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05 September 2023 • By Jon Bragg • 1 min read

Lowe announces last rate decision as RBA governor

The RBA has revealed the final rate call with Philip Lowe at its helm. The Reserve Bank of Australia (RBA) elected to leave the cash rate unchanged ...

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ASIC takes Westpac to court

The regulator has launched civil penalty proceedings against the big four bank. On Tuesday, the Australian Securities and Investments Commission ...

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Shipton’s emotional plea for accountability: An open letter to Chalmers

After delivering an emotional speech during a parliamentary inquiry into ASIC, James Shipton has written an open letter to the Treasurer demanding ...

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abrdn drops out of benchmark UK index

The global investment manager is exiting the FTSE 100 for the second time in a year. Following its latest quarterly review, global index provider ...

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APRA questions funds’ revaluation triggers in Canva probe

The prudential regulator has discovered that superannuation funds lacked proper revaluation triggers when Canva experienced a significant valuation ...

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Clime names new CFO

Following the resignation of its interim CFO, the investment manager has welcomed a permanent replacement. Clime Investment Management has ...

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Hostplus and Maritime Super finalise merger

The super funds have completed their merger which was originally announced last year. On Monday, Hostplus and Maritime Super announced that a ...

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Equity Trustees’ super trustee business exceeds $50bn in funds under supervision

The superannuation trustee business grew by almost $10 billion during the past financial year, with Equity Trustees highlighting further growth in the ...

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IAM boosts capital markets ranks

The firm has named a newly created head of sales by hiring from within. Income Asset Management (IAM) has appointed Jenna Labib as its new head of ...

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Natixis IM expands AFSL targeting retain investors, advisers

Natixis Investment Managers has expanded its AFSL to target financial advisers. In a statement issued on Monday, the fund manager announced a ...

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