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07 September 2022 • By Maja Garaca Djurdjevic • 1 min read

Is the RBA in dangerous territory?

The RBA is stepping into dangerous territory, an economist has said. Tuesday’s 50-basis-point (bp) rate hike was not unexpected, but it did send ...

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APRA chair lays out challenge for larger institutions' risk management

The chair of APRA has delivered a speech on risk management this week. The biggest challenge for Australia’s largest institutions regarding risk ...

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RBA undeterred by warnings, keeps foot to the floor

Some economists now expect the RBA to raise official interest rates to 3 per cent by the year’s end. The Reserve Bank of Australia (RBA) has ...

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Ban on binary options for retail clients extended to 2031

ASIC has extended its product intervention order banning the issue and sale of binary options to retail clients, after they were estimated to cause ...

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Permanent migration cap lifted but for one year only

The annual migration intake will increase from 160,000 to 195,000, but a backlog in visa processing is keeping thousands of potential employees at the ...

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Perth Mint to face audit over money laundering concerns

AUSTRAC said it has identified compliance concerns with anti-money laundering and counter-terrorism financing laws. Gold Corporation, trading as ...

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Labor faces delicate balancing act ahead of budget

With only weeks to go, the government faces its biggest task yet – introducing a budget that does not put upward pressure on interest rates

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ASIC takes aim at brokers offering high-risk products to retail investors

The corporate regulator has issued a warning to trading platforms offering high-risk products to retail investors. In a statement on Wednesday, ...

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ASIC calls on super trustees to improve TMD effectiveness

The corporate watchdog has issued a call-out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of ...

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Expectations 'realistic' ahead of jobs summit

This week’s jobs and skills summit will tackle wages, skills shortages, and productivity, but while super fund bosses made the cut, the big banks' ...

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