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07 December 2022 • By Jon Bragg • 1 min read

Higher household spending behind 5.9% GDP growth

The latest GDP figures were slightly below market forecasts. Australia experienced its fourth consecutive quarter of economic growth during Q3, ...

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Magellan falls back into FUM decline

After a slight lift in October, the fund manager suffered another fall in FUM last month. Magellan’s funds under management (FUM) have fallen ...

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Australia maintains AAA rating following budget ‘restraint’

A major credit rating agency has released its latest assessment. Fitch Ratings has reaffirmed Australia’s AAA credit rating and has assessed the ...

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Climate policy uncertainty improving for institutional investors

The Investor Group on Climate Change has released the results of a new survey. Fewer institutional investors now see climate policy as a barrier to ...

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Big 4 banks predict GDP growth slowdown

Australia’s third-quarter GDP figures will be published on Wednesday. Ahead of the release of the national accounts on Wednesday, the big four ...

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Finance professionals faring well amid ‘real-term pay cuts’

CFOs and investment consultants are among the winners in a new salary survey. The CFOs of ASX-listed companies have received a pay bump of 28.3 per ...

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Unexpected inflation slowdown ‘cautiously welcomed’

Despite easing in October, most economists believe that inflation has still yet to peak. Treasurer Jim Chalmers has cautiously welcomed the latest ...

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Crypto collapses tipped to drive ‘flight-to-quality’

BlockFi has become the latest major crypto company to file for bankruptcy. The recent collapse of the FTX exchange and the subsequent fallout for ...

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Westpac promotes responsible use of AI

The big four bank is set to be a founding member of a new consortium. Westpac has announced that it will be one of the founding members of a new ...

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ANZ doesn't expect rate cuts until late 2024

The bank is expecting that inflation and wage growth will remain higher for longer. The Reserve Bank (RBA) will not begin reducing interest rates ...

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