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Preferred bidder emerges for dealer group sale

29 April 2020 • By Sarah Kendell • 1 min read

Preferred bidder emerges for dealer group sale

A preferred bidder will be selected this week to purchase a privately owned dealer group whose fate has been in limbo since receivers were appointed ...

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Statement of agreed facts filed in NAB case

A statement of agreed facts and admissions has been filed in the Federal Court by ASIC, MLC Nominees and NULIS. The statement sets out facts that ...

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November rate cut unlikely

A rate cut in November is less likely following the release of CPI data, but quantitative easing remains an option for the RBA. The Australian ...

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Aussie finance vulnerable to cyber-attack

Australian financial institutions are at greater risk of cyber attack than ever before due to their lucrative nature and outdated IT systems

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Aussies most anxious about retirement: Franklin Templeton

Australians are more anxious about their retirement savings than their global peers, according to a report from Franklin Templeton. Around 70 per ...

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Fed cuts rates, citing global uncertainty

The US Federal Reserve has cut rates by a quarter point, citing continued global uncertainty and low inflation. This is the Fed’s third rate cut of ...

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Former Westpac boss warns against QE

Former Westpac CEO David Morgan has warned against the risks of unconventional monetary policy as quantitative easing (QE) continues to gain traction ...

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Chi-X slams ASX

Upstart stock exchange Chi-X has slammed competitor ASX at a press briefing in Sydney, questioning its competitive advantages and the efficacy and ...

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CPI and Fed decision could herald rate cuts

The announcement of CPI data and a potential rate cut by the Fed could make a November rate cut more likely. “To be honest with you, we do have one ...

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Hong Kong enters recession, with no end in sight

Hong Kong has officially entered technical recession, with the city’s financial secretary refusing to rule out further negative growth

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