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18 September 2024 • By Maja Garaca Djurdjevic • 1 min read

RBA shifts focus to wholesale CBDC over retail option

The RBA will prioritise work on a wholesale CBDC over a retail one, viewing it as more of an evolution than a revolution in monetary policy

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ASIC’s misconduct allegations against Rest Super dismissed

A court has thrown out ASIC’s allegation that superannuation trustee Rest made false or misleading statements about the ability of its members to ...

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Pendal closes up credit portfolio

The asset manager has announced its third fund closure this year. Pendal has announced the closure of its Pendal Enhanced Credit Fund, set to ...

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Super funds to create $60bn entity

TelstraSuper and Equip Super have entered into a merger agreement to create a $60 billion fund. TelstraSuper and Equip Super have signed a ...

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Super stages resilient recovery following August market sell-off

Sharp share market falls at the beginning of August failed to dampen momentum with super returns back in positive territory, according to Chant West

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Gold prices tipped to surge towards US$2,700 amid US rate cuts, geopolitical tension

A number of tailwinds, including imminent rate cuts in the US, could see this precious metal rally well into next year, according to commodity ...

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Longo urges rigorous compliance with climate-related disclosure regime

ASIC chair Joe Longo has emphasised the importance of rigorous compliance with upcoming climate-related financial disclosure requirements, warning ...

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Cbus board vacancies to be filled with CFMEU nominees despite controversy

The CFMEU administrator has moved to fill the vacancies that opened up on the Cbus board last month. Among the three nominees are Paddy Crumlin, ...

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Perpetual bets big on asset management business despite recent disappointments

Perpetual is confident in the prospects of its asset management business, which now boasts $215 billion in assets under management. Perpetual ...

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Remara launches new fund amid property demand surge

The alternative asset manager is providing Australian investors with a new way to enter property development with an equity-based real estate fund

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