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20 July 2025 • By Fergus Halliday • 1 min read

NSW set to rejuvenate economy with $3bn green hydrogen investment

The NSW government is looking to lure new investments in the energy sector by backing green hydrogen production in a move said to rejuvenate the ...

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NZ slips into recession as rate hikes take toll

The New Zealand economy has contracted for the second consecutive quarter amid rapid monetary policy tightening from the nation’s central bank.

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Oil prices plunge from annual peak as demand softens

Crude oil prices have fallen by just under 17 per cent from their October highs in response to a dip in global demand.

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Omicron more likely to delay economic recovery than derail it

Australia’s recovery from last year’s lockdowns may be delayed by Omicron, but it won’t necessarily be derailed by it.

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Omicron shakes consumer confidence

The first consumer confidence figures of 2022 suggest that Omicron is already suppressing the spending appetites of Australians.

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Omicron takes a bite out of bitcoin

Omicron has taken the wind out of bitcoin’s sails, but crypto evangelists say the sector remains on track.

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One last rate push in August: CBA, HSBC

Next month’s monetary policy decision will mark an end to the Reserve Bank’s tightening cycle, according to the banks.

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OnePath hit with APRA fine, acknowledges failings

The firm has accepted fault for 125 regulatory infringements relating to its management of member contributions.

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Outdated views of finance deterring women: WGEA

The financial services industry could attract more women by dispelling the myth that it solely requires strong numeracy skills, according to an ...

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Oxford Economics upgrades outlook for emerging markets

An improvement in global economic sentiment has prompted a revision to the research group’s GDP growth outlook for emerging markets. 

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Pace of rate hikes ‘really doesn’t matter’: RBA

The pace of monetary policy tightening from the central bank “really doesn’t matter”, Reserve Bank representatives have told a parliamentary hearing

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Payment redirection scams continue to climb

ASIC is urging businesses to be wary of payment redirection scams after the ACCC revealed micro and small businesses had been affected by them the ...

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Payments system review proposes new role and powers for federal Treasurer

A report on Australia’s payment processing systems has advocated the introduction of new powers that would allow the federal Treasurer to influence ...

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Pendal posts FUM fillip as Perpetual deal closes

Multibillion-dollar FUM growth has been recorded across the ASX-listed investment manager's global portfolio over the last quarter of its operation as ...

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Perpetual AUM bolstered by Pendal takeover, equities rebound

The group’s new-look business has been buoyed by the acquisition of Pendal Group and the early-year recovery across equities markets. 

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Perpetual knocks back ‘unsolicited’ takeover offer

The ASX-listed wealth management firm has rejected an indicative takeover offer from a private equity consortium.

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Perpetual rejects improved takeover bid

The wealth management company has brushed off a second “unsolicited” takeover proposal in just a week. 

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Perpetual shares dive as court empowers Pendal

A Supreme Court ruling has broadened the remedies available to Pendal Group in the event of a withdrawal of Perpetual’s takeover offer. 

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Perpetual, Pendal agree on terms of revised takeover offer

The wealth management companies have struck a new deal, which includes a reduction in the cash component and an increase in the scrip consideration

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PMI data paints ‘gloomier’ global economic picture: IMF

The results of the latest survey of supply chain managers across the globe suggests a dimmer global economic outlook than initially anticipated, ...

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