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23 November 2024 • By [email protected] • 1 min read

Financial services industry laments APRA’s cost burden

Less than a third of APRA-regulated entities are satisfied with the prudential regulator’s management of compliance burdens.

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Financial watchdogs to investigate debanking

The Council of Financial Regulators has formed a working group to probe debanking, following claims of banks cutting off their services to ...

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First Republic falls, JP Morgan takeover approved

The California-based institution is the latest to succumb to banking system volatility. 

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First Republic receives big bank boost as crisis risks loom

US banking giants have deposited over $45 billion in funds with First Republic amid fears of a fourth bank collapse. 

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First-ever Women in Finance Summit sold out

With less than a week left until the Women in Finance Summit 2023, the inaugural event has sold out.

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Fiscal stimulus not inflationary, tough times ahead: Treasury

The Treasury secretary has rejected claims the government is contributing to inflationary pressures, stressing economic risks are “clearly two-sided”

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FOS renews call for compensation scheme

The Financial Ombudsman Service has updated its 2009 proposal for an industry-funded compensation scheme to take into account the ombudsman's focus on ...

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Franklin Templeton appoints global sustainability head

The investment firm has created the new role of global head of sustainability, based in California.

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Frydenberg commits to RBA review in 2022

Federal Treasurer Josh Frydenberg is setting the stage for a formal review of Australia’s central bank.

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Frydenberg pledges to move on crypto regulation in 2022

Federal Treasurer Josh Frydenberg has outlined the government’s plans to move forward with a tranche of new crypto asset reforms.

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Fund managers forecasting stagflation, remain ‘uber bearish’

Market sentiment among global fund managers continues to wane amid fears of a looming recession characterised by stagflation. 

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Funds push back against ‘nationalised super’ proposal

The super sector isn’t buying the idea of a government-run fund.

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FWO to take CBA to court over $16M in alleged wage theft

The Fair Work Ombudsman (FWO) has commenced proceedings against Commonwealth Bank (CBA) in Federal Court.

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Gloomier RBA outlook sheds light on rate rationale

The Reserve Bank has published its revised forecasts for the economic outlook just days after its latest hike to the cash rate.

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Goldman Sachs: Bitcoin could hit US$100k

Inflation could drive the price of bitcoin to new heights.

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Headlines don’t tell the whole story on inflation

Investors need to keep calm and carry on when it comes to inflation, else they miss out on what comes next. 

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Hostplus dumps single sector property, infrastructure funds

The superannuation trustee has withdrawn the funds amid concerns over the outlook for the commercial property market.

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Household spending rises but discretionary spending softens

The latest spending data has provided new evidence of weakness in the economy ahead of the Reserve Bank’s next rate move.

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How fundies can beat the ‘unique’ Australian market

The uniqueness of the Australian equities market is providing fund managers an opportunity to essentially beat the market, new research has revealed

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How to service clients from Indigenous backgrounds

Linking with grassroots groups and ensuring First Nations people take the lead are key to servicing Indigenous clients, according to an Indigenous ...

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