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25 October 2024 • By Jessica Penny • 1 min read

Westpac leads in climate commitments, but banks face growing action gaps

While the country’s largest banks are making progress on their climate strategies, one has emerged as the winner, and another, the laggard

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Chalmers puts the brakes on negative gearing reforms

Chalmers has put the brakes on any changes to negative gearing and capital gains tax discounts, emphasising that the solution to Australia’s housing ...

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HMC to acquire Sydney data centres in $1.9bn infrastructure play

A local asset manager has unveiled key initiatives to establish a global digital infrastructure platform. HMC Capital is establishing a global ...

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Big 4 reveals $123m hit to profit

Ahead of the bank’s full-year results, Westpac has said that its NPAT will be impacted. Westpac’s reported net profit after tax (NPAT) for ...

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Aussie private credit poses low direct risk, but transparency concerns persist, says RBA

Australia’s central bank has assessed that the local private credit market poses low direct risks to financial stability, but transparency concerns do ...

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Praemium bounces back after June quarter outflows

In the firm’s financial results for the three months to 30 September, the platform reported quarterly inflows of $139 million. In an ASX update on ...

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ASX-listed firm drops new funds, eyes US markets

The ASX-listed company has unveiled a series of new products and reaffirmed its commitment to offshore opportunities. Magellan has announced the ...

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Investors called on to take remedial actions against modern slavery

Businesses that overlook modern slavery risk facing significant legal, reputational, and financial repercussions. A report commissioned by the ...

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How women can build a personal ‘advisory board’

Building a network of mentors and coaches with varied skill sets could help women achieve their career goals, according to an FBAA executive

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Generation Life kicks off FY24–25 with record growth

The company has announced significant progress in its financial metrics for the first quarter of FY2024–25, alongside a noteworthy acquisition

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