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17 August 2020 • By Lachlan Maddock • 1 min read

Mayfair slams Vasco

Mayfair 101 managing director James Mawhinney has accused liquidators of extortion and said that trustee Vasco’s move to appoint them was motivated by ...

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Credit Suisse and Jarden split

Credit Suisse Australia and Jarden have called it quits, ending their thirty-year strategic alliance.  Credit Suisse Australia and Jarden announced ...

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2% return makes super system worthwhile

New research from PwC has put paid to the idea that tax concessions around super are a waste of government spending, indicating that just a 2 per cent ...

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‘There is no free lunch’: Lowe

RBA governor Philip Lowe has nixed calls for direct financing of government spending and called on states to do more in a wide-ranging appearance ...

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NAB comes out swinging

NAB reported stronger-than-expected results for the third quarter, but turnaround king Ross McEwan still has his work cut out for him. NAB reported ...

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NAB takes COVID hit

NAB’s third-quarter earnings fell 7 per cent as COVID-19 bit into its bottom line. NAB reported unaudited cash earnings of $1.55 billion in the ...

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HESTA awards administration mandate

Link Group has been reappointed to provide retirement and superannuation solutions to the $53 billion fund following a “highly competitive” tender ...

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ASIC’s ‘wagyu and shiraz’ bill revealed

ASIC has revealed its responsible lending case against Westpac cost taxpayers millions. The case centred on Westpac’s use of an automatic process ...

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Over 1m Aussies out of work

More than a million Australians were already out of work before Victoria’s lockdown hit the jobs market, according to new data from the ABS – and it ...

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Magellan defies gravity

Magellan has overcome the volatility that roiled markets through the first half of the year, lifting profit, funds under management, and dividends, ...

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