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30 November 2018 • By Reporter • 1 min read

US growth ‘a bit overdone’

Investment managers are warning that the Fed’s positive outlook for the US economy could be overly optimistic. According to Western Asset chief ...

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Fund managers not keen on ‘good customer outcomes’

The “dilemma” of pleasing both customers and institutional shareholders as a listed bank have been explored by the royal commission this week

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Bank branches becoming ‘uneconomic’ says ANZ CEO

ANZ chief executive Shayne Elliott has conceded that branches are losing their lustre as cash becomes a niche payment solution and consumers opt to ...

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Mutuals growth slows but profits rise

The last financial year has seen Australia’s mutual banks, building societies and credit unions continue to grow albeit at a slower pace while profits ...

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Brexit to shrink UK economy

New research has revealed the true cost of the current Brexit deal as negotiated by the UK Prime Minister.  The report, The Economic Consequences ...

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Ken Henry calls time on capitalism

The NAB chairman has suggested that it is time for the traditional capitalist model to be flipped on its head. Dr Ken Henry, chairperson at ...

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Morrison announces early budget, signals May election 

Prime Minister Scott Morrison has announced that the federal budget will be unveiled in April 2019, leading to speculation that an election will be ...

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Bank satisfaction continues to fall

Satisfaction with the banks has continued to drop, where it now rests at its lowest level in seven years.  New data from Roy Morgan shows that in ...

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Cash payments are ‘niche’ says RBA governor

The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment ...

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Thorburn reveals original plans for MLC

The big four bank chief has conceded that NAB’s wealth management business was never properly integrated into the bank or given the love and attention ...

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