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08 September 2020 • By Lachlan Maddock • 1 min read

AMP cops key downgrade

S&P has lowered its outlook for AMP following the departure of several key executives and now believes an upside scenario in the next two years is ...

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Mayfair rejects liquidator report

Embattled investment group Mayfair 101 has rejected the findings of liquidator Dye & Co in the latest skirmish of a prolonged legal battle

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JobKeeper rorters shouldn’t pay exec bonuses: Westacott

Business Council of Australia (BCA) CEO Jennifer Westacott has blasted companies using JobKeeper to pay executive bonuses during the worst recession ...

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Frydenberg flags hands-off recovery

Treasurer Josh Frydenberg has suggested that tax cuts and the JobMaker plan will be doing most of the heavy lifting when he unveils the budget in ...

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15k customers can’t repay: ANZ

ANZ has estimated around 15,000 of its mortgage customers may not ever be able to resume repayments, as the bank begins a two-month engagement process ...

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Use super to save capitalism: Ackman

A Wall Street billionaire has warned that adopting Australia’s superannuation system is the only way to solve the problem of wealth inequality

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ESG confusion ‘harms the planet’

The gap between ESG scores and sustainability is making it harder for investors concerned about the impact their investments are having on the ...

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Cryptocurrency spruiker cops seven-year ban

The corporate regulator has banned a sales representative of an online cryptocurrency platform from financial services for seven years. In a ...

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Aussie investors have unrealistic expectations: Schroders

Australian investors have lowered their expectations but are still anticipating returns above the benchmark, according to new research from Schroders

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Keating blasts RBA, ‘bitchy’ Liberals

Former prime minister Paul Keating has demanded the RBA “get off their tails” and do more to support the recovery while launching another attack at ...

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