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26 October 2020 • By Sarah Kendell • 1 min read

Federal Court freezes suspected investment scammer's accounts

The Federal Court has ordered the alleged architect of an investment scam be restrained from leaving the country and frozen the bank accounts of his ...

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APRA faces heat on industry fund donations

The prudential regulator was grilled by the House economics committee on Friday around the appropriateness of industry fund political donations, ...

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Westpac flags $1.2bn earnings hit

The big four bank has said its second-half earnings will plummet by $1.2 billion due to write-downs of its life insurance business and further ...

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NSW court hits Societe Generale with fine

The European bank's Australian operations have been hit with a $30,000 fine after the group was found to have breached client money obligations

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Suncorp appoints NZ CEO

Suncorp has confirmed the acting chief of the New Zealand business as its permanent boss. Jimmy Higgins has taken the role, after being acting ...

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Labor slams government lack of vision on budget

Labor has criticised the lack of vision in the budget handed down by the government earlier this month, as the nation moves towards its largest ...

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Certainty grows on a Melbourne Cup rate cut

Australia is likely to see interest rates cut to zero on Melbourne Cup Day, with rates remaining around this level for the next decade as the economy ...

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Volatility to fuel further outperformance from tech

Investors should not be afraid to overpay for tech-focused names that are likely to continue to dominate the global share market as the US election ...

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ANZ cops $10 million fine for unconscionable conduct

The Federal Court has handed down a $10 million fine to the major bank after finding it breached its licensing obligations in respect of fees charged ...

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Government could dismantle super: Hewson

A former Liberal Party leader has added fuel to political speculation that the government may be preparing to dismantle compulsory super, saying the ...

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