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Could we see a double-dip recession in 2021?

07 December 2020 • By Sarah Kendell • 1 min read

Could we see a double-dip recession in 2021?

The global economy’s ability to keep momentum going on a recovery depends on several key risk factors, an international asset manager has said

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GDP figures hide longer tail of recovery

While December’s GDP figures may have indicated a pleasing bounceback in the economy, a major global fund manager has warned that Australia is not out ...

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IOOF puts 2-year timeline on remediation

IOOF has flagged its remediation of advice customers will take two more years, as it restructures its expanded wealth business following an ...

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InvestorDaily launches industry-first ESG Summit

InvestorDaily will next year host its inaugural ESG Summit, off the back of unprecedented demand from investors and advisers wanting to know more ...

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ASIC downplays industry fund ad concerns

The corporate regulator has declined to take further action against industry funds seeking to align themselves with the retail super sector through ...

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CBA flags 16% profit slump

The major bank announced its cash profits for the first quarter of the 2020 financial year had slumped 16 per cent year-on-year, but said growth in ...

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BT questions APRA data on MySuper fees

BT has suggested APRA’s super heatmap is not an accurate representation of returns being generated for fund members, as the wealth giant faced a ...

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Consumers exit loan deferrals as recovery picks up

New figures from the prudential regulator show the number of consumers exiting loan deferral arrangements soared in September, in a sign that the ...

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Pharmaceutical exec charged with insider trading

The general manager of an ASX listed pharmaceuticals group has been charged with insider trading following allegations from the corporate regulator ...

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US asset manager makes bid for AMP

The wealth giant has revealed a US-based alternative investment manager has made an offer to acquire 100 per cent of its shares. In a statement to ...

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