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28 February 2020 • By Lachlan Maddock • 1 min read

Rising tides could roil global wealth

China’s manufacturing heartland is the area most at risk from sea level rise worldwide, threatening 3.8 per cent of global wealth, according to ...

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Sargon finds buyer for trustee, NZ businesses

Troubled financial services group Sargon Capital has entered into a sale agreement for its eight companies under administration. The deal includes ...

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Life insurance losses drag Clearview profit

Wealth management group Clearview has posted a 23 per cent decrease in profit for the second half of 2019, with a poor result from its life insurance ...

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OneVue posts $27m loss as Sargon debt takes hold

OneVue has written down its Sargon Capital receivable to $3.9 million, with the group recording a $27 million loss for the half year. Embattled ...

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JPMorgan pulls fossil fuel support

JPMorgan Chase has ended its support for the coal-mining industry and set aside hundreds of billions to support climate action in the latest ...

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Disney CEO steps down

Bob Iger, who has led the Walt Disney Company for almost 15 years, will step down as CEO effective immediately.  Mr Iger will stay on as executive ...

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Infrastructure Australia flags climate risk

Infrastructure Australia has placed climate change in the top tier of its priority list for the first time, warning that drought, flooding and ...

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IOOF facing shareholder class action

Shine Lawyers has indicated it will be commencing a class action against IOOF on the behalf of shareholders who were said to suffer losses due to ...

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Fundies push against active management doubts

Three global fund mangers have urged Australia’s investment industry to bolster active management and challenge concerns around fees and costs

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Equinor drops exploration plans

Norwegian oil giant Equinor has ditched plans for a drilling operation in the Great Australian Bight, saying they were not “commercially competitive”

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