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19 April 2024 • By Jessica Penny • 1 min read

Australian company failures on track for 11-year high

The number of company failings is set to exceed 10,000 before July, new data has shown. Between 1 July 2023 and 31 March 2024, 7,742 companies ...

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Gradual loosening in the jobs market not consistent with near-term rate cuts, economist says

According to an economist, for the RBA, the key question will be whether the very gradual loosening in the jobs market will be enough to continue to ...

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Market rigging lands former director $850k fine

A former director has been ordered to pay $850,000 for market rigging offences. The Federal Court has ordered Adam Blumenthal, former director of ...

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ASIC commences civil proceedings against 3 blockchain mining companies

The corporate regulator said it is concerned the digital assets of investors in products offered by these companies are “at risk of dissipation”

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From dovish to slightly hawkish: Bank views split on RBA minutes

The big banks are divided in their interpretation of the RBA’s latest minutes. The Reserve Bank’s (RBA) March minutes have been perceived by most ...

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Investment manager has 'grave concerns' over increasing wholesale threshold

A specialist wholesale investment manager has argued increasing the wholesale investor threshold would lessen competition. In a submission to the ...

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Steady inflation aligns with RBA’s shift in tone: Economists

Most economists are interpreting the steady inflation in February as aligning with the RBA’s shift in tone away from a hiking bias. The consumer ...

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Chalmers welcomes climate reporting amendments following Coalition ‘denial’

The Albanese government is working towards incentivising investments towards the net zero transformation. Australia’s largest companies will be ...

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RBA flags global risks to financial stability despite brightening outlook

Global financial stability risks are “elevated” even as the outlook has improved, according to the Reserve Bank. The Reserve Bank of Australia ...

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Director of crypto fund rapped for unlicensed services

The corporate regulator has handed down a permanent ban to the director of a crypto fund, whom ASIC deemed to lack “integrity, trustworthiness and ...

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