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10 November 2016 • By James Mitchell • 1 min read

Westpac boss calls for infrastructure spending

State and federal governments must take advantage of low interest rates to finance infrastructure projects and kick-start the economy, says Westpac's ...

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Australian banks 'fair value', says BetaShares

Despite declining profitability in recent years, Australian banks are now relatively good value compared with other sectors of the market, ...

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Intergen Property Group launches new fund

Sydney-based property firm Intergen Property Group has launched a funds management arm led by former Challenger fund manager Trevor Hardie

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Adapt to shifting Chinese demand, warns HSBC

Australian businesses and policymakers must accommodate the ongoing shift in Chinese demand away from resources and towards services, argues HSBC

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CBA posts $2.4bn profit in first quarter

The Commonwealth Bank has reported a cash profit of $2.4 billion for the three months to 30 September 2016, along with a slight fall in operating ...

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Business confidence trending down: NAB

Business conditions remain above long-term averages but a concerning downward trend is emerging, according to NAB Group Economics. The NAB Monthly ...

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Trump victory could trigger trade war

If elected, US Republican presidential candidate Donald Trump could spark a global trade war if he enacts his "protectionist" economic policies, ...

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Westpac profit flat at $7.8bn, ROE slips

Westpac has reported a cash profit of $7.82 billion for the year to 30 September 2016, flat on the previous year. While Westpac's cash profit was ...

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Suncorp to white-label Challenger annuity

Suncorp has entered into an agreement with Challenger to launch a white-label annuity product to its customers. Under the agreement, Suncorp's ...

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Record-breaking bank profits over: EY

A number of headwinds are putting the profitability of the major banks under pressure, and the run of record-breaking profits in recent years is ...

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