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28 July 2022 • By Jon Bragg • 1 min read

Fed announces another 75-bp rate hike

The Fed has lifted rates by 75 basis points for the second month in a row. On Wednesday, local time, the US Federal Reserve announced it had raised ...

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Payment redirection scams continue to climb

ASIC is urging businesses to be wary of payment redirection scams after the ACCC revealed micro and small businesses had been affected by them the ...

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Westpac sets sights on becoming a ‘net-zero bank’

The bank has set new targets to reduce its financed emissions. Westpac has announced that it is now targeting a 23 per cent reduction in financed ...

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Labor introduces climate change bill

The legislation will enshrine Australia’s emissions reduction targets. On Wednesday, the federal government introduced a new bill into parliament ...

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Performance concerns grow for sustainable investments

Nearly two-thirds of Australian investors have highlighted performance concerns as a key challenge to investing sustainably. A new study conducted ...

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Inflation soars to highest level in decades

The ABS has released inflation figures for the June quarter. The consumer price index (CPI) rose by 1.8 per cent during the June quarter, taking ...

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Cash flow gap plagues 90% of SMEs

Nine out of 10 small buisinesses struggle with negative cash flow at least once a year and one in five are plagued for six months with expenses ...

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Tax cheat tip-offs plummet post-pandemic

There's been a sharp decline in tip-offs about tax cheats during 2021–22, according to the ATO, which has put it down to heightened concerns over ...

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Skills shortages contributing to rising insolvency figures

The skills shortage spanning across several Australian industries is expected to be one of the ongoing triggers of insolvencies. Insolvency ...

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APRA chair announces departure

Wayne Byres will exit the prudential regulator later this year. Wayne Byres has announced that he intends to stand down as chair of the Australian ...

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