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21 July 2020 • By Lachlan Maddock • 1 min read

Stimulus extension revealed

The Morrison Government has unveiled significant changes to JobKeeper and JobSeeker as it attempts to avoid September’s fiscal cliff.  The overhaul ...

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COVID fractures US-China relations

COVID-19 may have put a nail in the coffin of US-China relations, with a resurgence in trade tensions likely as they compete for global dominance

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Cut red tape to steal Hong Kong’s crown

A “once-in-a-generation” opportunity to make Australia a financial services hub is winning widespread support, but the government will have to change ...

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BlackRock sees massive inflows, hardens climate stance

BlackRock has seen record growth across a number of its offerings and taken a harder stance on sustainable investment, threatening a number of ...

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‘Pivotal year’ for Australian Ethical

Australian Ethical managed a modest return and record inflows despite massive volatility in March in a result the fund hopes will prove the bona fides ...

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IFM wants to ‘build back better’

IFM Investors wants to kickstart the economic recovery with a plan for investing in infrastructure construction it hopes will avoid risks being ...

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Westpac soul-searching finds serious shortcomings

It’s a new bank making the same old mistakes as an internal review turns up dozens of failings that led to its 23 million breaches of money laundering ...

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CFD trader sued for best interest, conflicted remuneration breaches

The corporate regulator has commenced civil proceedings against a foreign exchange and CFD trader for breaches of conflicted remuneration and best ...

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Westpac risk culture 'immature and reactive'

An internal review has found serious shortcomings in how the bank handles non-financial risk in the wake of its 23 million breaches of anti-money ...

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End is nigh for zombie companies

Government support is hiding the pain, but skyrocketing payment times show that many zombie firms are struggling to keep their heads above water

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