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11 July 2019 • By Sarah Simpkins • 1 min read

Sentiment falls despite rate cuts

Australian consumer confidence has fallen to a two-year low, according to the Westpac-Melbourne Institute, despite a further cash rate cut, the ...

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MLC Super faces class action

William Roberts Lawyers and litigation funder IMF Bentham are working to bring a class action against MLC Super Fund trustee company NULIS Nominees ...

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Man Group launches ESG analytics tool

Investment manager Man Group has established a dashboard-style tool designed to monitor financial risks and environmental, social and governance ...

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ASFI launches working group to steer ESG outcomes

The Australian Sustainable Finance Initiative has announced the individuals that will make up its four working groups to better inform the initiatives ...

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ASIC beneficiary of data retention regime

ASIC has revealed how it has benefited from the controversial data retention regime when investigating white-collar crime.  In a submission to the ...

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Poor culture costs major banks $500 million

The culture at three of Australia’s biggest banks will cost them $500 million each after APRA has advised it will increase their minimum capital ...

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Grattan Institute releases ‘deeply flawed’ super analysis

New research from the Grattan Institute has found that lifting compulsory superannuation contributions would make middle Australians poorer, but ...

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APRA increases loss-absorbing capacity requirements

The regulator has announced its plan to increase the loss-absorbing capacity requirements for ADIs by requiring banks to lift total capital by 3 ...

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Aus ETFs projected to hit $100bn

ETF assets in Australia have been forecast to reach $100 billion by 2022 in a new Stockspot report, which would double the sector’s size during the ...

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Next recession will be triggered by political error

Another recession is not currently on the cards for the global market. But when it comes, it will be caused by a political error, according to one ...

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