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06 November 2018 • By Eliot Hastie • 1 min read

Chairman of APRA reappointed

Treasurer Josh Frydenberg has announced that Wayne Byres will remain on as chair of APRA. Mr Byres, who has been the chairman of APRA since July ...

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AFSL holder slapped with $9m fine

A Melbourne-based financial services business has been ordered by the court to pay close to $9 million in penalties and has been permanently banned ...

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MLC sale ‘complicated and messy’

NAB says all options are still on the table for the sale of its wealth business after rival CBA secured a buyer for Colonial First State Global Asset ...

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AMP Capital acquires additional infrastructure stake

AMP Capital has agreed to acquire an additional stake in a major infrastructure program on behalf of its infrastructure fund investors. The ...

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Macquarie Group to report another full-year profit amid acquisition speculation

The Macquarie Group has announced it is on track to report another full-year profit in its final year under the helm of Nicholas Moore. In its ...

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Volatility sees ETF investors bolster their positions: Vanguard

The Australian ETF market attracted $1.8 billion in new cash flows in the third quarter of 2018, the highest quarterly cash flows for the year to ...

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IOOF business snapped up for $50m

A financial technology and infrastructure company has announced plans to acquire an Australian corporate trust business for $51.6 million. Sargon ...

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Asset manager’s assets frozen in ASIC sting

ASIC has obtained orders against a Queensland-based fund manager alleging it operated without a business licence and operated an unregistered ...

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A strong economy cannot be taken for granted: PM

Prime Minister Scott Morrison told the Asia Society Australia briefing that Australians could not afford to take a strong economy for granted

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NAB revenue down 14% on FY17

The big four bank’s cash earnings have taken a significant hit due to restructuring-related costs and customer-related remediation announced earlier ...

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