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19 July 2019 • By Sarah Simpkins • 1 min read

Fitch Ratings downgrades Westpac, ANZ outlook

Credit rating agency Fitch Ratings has changed its outlook on Westpac and ANZ from “stable” to “negative”, following APRA’s update of its capital ...

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Mayfair 101 launches customer-focused brand

International investment group Mayfair 101 is launching a new brand to focus on Australian customers and provide diversified international investment ...

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BetaShares launches UK ETF

BetaShares has established what it calls the first UK-focused ETF on the ASX, tracking Britain’s sharemarket benchmark, the FTSE 100. The ...

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Dealing with post-Hayne regulatory landscape

The regulatory landscape has fundamentally changed since the Hayne royal commission and entities must engage with regulators in new ways in this ...

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Perpetual posts $1.1bn outflows

Perpetual Investment has recorded net outflows of $1.1 billion for the fourth quarter of 2019, while its funds under management fell by $300 million ...

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RBA doesn’t rule out cutting rates further

The RBA has revealed the factors behind the July cash rate decision and has left the door open to further changes in the near term.  The Reserve ...

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HESTA delivers above-target returns

HESTA has posted its investment returns to members for the 2018-19 financial year, which it said were above the target objective.  Over the ...

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Major banks update home lending policy

Two of the big four banks have updated their home loan serviceability assessment policy in response to APRA’s regulatory amendments

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Aus ETFs surpass $50bn

The Australian exchange-traded fund industry has overtaken the $50-billion milestone, according to the newly published report by BetaShares

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Banking reputation at rock bottom

One chief executive has said that the reputation of bankers was at rock bottom and hoped that it would not get any worse. Shayne Elliott, chief ...

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