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06 July 2020 • By Lachlan Maddock • 1 min read

Economy held together by ‘lots of sticky tape’

Australia may have already seen the worst of its recession, but will suffer from a “toxic trio” of debt, high unemployment and low confidence for ...

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APRA tips early super to surge

The prudential watchdog has signalled that funds should brace themselves for high volumes of early super applications in the second tranche of the ...

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Westpac cops $8m underpayment bill

The big four bank has estimated it will be paying around $8 million to around 8,000 staff who were underpaid on long service leave.  Westpac has ...

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Virus crisis pushes 1m out of work

More than a million Australians have lost their jobs since the start of the coronavirus crisis and 10 per cent of the labour force are working less ...

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ISA blasts early super wipeout

ISA has warned that the early release scheme will surpass government forecasts and leave a generation “languishing” on the pension scheme after almost ...

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Compensation firm slams AMP’s ‘arrogance’

A major compensation law firm has slammed AMP for claiming class actions against it are the fault of Australia’s litigation system, saying the ...

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IPO Wealth set for liquidation

The “tourism mecca” may be no more as IPO Wealth has had liquidators appointed following a bloody court battle. Mayfair 101’s IPO Wealth declared ...

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Superannuation falls for the first time in 11 years

For the first time in over a decade, superannuation members have seen negative growth on their return for the financial year, new research has shown

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Investors urged to consider labourer safety

A shareholder advocacy group has called for investors to review the use of subcontractors in high-risk, frontline sectors during the pandemic, after ...

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Wealth manager cops fine for trading breaches

A global wealth management firm has been slapped with a $75,000 fine from the corporate regulator for breaching trading rules around on-market ...

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