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Aussie, Aussie, Aussie! Noi, noi, noi!BY BENJAMIN ONG | TUESDAY, 22 SEP 2015 9:37AM
"There is still a pretty good chance that we will come out of this episode fairly well, and much better than we came out of previous episodes of this type."
Read more: US, China, All Ordinaries, Australian House of Representatives, Bloody Monday, Britain, Chile, Citi, Fed, Gov Glenn, Horror Monday, IMF, International Monetary Fund, Iran, Ivan Colhoun, Kazakhstan, Middle East, NAB, Reserve Bank of Australia, Saudi Arabia, Sydney Morning Herald, Treasury, Turnbull, Willem Buiter, Zambia
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Towards a perfect currency solution
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
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