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24 January 2020 • By Lachlan Maddock • 1 min read

ASIC reins in fund manager

ASIC has suspended the licence of another Sydney-based fund manager for a period of six months.  ASIC suspended the AFS licence of Global Merces ...

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ASIC clamps down on Sydney investment managers

ASIC has suspended the Australian financial services licenses of Sydney-based Theta Asset Management and Valuestream Investment Management

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WiseTech stock remains volatile: Morningstar

WiseTech’s stock has failed to recover from a short-seller attack late last year and could fluctuate further, according to analysis from Morningstar

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Frydenberg rejects ‘green swan’ bailouts

Treasurer Josh Frydenberg has clamped down on suggestions that central banks could be forced to take drastic action to ward off a climate-related ...

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Social mobility at record low: WEF

Most economies are now failing to create conditions in which their citizens can thrive, with income inequality more entrenched than ever, according to ...

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Fire-impacted farmers to get financial relief

Primary producers impacted by the bushfire emergency will receive thousands in aid as part of the federal government’s $2 billion relief package

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China shakes off currency manipulator status

The US has offered another olive branch in the lead-up to the phase one deal, removing China’s designation as a “currency manipulator”

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Big tech deserves to be broken up

Big tech companies like Facebook and Amazon are facing annihilation, but they only have themselves to blame. When Americans go to the polls in ...

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NAB tipped to fork out $500m for AUSTRAC breaches

The major bank is yet to face the wrath of AUSTRAC after reporting a number of compliant breaches to the financial crime regulator. In its annual ...

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Government releases draft legislation on APRA-ASIC cooperation

The Morrison government has released for consultation draft legislation that will oblige ASIC and APRA to co-operate with one another, following a ...

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