ANZ profits hit by remediation, low ratesBY ELIZA BAVIN | THURSDAY, 31 OCT 2019 11:34AM
ANZ's full year profit fell 7% to $5.95 billion compared to last year, with the bank blaming record low interest rates, increased regulation and a rise in customer remediation costs.Read more: ANZ, Australia, Royal Commission, Shayne Elliott, ASX
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New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.
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A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas.
Close to a third of wealth management organisations are looking to boost staff numbers this year, with sales roles expected to be most in demand.
Spaceship has boosted its executive team through the appointment of three executives, including a former leader of Macquarie and Bennelong Asset Management.
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