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02 September 2020 • By Lachlan Maddock • 1 min read

Frydenberg puts brave face on recession

As the COVID-19 recession is confirmed, Treasurer Josh Frydenberg is hoping that the worst is behind us. GDP contracted by 7.0 per cent in June – ...

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Future Fund goes negative

The sovereign wealth fund posted a rare negative return and warned that a “challenging and volatile environment” could kneecap its previously strong ...

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Recession confirmed as GDP collapses

Australia’s GDP has contracted for a second consecutive quarter, confirming Australia’s first recession in 29 years. GDP contracted by 7.0 per cent ...

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AMP considering more asset sales

AMP will undertake a portfolio review of its assets and businesses after an influx of enquiries following the sale of its Life business

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RBA makes September rate call, expands bank support

The RBA has announced its latest decision on interest rates and expanded its support for authorised deposit-taking institutions (ADIs). The RBA has ...

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Companies rorting JobKeeper named and shamed

Labor MP Andrew Leigh has called out a number of large companies using JobKeeper for executive bonuses and dividend payouts, accusing them of abusing ...

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Will policy outlast the pandemic?

With reporting season offering little in the way of guidance, investors are banking on stimulus that will soon be withdrawn. As a ...

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Opposition admits benefits of early super release

The federal opposition has conceded that the government’s early release scheme has positively contributed to the economy, but flagged concerns about ...

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ESG hysteria can cause stormy markets

New research has found that institutional investors overreact to bad ESG news, causing “wild fluctuations to the share market”. Researchers from ...

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Vaccine around the corner, but don’t get comfortable

Morgan Stanley sees an emergency vaccine by early next year, but warns that there’s still plenty of time for the market to retrace its lows

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