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13 February 2014 • By • 1 min read

Investors regain appetite for margin lending

Despite the three per cent decline in margin lending from $12.2 billion in December 2012 to $11.8 billion in September 2013, the direct channel ...

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Prime Super and HIP 'an odd merger': Tria

Health Industry Plan’s (HIP) planned merger with Prime Super is "odd", considering the fund would gain greater benefits of scale by merging with a ...

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COSL defends ASIC relationship

The Credit Ombudsman Service (COSL) has rejected assertions that its relationship with ASIC is ineffective due to "a lack of communication and ...

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CBA posts record half-year profit

The Commonwealth Bank of Australia has announced a record half-year profit of $4.27 billion, up by 16 per cent. Australia’s biggest bank also ...

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Be wary of crowds: AMP Capital

Investors need to avoid following the crowd during times of extreme optimism and negativity and instead follow a “contrarian approach”, according to ...

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Fair Work Commission's role in super questioned

The Financial Services Council is calling on the government to end the Fair Work Commission’s role in selecting default MySuper funds, citing an ...

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SMSF trustees "must be wary": ASFA

There are "gaps" in the consumer protection framework for SMSFs, and the law assumes trustees are sophisticated, according to Association of ...

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ANZ profits reflect strong Asian business: Smith

ANZ yesterday announced a 13 per cent first-quarter profit of $1.73 billion for the three months to 31 December 2013. The bank’s growth in Asia has ...

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Bitcoin bank seeks regulatory approval

Despite increasing talk of a bubble in the peer-to-peer Bitcoin economy, an Australian company is looking to ‘legitimise’ the online currency with the ...

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Macquarie on track for third quarter profit

Improved market conditions have led to increased profits for Macquarie Group in the third quarter, despite the limited client activity for some of its ...

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