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11 May 2020 • By Lachlan Maddock • 1 min read

Suncorp suffers as bank CEO jumps ship

Suncorp isn’t alone in suffering massive impairment costs, but the sudden departure of a key executive and massive underpayment of workers could ...

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Macquarie profit drained by COVID-19, dividend halved

Macquarie Group has halved its full-year dividend after it saw the coronavirus crisis eat away at its profit, with the company warning of further ...

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Shareholders launch first strike at AMP

The majority of voting shareholders protested AMP’s executive pay at its annual meeting, as its chairman disparaged the two-strike rule

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Could a ‘new economic order’ be on the cards?

A global asset manager sees COVID-19 bringing about a new era of government intervention in the global financial system, with previously unprecedented ...

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Companies tipped to pull $350bn in working capital

The hunt for capital in a COVID-19-strained economy has been forecast to see Australian companies squeeze a total of more than $350 billion, with as ...

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What comes after COVID-19?

Credit Suisse has warned that COVID-19 will be a “turning point” for investors as the global economy experiences sweeping structural change in the ...

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COVID-19 puts fossil fuels on backburner

As eyes now turn to the recovery, could the renewables sector offer hope to economies ravaged by the pandemic? With the IMF now predicting a ...

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Big four bank restructures private client arm

A big four bank has restructured its private wealth advice arm to sit within its broader retail banking division, in a move the bank says will better ...

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Investment consulting giant expands into retail

One of Australia’s largest investment consulting firms has entered the market for providing managed account services to financial advice practices

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Squeezed dividends could diminish ASX returns

Retirees, companies and investment managers alike are expected to be hit by capital retention policies alongside lower earnings across sectors, with ...

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