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28 July 2020 • By Lachlan Maddock • 1 min read

Investors underestimate water stress: BlackRock

BlackRock believes that water stress is an “underappreciated risk” and that companies resilient to it will fetch a premium in the transition to a ...

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Westpac doubles its AUSTRAC trouble

Just weeks after publicly flagellating itself over a string of internal failures, Westpac has revealed that its problems with AUSTRAC are far from ...

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Are markets complacent?

Investors are climbing a wall of worry. Will their faith in policymakers pay off, or do they need to take more decisive action? The structural ...

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Westpac appoints new COO

The bank has announced the appointment of a new chief operating officer and the departure of a key executive. Scott Collary will lead Westpac’s new ...

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Goldman Sachs settles corruption scandal for $5.4bn

Goldman Sachs has agreed to a US$3.9 billion ($5.4 billion) settlement with the Malaysian government for its involvement in the 1MDB corruption and ...

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Funds pay out almost 4m release applications

Super funds have now processed almost 4 million applications for early release as the prudential regulator revealed the latest round of payments data ...

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More stimulus on the way: UBS

One of the world’s largest investment banks believes the government will need to unleash more fiscal stimulus if it wants to keep its head above water

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State Street unveils low-cost ESG ETF

The ESG race is heating up as State Street unveils a new low-cost ESG ETF providing similar risk/return profile to the S&P/ASX 200 index

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COVID Commission appoints finance veterans

The government’s COVID Commission will turn its eye to the economic recovery with key finance sector appointments. Prime Minister Scott Morrison ...

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Former BlackRock boss to lead Cbus

Construction industry super fund Cbus has named an ex-BlackRock country head as its incoming chief executive.  Justin Arter is set to commence as ...

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