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16 November 2023 • By Jon Bragg • 1 min read

AMP unveils new digital bank division

The firm is targeting small businesses and sole traders with a new digital bank. AMP has announced that it is planning to launch a new digital bank ...

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Jobless rate moves higher

The Australian Bureau of Statistics has published October’s labour force data. Australia’s unemployment rate rose by 0.2 percentage points to 3.7 ...

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Global markets ‘in a state of purgatory’: T. Rowe Price

The global asset manager has shared its global market outlook for 2024. Global markets are in the midst of a transition to a new regime ...

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Recession remains front of mind for G20 nations: Zurich

Australia has identified economic risk as its primary near-term concern, according to recent data. Economic threats such as recession and inflation ...

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‘Steep cuts’ in mining sector drive dividend decline

Dividends in Australia and globally fell in the third quarter of the year. The latest Global Dividend Index from Janus Henderson Investors has ...

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Global market decline takes toll on ETF sector

The Australian ETF industry is worth $6 billion less than it was in August this year. The funds under management (FUM) of the Australian ETF ...

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Morningstar delves deeper into active v passive debate

The research house has shone a spotlight on active and passive REIT performance. Actively managed real estate investment trusts (REITs) have, on ...

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Banks warned to brace for ‘tough market conditions’

KPMG, EY, and PwC have analysed the full-year results of, and shared their outlooks for, Australia’s big four banks. Australia’s major banks ...

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CBA reports $2.5bn quarterly profit

The bank’s Q1 cash profit was flat compared to the average of the last two quarters. Commonwealth Bank (CBA) has posted an unaudited cash net ...

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DP World cyber attack sparks supply chain fears and inflation concerns

The cyber attack on Australia’s biggest port operator could pose major supply chain shocks that could have deep repercussions for the economy

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