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01 November 2021 • By Jon Bragg • 1 min read

AUSTRAC highlights the risks and negative economic impact of debanking

Debanking increases money laundering and terrorism financing risks and negatively affects the economy. The Australian Transaction Reports and ...

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CEO flags three major COVID-19 ‘aftershocks’

Investors need to prepare for the growing risk of “aftershocks” from the COVID-19 pandemic. The economic slowdown in China, rising inflation and ...

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BT Panorama inflows reach $3.8bn

Net flows for the platform have surged by 134 per cent. Westpac has reported a 235 per cent increase in funds under administration for BT Panorama ...

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Criminal cartel charges against ANZ and senior executive dropped

The Commonwealth Director of Public Prosecutions (CDPP) has confirmed it has withdrawn proceedings against both ANZ and senior executive Rick Moscati ...

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Westpac profits up 138% as bank announces share buy-back

On the back of a 138 per cent profit increase, Westpac has announced a $3.5 billion off-market share buy-back. In its full-year results released on ...

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Macquarie reveals big changes to management

Macquarie Group has announced a number of changes to its management this week. Following its latest quarter results announcement on Friday, the ...

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Newly announced NAB director withdraws appointment

James Spenceley will not proceed with his previously announced appointment. National Australia Bank (NAB) has announced that James Spenceley has ...

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ASIC sets expectations for crypto ETFs

Australia’s securities regulator has finally weighed in on crypto asset-related investments, such as exchange traded funds. Following several ...

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CBA pleads guilty to criminal charges for mis-selling consumer credit insurance

Commonwealth Bank (CBA) has pleaded guilty to 30 criminal charges of making false or misleading representations to 165 customers when selling consumer ...

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Investor confidence rises to highest level in over three years

Institutional investor confidence has risen globally after dipping last month. State Street has reported a rise in investor confidence globally in ...

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