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26 August 2024 • By Maja Garaca Djurdjevic • 1 min read

Wealth giant reports $547m impairment due to outflows

Perpetual expects a $547 million pre-tax impairment due to net outflows. In an ASX announcement on Monday, the wealth giant revealed it expects to ...

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Praemium sees positive momentum despite full-year profit decline

Praemium has reported a substantial fall in net profit, amid a 30 per cent FUA surge. In an ASX announcement on Monday morning, Praemium reported a ...

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Bragg blasts Labor’s housing policies, continues assault on Cbus

Bragg has intensified his assault on Labor and Cbus, claiming the Labor government is “obsessed with trying to help their mates with the big super ...

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Chalmers offers concessions to secure bipartisan support for RBA overhaul

Treasurer Chalmers says the new dual-board structure for the RBA should be operational by early next year after he made a number of concessions in ...

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Pinnacle’s UK affiliate launch hits hurdle as Ironbark withdraws mandate

Pinnacle Investment Management’s launch of a new UK affiliate has encountered complications, leading Ironbark Asset Management to withdraw a planned ...

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Equity Trustees’ refreshed structure pays dividends with FUMAS surge

The overall business saw FUMAS growth of over $40 billion in FY2023–24, and projects further growth in the current financial year. Equity Trustees ...

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Regulator intensifies greenwashing crackdown amid national disclosure overhaul

With major changes on the horizon for Australia’s climate risk disclosure landscape, ASIC has reaffirmed its commitment to maintaining trust in ...

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ASIC wins case against global crypto exchange operator

The regulator has won its case against Bit Trade Pty Ltd for design and distribution failures that have allegedly cost customers just under $13 ...

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APRA hits ANZ with $250m capital charge amid misconduct in markets division

APRA has raised ANZ’s balance sheet impost to $750 million due to growing concerns over the bank’s non-financial risk management practices

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Cautious optimism grows for infrastructure as rate cuts loom

Investment executives have painted a positive picture for the asset class over the coming period. With expected interest rate cuts in several major ...

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