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17 July 2019 • By Sarah Simpkins • 1 min read

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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Investment in peer-to-peer lending an industry first

One Australian super fund has invested in new energy loans via a peer-to-peer lender in what is touted as an Australian super fund first

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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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Union demands government action on credit insurance

The Finance Sector Union of Australia has urged government action on consumer credit insurance and bank cultural issues following ASIC’s report into ...

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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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Investment complaints surge

Consumer complaints relating to investment and advice rose by 69 per cent in the first six months of the Australian Financial Complaints Authority’s ...

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Yield-starved investors given alternative

A new investment product has been launched for investors across Australia that are struggling to find yield.  La Trobe Financial has launched a new ...

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