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17 February 2021 • By Reporter • 1 min read

Westpac earnings soar 54%

Westpac’s cash earnings soared higher while deferrals continued to decline as Australia exits its economic doldrums. Westpac’s first quarter of the ...

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Super assets rise to 175% of GDP

Assets in the Australian superannuation system climbed to 175 per cent of GDP in 2020, despite $36 million being drained through the early release ...

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Pay packets among targets for net zero: First Sentier

As corporates line up to commit to net-zero emissions by 2050, First Sentier has recommended investors hold them to account by taking aim at ...

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CBA liable for millions in overcharged interest

The Federal Court has ruled that the Commonwealth Bank broke laws when charging an interest rate on business overdraft accounts that were up to more ...

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NAB profit flatlines, CEO eyes stimulus wind-down 

The big four bank has warned conditions are still precarious, after its profit remained stagnant for the first quarter of the year.  The major bank ...

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Super funds see ‘promising start’ to 2021

Super funds have had a modest start to 2021, but members should be ready for a “bumpy ride” ahead of vaccine distribution.  January marked the 10th ...

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ASIC makes an example of Westpac

ASIC has used its recent victory against Westpac in the High Court as an example for the superannuation sector, warning it will not hesitate to take ...

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Clime profit doubles 

Clime Capital has seen its half-year profit more than double from the prior corresponding period, as the investment manager has clocked positive ...

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Labor promises to raise super contributions

The opposition has declared it will stick with the scheduled rise to 12 per cent of wages for mandatory super contributions, as a new election ...

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Investors vulnerable to ‘slow burning’ climate risk

Most investors believe that climate change will reshape the world – but only 60 per cent are actually doing anything to prepare for it

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