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markets

30 April 2019 • By James Mitchell • 1 min read

Westpac reveals $357m profit hit over advice fees

The major bank has today provided an update on accounting provisions for remediation associated with authorised representatives in relation to certain ...

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Alexander Downer on Trump, Mueller and free trade

Former high commissioner to the UK Alexander Downer told investors at an event in Sydney that there was no room for complacency in the economy, while ...

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Intangible assets account for 84% of S&P 500, says researcher

A US-based research firm believes intangible factors, such as corporate culture, are a far more important way of measuring a company’s market value

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Sydney, Canberra house prices take sharp downturn

Sydney house prices have experienced its greatest fall in 20 years and Canberra has had its steepest annual price fall in a decade, as the national ...

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Seismic shift in investment landscape underway

An investment manager has forewarned that a seismic shift is coming to the investment landscape and the industry has been struggling to cope with it

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RBA rate cut: Winners and losers

With weak inflation figures adding pressure on the Reserve Bank to cut rates, analysts and economists are weighing up the impact of a 1 per cent cash ...

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ASIC appoints receiver for former OTC firm

ASIC has successfully applied to the Federal Court of Australia for orders to appoint receivers for a former OTC derivatives issuer.  Berndale ...

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SME fund met with industry scepticism

A new small business fund that would be open to investment from super funds and banks has been met with scepticism from the industry after it was ...

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ABS data fuels cash rate cut speculation

Speculation is growing around a monetary policy adjustment from the RBA after stagnant inflation growth reported by the ABS.  According to the ...

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RBA rate cut imminent

Prominent investor Shane Oliver has predicted that an RBA rate cut is imminent and could come as soon as next month. Shane Oliver, head of ...

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