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03 May 2024 • By Reporter • 1 min read

ASIC secures first court win on crypto payment facility

In a first of its kind ruling, the Federal Court has found BPS Financial guilty of engaging in unlicensed conduct related to its 'Qoin Wallet,' a ...

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NAB announces profit dip alongside $1.5bn on-market buy-back

The big four bank has announced a considerable drop in its first-half cash profit alongside a $1.5 billion increase in the on-market share buy-back ...

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Less government intervention is key to economic prosperity, says shadow treasurer

The shadow treasurer believes less government intervention is key to economic prosperity. Angus Taylor believes it’s Labor fault that inflation is ...

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RIAA launches toolkit to understand AI risks

The Responsible Investment Association of Australasia (RIAA) has launched a toolkit to help advisers address the risks presented by artificial ...

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Engagement over divestment: Unlocking the path to net zero

With energy transition remaining a significant challenge, a global index provider executive has argued that engagement could trump divestment

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Future Fund’s ‘higher for longer’ rates conviction reaps returns

The sovereign wealth fund grew $11.5 billion in the March quarter according to its latest portfolio update, having previously voiced caution regarding ...

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Perpetual responds to speculation regarding talks with KKR

After announcing a pause in trading, Perpetual has responded to media speculation. Perpetual said in an ASX listing on Monday it has entered into ...

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Economist trims rate cut expectations, says ‘high risk’ of further hikes

Shane Oliver, who was earlier confident in a June rate cut, is now entertaining the possibility of a further rate increase following the latest CPI ...

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Blackstone CEO weighs in on unusual US election dynamics

Blackstone’s chief executive and co-founder, Stephen Schwarzman, says an intricate web of variables make this election cycle particularly challenging ...

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Platinum to review 2 key investment strategies

Highlighting a trend away from closed-ended investment vehicles, the firm has announced a formal strategic review into two of its product offerings as ...

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