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03 May 2016 • By Alice Uribe • 1 min read

Tough tax avoidance reforms target multinationals

The government says it will raise $3.7 billion from tough budget reforms targeting tax-avoiding multinational companies and high wealth ...

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RBA cuts cash rate to 1.75 per cent

The Reserve Bank of Australia has cut the cash rate by 25 basis points to 1.75 per cent – the first time the cash rate has been changed in 12 ...

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Rate cut 'not warranted': RBA Shadow Board

The RBA Shadow Board, made up of industry and academic economists, has warned the RBA against cutting interest rates today in response to last week's ...

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Westpac posts $3.9bn first-half profit

Westpac has announced a first-half profit of $3.904 billion for 2015-16, up 3 per cent on the prior corresponding period but slightly below analysts' ...

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Perennial Value appoints NAB Asset Servicing

Australian equities manager Perennial Value Management has chosen NAB Asset Servicing to provide the firm with custodial and administrative services

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Global infrastructure ETF launched on ASX

ETF provider VanEck Vectors has launched a new ETF that tracks the FTSE Developed Core Infrastructure 50/50 index, hedged into Australian dollars

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Aussie banks will remain strong: Moody's

The major Australian banks are likely to retain their strong credit profiles despite the "deteriorating operating environment" and upward revisions to ...

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Netwealth inks $1b deal with Stanford Brown

Platform provider Netwealth will provide managed accounts services to the clients of boutique wealth management firm Stanford Brown. Netwealth said ...

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Deflation isn’t 'dangerous', says Platinum

The prospect of deflation is not as concerning as it is made out to be, argues Platinum Asset Management chief executive Kerr Neilson. Speaking at ...

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CBA rebuts allegations against CommInsure

The Commonwealth Bank has rejected several allegations of claims mishandling by its insurance arm CommInsure in a new report submitted to the Senate

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