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15 February 2023 • By • 1 min read

CBA prospers from higher rates, reports $5.2bn half-year profit

The bank has released its results for the first half of the financial year. Commonwealth Bank has posted a cash net profit after tax of $5.15 ...

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‘Sharp price falls’ recorded in regional property markets

Australia’s most popular lifestyle markets have been hit the hardest by softer conditions and interest rate increases, according to analysis by ...

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Big 4 banks split on regional branch closures

While one major bank has committed to halting closures in regional areas while a Senate inquiry is undertaken, another is proceeding with closures ...

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Former CEO of collapsed ASX-listed company charged with insider trading

The former CEO of Big Un Limited has been charged. Richard Evans, the former chief executive officer of Big Un Limited, has appeared via his lawyer ...

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Challenger reports 56% drop in statutory NPAT

The investment management firm has issued its half-year results. Challenger has posted a 56 per cent fall in statutory net profit after tax (NPAT) ...

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Treasurer reveals decision on Lowe to be made by mid-2023

The Treasurer is expecting to receive the recommendations of the RBA review next month, following which he will make a decision on Philip Lowe

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Fiducian posts lower net profit, higher FUMAA

The firm has announced its results for the half year ended 31 December 2022. Fiducian has posted a 9 per cent fall in underlying net profit after ...

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CRE credit investors to thrive in harsh market

Commercial real estate investors may continue to benefit from interest rate rises and housing supply shortages, an investment manager has revealed

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Treasurer details how he plans to tackle inflation in May’s federal budget

Jim Chalmers has committed to delivering a “responsible” budget in May. Treasurer Jim Chalmers has outlined the federal government’s three-part ...

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Lowe’s forward guidance surprises, economists lift rate expectations

While the RBA’s 25 basis point hike was anticipated, Philip Lowe’s forward guidance has surprised some economists.   The Reserve Bank of Australia ...

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