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08 May 2020 • By Lachlan Maddock • 1 min read

RBA sees light at the end of the tunnel

The RBA is growing more optimistic about Australia’s economic recovery, with a more rapid return to normal on the cards. The RBA still expects the ...

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Clearing house pleads guilty to mishandling client money

The company is the first in Australia to face criminal prosecution and plead guilty to breaching client money provisions. Pershing Securities ...

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RBA announces policy decision

The RBA has announced its latest decision on monetary policy as economic uncertainty becomes the new normal. The RBA held interest rates at 0.25 ...

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The stimulus is a stay of execution

Australia is losing billions every week to COVID-19. But do the government’s stimulus measures go far enough? Treasurer Josh Frydenberg has ...

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Regulator’s criminal charges more than triple

ASIC has revealed it ramped up its prosecutions in the second half of 2019, with the number of criminal charges it laid surging by 367 per cent ...

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Fed ‘needs to be bolder’

The Federal Reserve has signalled it will prop up markets indefinitely until it is confident the American economy has weathered COVID-19, but some ...

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Early super numbers rise

Senator Jane Hume has revealed the number of Australians who have accessed their superannuation has risen sharply. When the numbers were announced, ...

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Funds to be named and shamed on super payment times

The prudential regulator will monitor the progress of super funds in making early release payments to their members every week, with individual funds ...

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RBA calls for reforms

RBA governor Philip Lowe has flagged the need for major business reforms as Australia experiences its biggest contraction in national output and ...

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Senator checks APRA on super liquidity

Liberal senator Andrew Bragg has pressed APRA with questions via the Senate economics committee, seeking reassurance that the superannuation funds ...

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