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17 March 2020 • By Sarah Simpkins • 1 min read

Regulator takes major provider to court for MySuper misconduct

The corporate watchdog has commenced civil penalty proceedings against a major bank’s superannuation business over dealings with its MySuper accounts

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Coronavirus recession tipped to transform investing

The recovery from an anticipated coronavirus-triggered global recession will see a new era with fundamental shifts across how people live, do business ...

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Rapid recovery ‘very unlikely’: RBA

The RBA foresaw that the economic impacts of the coronavirus were unlikely to be contained at its March meeting and is now gearing up for drastic ...

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Stock exchanges back trade restrictions

Securities exchanges have supported the corporate watchdog’s new trade limits for large equity market participants, as the coronavirus outbreak ...

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Second stimulus on the way

The government is fast tracking a second wave of stimulus measures as Australia stares down the “grim reality” of a recession. The federal ...

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Asset manager expands into Queensland

A specialist investment manager has opened a new office in Brisbane, with plans to expand its assets across the Queensland state. Centuria Capital ...

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‘Equity markets can survive this crisis’

Investors need to keep their eyes open for opportunities as global markets continue to tumble in the coronavirus rout. Over the last few weeks, ...

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ASIC takes action against major bank

ASIC is pursuing a multimillion-dollar penalty against one of the big four banks for alleged breaches of the ASIC Act and Corporations Act

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Industry super fund freezes stock lending

An $85 billion industry superannuation fund has urged its custodian to immediately recall all shares currently out on loan, while hinting other funds ...

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Investment manager’s chief steps down

A multinational investment manager and resources consultant has indicated its Australia chief executive has decided to depart the group

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