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

Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

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Sustainable fund flows recover following turbulent 2022

Investor appetite for sustainable funds has returned after waning in response to market volatility in 2022, according to Morningstar.

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Systemic banks survive APRA stress test

Australia’s largest banks would withstand a major financial crisis, according to a stress test from the prudential regulator, undertaken amid ...

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Tax cheat tip-offs plummet post-pandemic

There's been a sharp decline in tip-offs about tax cheats during 2021–22, according to the ATO, which has put it down to heightened concerns over ...

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TCM-Trovio merger to create $200m digital assets firm

A $200 million crypto firm has emerged from the merger of two local players in the space.

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Top 10 super funds according to APRA

The regulator’s inaugural performance test promises to weed out the not so “super” funds from the rest of the sector.

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Treasurer open to extending Lowe’s RBA governorship

“All options are on the table” when determining whether Reserve Bank governor Philip Lowe’s tenure should be extended, according to the Commonwealth ...

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Treasury bond rates surge as shares brace for ‘correction’

Fixed income assets continue to gather momentum amid evolving inflation and monetary policy expectations.

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Treasury yet to ‘wargame’ stagflation scenario, downplays risks

The department has not stress tested a stagflation scenario, the Treasury secretary has told the Senate, despite persistently high inflation and a ...

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Triple threat signals ‘rougher times ahead’ for commercial property

Commercial property returns face a trident of headwinds, with macroeconomic and structural developments threatening to prolong weakness across the ...

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Turnaround times ‘critical’ to CBA’s strategy

CBA’s chief executive Matt Comyn has said shaving turnaround times is a key component to the bank’s game plan looking forward, as it has launched a ...

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Twitter adds support for crypto tips

Twitter will now let users tip one another in bitcoin, but not everywhere.

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Unemployment rises to 5.2% in October

October saw Australia’s participation rate rise for the first time since June 2021.

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Uranium prices soar as policymakers go nuclear

Investors are flocking to uranium as the nuclear power debate resurfaces across the globe, including in Australia.

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US banks face new multibillion-dollar hit to bottom line

Banks benefiting from uninsured deposits could bear the burden of a new regulatory levy, set to deliver a two-year blow to earnings.

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US equities buoyed by dovish Fed remarks

Recent remarks from Federal Reserve officials are supporting speculation of an end to the central bank’s monetary policy tightening cycle.

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US equities rally as job market cools

Evidence of a deterioration in labour market conditions has buoyed US share markets as expectations of an end to the Fed’s hiking cycle gather ...

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US financial sector flags commercial real estate risks

The commercial real estate sector has been named among four risks to US financial stability in the Federal Reserve’s latest biannual update.

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US income data dents hopes of rate pause

Further hikes to interest rates may be on the cards, with the latest US spending data pointing to continued household resilience.

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US inflation cools but rate hike still looms

The annualised inflation rate in the United States has slipped to its lowest level in almost two years, but the dip will not be enough to change the ...

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