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NAB, Westpac predict October rate cut

23 September 2020 • By Lachlan Maddock • 1 min read

NAB, Westpac predict October rate cut

Two of the big four banks are now forecasting another rate cut at the RBA’s October meeting in a “Team Australia” moment aimed at supporting the ...

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Lonsec makes key appointments

Lonsec has bolstered its investment research team to boost its capabilities within the fund manager research space. Peter Green has been appointed ...

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Brace for bigger government

The age of “Neofiscalism” has begun as pressure ramps up on governments to spend big on the recovery, according to BNY Mellon’s Insight Investment

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Does the RBA have more stimulus up its sleeve?

RBA deputy governor Guy Debelle has flagged the possibility of rate adjustments and outlined the bank’s unconventional policy toolkit as it prepares ...

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Magellan spends big on financial services shake-up

Magellan has announced it will become a foundation investor in a new Australian-based financial services firm led by UBS’ former top deal-maker

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BlackRock lashes boards

BlackRock has come down hard on ESG stragglers, opposing the re-election of more than 5,000 directors as it broadens its investment stewardship ...

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Unemployment defies doomsayers

The unemployment rate has dropped sharply in a rare piece of good news from the depths of the COVID-19 recession. Seasonally adjusted employment ...

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Unemployment drops as Australia reopens

The unemployment rate has dropped as the economy gained more than 100,000 jobs.  Seasonally adjusted employment rose by 111,000 (0.9 per cent) ...

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Frydenberg demands Victoria get back on track

The OECD is predicting a softer hit to Australia’s economy, but Victoria is still in the naughty corner as border restrictions bite the government’s ...

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Aussie economy bruised but not battered

Employment and consumption are both stronger than expected – but the recovery remains uneven, and states could be doing more to help. The RBA’s ...

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