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15 July 2019 • By Grace Ormsby & Eliot Hastie • 1 min read

CBA loses battle against law firms

Despite protests from CBA, two law firms have been granted permission to work together to bring two separate class actions against the major bank ...

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Profits over rates for performance

Investors need to place greater emphasis on the profit outlook for listed companies rather than concerning themselves with interest rate impacts, ...

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Australian Mutual has AFS licence cancelled

ASIC has cancelled the financial services licence for Sydney-based financial services provider Australian Mutual that operated several managed ...

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OneVue launches portfolio for ‘average Aussies’

OneVue has launched a Money Masters Portfolio that will allow average Australians to take their first step in investing.  The portfolio, launched ...

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Sentiment falls despite rate cuts

Australian consumer confidence has fallen to a two-year low, according to the Westpac-Melbourne Institute, despite a further cash rate cut, the ...

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ASFI launches working group to steer ESG outcomes

The Australian Sustainable Finance Initiative has announced the individuals that will make up its four working groups to better inform the initiatives ...

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Aus ETFs projected to hit $100bn

ETF assets in Australia have been forecast to reach $100 billion by 2022 in a new Stockspot report, which would double the sector’s size during the ...

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Next recession will be triggered by political error

Another recession is not currently on the cards for the global market. But when it comes, it will be caused by a political error, according to one ...

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Industry funds top consumer preference

Industry superannuation funds have managed to increase their lead in customer satisfaction over retail funds in the last 12 months, according to new ...

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Westpac to refund 40,000 mortgage customers

The number of Westpac mortgage customers impacted by an error in 2017 has blown out to 40,000 customers despite initial estimates of less than half ...

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