the ETF Securities Australia Weekly Market monitor. Geared equity ETF ...

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Dividends to rise to record highs

Total dividends increased in the last year and a new report says that this year will see an even higher dividend increase.  The report from Plato ...

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Challenger profit expected to plunge

Challenger has downgraded its forecast for 1H19, now expecting its statutory net profit after tax to plummet by 97 per cent from the year before, with ...

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