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12 May 2020 • By Lachlan Maddock • 1 min read

Trade war needs rethink

China won’t meet its phase one commitments, leaving the path open for an escalation in the trade war – or a radical change in how it’s being fought

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Fintech minister places target on capital

The government will be looking at ways to boost private sector investment in the fintech and regtech industry, the assistant financial services ...

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Ten super funds covered two thirds of early release total

APRA has published its first round of fund-level data on the superannuation early release measure, reporting two weeks into the scheme, the 10 funds ...

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ESG funds rose during COVID-19 sell-off

Sustainable funds pulled US$45.6 million ($69.7 million) in net inflows during the first quarter, while the overall fund universe copped outflows of ...

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Industry Super, ME Bank summoned for parliamentary probe

Industry Super Australia and ME Bank have been called to front an “urgent” public hearing by a parliamentary committee, with an MP saying the conduct ...

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Budget blowout runs to billions

Australia won’t be back in black for years as the Morrison government’s stimulus packages leave a deficit running into the hundreds of billions

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Clime in acquisition talks for wealth group

Clime Investment Management has confirmed it is bidding for a wealth manager that was previously held by embattled fintech group Sargon Capital

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Business confidence plummets

Business confidence has fallen to a second consecutive monthly low, but the easing of restrictions could see optimism return. According to Roy ...

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Suncorp suffers as bank CEO jumps ship

Suncorp isn’t alone in suffering massive impairment costs, but the sudden departure of a key executive and massive underpayment of workers could ...

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Sovereign wealth fund picks chief

Future Fund has promoted its chief investment officer as its new boss. Dr Raphael Arndt has become the sovereign wealth fund’s new chief executive, ...

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