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Magellan spends big on financial services shake-up

21 September 2020 • By Lachlan Maddock • 1 min read

Magellan spends big on financial services shake-up

Magellan has announced it will become a foundation investor in a new Australian-based financial services firm led by UBS’ former top deal-maker

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BlackRock lashes boards

BlackRock has come down hard on ESG stragglers, opposing the re-election of more than 5,000 directors as it broadens its investment stewardship ...

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Unemployment defies doomsayers

The unemployment rate has dropped sharply in a rare piece of good news from the depths of the COVID-19 recession. Seasonally adjusted employment ...

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Unemployment drops as Australia reopens

The unemployment rate has dropped as the economy gained more than 100,000 jobs.  Seasonally adjusted employment rose by 111,000 (0.9 per cent) ...

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Frydenberg demands Victoria get back on track

The OECD is predicting a softer hit to Australia’s economy, but Victoria is still in the naughty corner as border restrictions bite the government’s ...

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Aussie economy bruised but not battered

Employment and consumption are both stronger than expected – but the recovery remains uneven, and states could be doing more to help. The RBA’s ...

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UBS embraces ESG with private wealth pivot

One of the world’s largest investment banks has announced that its US$2.6 trillion global wealth management business will now prioritise sustainable ...

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JobSeeker cut will cost economy billions: Deloitte

The government’s move to cut JobSeeker will cost the economy $31.3 billion and 145,000 full-time jobs, according to analysis from Deloitte. The ...

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Greater consequences needed for companies rorting JobKeeper: Leigh

Labor MP Andrew Leigh has said that more pressure needs to be put on companies that used JobKeeper to pay dividends and executive bonuses

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Rio Tinto boss steps down

The Juukan Gorge debacle has claimed the scalps of a number of Rio Tinto’s key executives. Rio Tinto CEO J-S Jacques will step down from his role ...

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