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22 March 2019 • By Charbel Kadib • 1 min read

$25bn mortgage slump hits bank profits

Australian banks saw a sharp year-on-year contraction in new home loan settlements in light of tighter credit conditions and reduced demand for ...

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‘The business model is challenged’: AMP

Troubled wealth giant AMP has admitted it faces a long hard road to recovery. With an increasingly vigilant regulator, conduct remains its greatest ...

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Financial inclusion the silver bullet for gender inequality

The chief executive officer of Woman’s World Banking has said that including women in the financial industry may be the silver bullet in solving ...

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Volatility causes analyst confidence plunge

Volatility in global politics, increasing input costs and rising funding prices are causing one of the largest drops in wealth managerial confidence ...

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CBA could retain wealth business: Morningstar

A longer-term rethink of the merits behind the Commonwealth Bank’s demerger of its wealth management business could see it retained under the major ...

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Macquarie assets poised to grow

Macquarie Group is well placed for growth in its wealth management, according to Morgan Stanley, which expects the bank’s gross inflows in its ...

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Westpac restructures wealth management

Westpac has made changes to its wealth management and leadership, with it expecting to save around $73 million. Westpac has published its plan to ...

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‘FONGO’: Top forecaster’s property market warning

Property investors will be weighing up their options as prices continue to slide in the nation’s largest capital cities. Last week the Reserve Bank ...

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Industry rallies to boost diversity

Future IM/Pact has signed on two new partners in an effort to attract more diverse talent into investment management.  Challenger Limited and ...

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ETFs achieve highest monthly growth

The Australian ETF sector has reached its highest monthly funds under management (FUM) increase of $2.3 billion, surpassing the previous peak of $2 ...

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