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17 February 2020 • By Lachlan Maddock • 1 min read

QBE takes climate hit

QBE has recorded a surge in profits but drawn the ire of shareholders who believe it has failed to act on climate change risks as unusual weather ...

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AMP Capital shines through wealth setbacks

The royal commission has been an “unprecedented disaster” that “trashed” AMP’s brand, but both AMP Capital and AMP Bank will support the group’s ...

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No end in sight for trade war

Despite the hype, the signing of the Phase One deal has only seen US President Donald Trump escalate the trade war – and the worst is yet to come

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AMP blames royal commission for $6.3bn wealth outflows

In the year since the Hayne commission, AMP has not been able to remedy its burned reputation, failing to prevent it from striking its Australian ...

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Magellan profits rise with massive inflows

Magellan’s profits have surged and the company has upped its dividend as FUM grew by 29 per cent in 2019.  The company’s half-year earnings show a ...

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OPEC downgrades oil demand

OPEC has drastically lowered its forecast for oil demand, with the coronavirus outbreak weighing heavily on its outlook.  OPEC has slashed its ...

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NAB profits sluggish, MLC sale delayed

NAB has reported subdued Q1 profits and pushed out the sale of MLC Wealth due to a “challenging” business environment.  The bank’s Q1 update saw ...

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Coronavirus to hit supply chains: Verisk Maplecroft

The disruption to global supply chains caused by the coronavirus outbreak could last until 2020 Q3 as new cases climb again, according to Verisk ...

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AMP facing advice class action

Shine Lawyers has signaled that it is set to file a class action against AMP Life and AMP Financial Planning over the distribution of life insurance ...

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CBA weighing ways out of CFS

CBA has revealed that it is in the process of considering its options to exit Colonial First State, while its shares have risen to close to its ...

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