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Royal commission

21 October 2019 • By Lachlan Maddock • 1 min read

Royal commission could have gone further: Ferguson

The Hayne commission didn’t go far enough and is having its impacts undone by the Morrison government, according to Banking Bad author and journalist ...

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ASIC skewers OTCs in annual report

ASIC has indicated that it will continue to take on misconduct in the retail OTC sector in its annual report, with more regulation potentially on the ...

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APRA used new powers, but won’t name names: annual report

APRA claims it has already used powers given to it by the parliament in April against a number of super funds but did not name them in their annual ...

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More rate cuts on horizon despite inflation fears

The RBA has refused to rule out further interest rate cuts despite concerns they could drive inflation, according to the minutes of their October ...

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Radical changes ahead for defined contribution

Defined contribution (DC) has moved beyond its role as a simple retirement saving vehicle, with significant change ahead for the industry, according ...

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British insurance giant warns of global recession

British multinational Aviva has downgraded its economic lookout for 2020, citing sluggish global growth and the ongoing US-China trade war

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Outlook remains uncertain despite trade ceasefire

Aussie equities rallied on Monday on news that a break in the US-China trade war could be imminent. But the future remains far from certain for the ...

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ASIC sues NAB as 297 loans come into question

The corporate regulator has commenced proceedings in the Federal Court against NAB for breaches of the law related to the bank’s loan “introducer” ...

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Magellan to raise $275m after posting 35% profit growth

The Sydney-based fund manager has entered a trading halt as it looks to raise $275 million to fund new growth opportunities. On Tuesday (13 ...

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Investment roles to be disrupted

Almost half or 48 per cent of investment professionals expect their role to be significantly different or non-existent within the next five to 10 ...

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