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09 May 2023 • By Reporter • 1 min read

CBA posts $2.6bn Q3 net profit, signals ‘predictable and sustainable returns’

Commonwealth Bank has released its third quarter trading update. Commonwealth Bank (CBA) has reported an unaudited statutory net profit after tax ...

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Former Courtenay House contractor handed 2-year sentence

A former promoter of Courtenay House investments has been sentenced. Athan Papoulias, a former contractor to and promoter of Courtenay House ...

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BlackRock introduces ‘low-cost’ iShares infrastructure and real estate ETFs

The firm plans to launch the lowest-cost infrastructure and real estate ETFs in the Australian market. BlackRock Australia has revealed that it ...

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Macquarie delivers record profit of $5.2bn, maintains ‘cautious’ stance

The group has attributed its performance to the diversity of its activities and the expertise of its teams. Macquarie Group has posted a record net ...

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NAB shares sink over 6% despite ‘strong’ half-year results

NAB feels “well placed” to withstand failures on the global banking scene and projects continued growth. NAB has reported cash earnings of $4.07 ...

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Westpac’s Evans warns against ‘radical’ RBA monetary policy board model

According to Westpac’s chief economist, the proposed structure of the RBA’s monetary policy board is more radical than the models used in other ...

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How much do we really care about responsible investing?

Being green is easy when markets are running hot. But how important is ESG to investors when returns are harder to come by? One could argue that ...

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Momentum launches new financial services podcast

InvestorDaily is pleased to announce the launch of a new weekly podcast that explores the people, products, and strategies shaping Australia’s ...

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RBA likely to hold interest rates, but CBA stands firm on predicted hike in May

Another pause is seen as the most likely scenario in light of the latest inflation data, but one major bank is holding on to its prediction for a 25 ...

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Morningstar reveals latest upgrades and downgrades for fixed income strategies

The firm has updated its ratings for seven fixed income strategies following a review. Three fixed income strategies have been upgraded by ...

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