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04 December 2018 • By Reporter • 1 min read

RBA announces its December cash rate call

The Reserve Bank announced its cash rate decision for the month of December this afternoon, set against a backdrop of a property market that continues ...

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Substantially fewer Australians using bank branches

The average number of people visiting bank branches each month has declined by 27.2 per cent from four years ago as mobile banking use has surged, ...

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AMP betting on 20% fall in property prices

Top forecaster Shayne Oliver believes there is still plenty of room for property prices to head south as homes weaken to GFC levels.  Australian ...

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‘The good work you people have done will not be recognised’

The final day of the royal commission ended with an outburst from an unknown man claiming that the work of the commission would not be recognised

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AMP confirms $700m remediation

Following evidence produced during round seven of the royal commission, AMP has confirmed how much its review and remediation program will cost the ...

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US growth ‘a bit overdone’

Investment managers are warning that the Fed’s positive outlook for the US economy could be overly optimistic. According to Western Asset chief ...

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Fund managers not keen on ‘good customer outcomes’

The “dilemma” of pleasing both customers and institutional shareholders as a listed bank have been explored by the royal commission this week

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Bank branches becoming ‘uneconomic’ says ANZ CEO

ANZ chief executive Shayne Elliott has conceded that branches are losing their lustre as cash becomes a niche payment solution and consumers opt to ...

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Mutuals growth slows but profits rise

The last financial year has seen Australia’s mutual banks, building societies and credit unions continue to grow albeit at a slower pace while profits ...

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Brexit to shrink UK economy

New research has revealed the true cost of the current Brexit deal as negotiated by the UK Prime Minister.  The report, The Economic Consequences ...

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