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31 July 2020 • By Sarah Simpkins • 1 min read

AMP, CBA, BT to face class actions

AMP, CBA and BT have been targeted in a set of class actions alleging the groups failed to act in the best interests of consumers, through selling ...

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IOOF leadership cops pay cuts

IOOF’s boss and chairman have signed off on having their pay sliced by 20 per cent for six months, with the group’s executives, directors and chief ...

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Deutsche Bank dumps Arctic oil financing, signals coal mining exit

Deutsche Bank has indicated it will immediately stop financing for any new oil and gas projects in the Arctic region as it plans to cut ties to coal ...

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Westpac doubles its AUSTRAC trouble

Just weeks after publicly flagellating itself over a string of internal failures, Westpac has revealed that its problems with AUSTRAC are far from ...

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Are markets complacent?

Investors are climbing a wall of worry. Will their faith in policymakers pay off, or do they need to take more decisive action? The structural ...

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Three in four investors using ESG

The proportion of institutional investors using ESG to measure company performance has more than doubled in two years, with the majority using climate ...

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Fund manager urges NSW to roll out Modern Slavery Act

Boutique group Ethical Partners Funds Management is one of 117 signatories pushing for the NSW state government to implement its Modern Slavery Act ...

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Bendigo Adelaide Bank, Great Southern case resurfaces with new class action

A Sydney law firm has garnered almost 600 expressions of interest for a new class action to challenge settlement terms agreed to in 2014 that ...

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Government faces climate risk investor class action

A 23-year-old student has launched a lawsuit against the Australian government for failing to account for and disclose climate risk to bond investors

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IPOs halve amid COVID meltdown

The number of Australian initial public offerings in the first half of 2020 halved year-on-year, according to a new report, with a number of companies ...

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