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19 August 2020 • By Sarah Kendell • 1 min read

ASIC obtains court orders against investment scammer

The corporate regulator has obtained orders from the Federal Court to appoint receivers to a NSW-based company caught impersonating a stockbroking ...

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ANZ dishes out dividend

The bank has announced it will pay a dividend amidst strong performance and growth in home loans. ANZ saw its unaudited cash profit from continuing ...

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Westpac’s line in the sand

CEO Peter King is hoping Westpac’s cultural about-face will grant the bank a stay of execution as the AUSTRAC matter inches toward the end of the line

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Westpac ditches dividend

Despite better than expected results, the bank has opted not to pay out a first half dividend.  Westpac unaudited cash earnings for 3Q20 were $1.12 ...

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Mayfair slams Vasco

Mayfair 101 managing director James Mawhinney has accused liquidators of extortion and said that trustee Vasco’s move to appoint them was motivated by ...

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Credit Suisse and Jarden split

Credit Suisse Australia and Jarden have called it quits, ending their thirty-year strategic alliance.  Credit Suisse Australia and Jarden announced ...

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2% return makes super system worthwhile

New research from PwC has put paid to the idea that tax concessions around super are a waste of government spending, indicating that just a 2 per cent ...

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‘There is no free lunch’: Lowe

RBA governor Philip Lowe has nixed calls for direct financing of government spending and called on states to do more in a wide-ranging appearance ...

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NAB comes out swinging

NAB reported stronger-than-expected results for the third quarter, but turnaround king Ross McEwan still has his work cut out for him. NAB reported ...

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NAB takes COVID hit

NAB’s third-quarter earnings fell 7 per cent as COVID-19 bit into its bottom line. NAB reported unaudited cash earnings of $1.55 billion in the ...

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