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02 October 2019 • By Lachlan Maddock • 1 min read

Unconventional policy needed to ease stagnant growth

The RBA needs to do more than cut interest rates in order to improve the economy, according to Professor Richard Holden of the UNSW Business School

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ASIC opens school banking consult

ASIC has invited public feedback on school banking schemes as part of its review on their use and impact, with a consumer group slamming the practice ...

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Banking Code changes not strong enough: ACCC

The Australian Competition and Consumers Commission (ACCC) has criticised the proposed changes to the Banking Code of Practice, saying the banks have ...

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Finance sector to combat modern slavery

The global finance sector has launched an initiative to eliminate modern slavery and help victims of the practice regain their financial independence

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Lowe remains hopeful in face of global uncertainty

Reserve Bank governor Philip Lowe has hinted at the prospect of a third rate cut this year amid sluggish economic growth and global market uncertainty

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ASIC wins court case against asset manager

The Federal Court of Australia has delivered judgment in ASIC’s favour in proceedings against Gallop International Group, Gallop Asset Management, ...

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APRA responds to IOOF victory in Federal Court

The Australian Prudential Regulation Authority has responded to the judgment today in its court action against IOOF entities, directors and executives

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Regulators suffer second defeat after IOOF wins court case

APRA has become the second regulator to fail in its attempt to take legal action against a major financial institution following the Hayne royal ...

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Betting against the banks: Class actions, litigation funders and risk

EXCLUSIVE Class action lawyers are having a field day following the Hayne royal commission. A top litigation funder reveals how taking Aussie ...

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Big four poised to demand clarity after Westpac case

EXCLUSIVE A former Macquarie banker says hazy guidelines around lending will cause problems for the next six months following the Westpac case, ...

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