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Banks throw Australians a second lifelineBY ALLY SELBY | THURSDAY, 9 JUL 2020 4:24PM
Australia's banks will defer repayments on loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery.
Read more: APRA, Anna Bligh, Australian Banking Association, Wayne Byres
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8 reasons to hold high grade bonds today
BNP Paribas Asset Management's investments chief for the Asia Pacific has retired after more than three decades of service.
J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services.
The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show.
A boutique manager has launched its Bermuda-based fund to the Australian market, with underlying assets in US life insurance policies.
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