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Be ready for negative rates: APRA to ADIsBY JAMIE WILLIAMSON | MONDAY, 12 JUL 2021 12:28PM
Despite the Reserve Bank of Australia being confident it's unlikely interest rates will enter negative territory, APRA is consulting on ADI's preparedness for such an event.
Read more: ADI, APRA, Reserve Bank of Australia, Therese McCarthy Hockey
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Almost one third of Australians don't know what income protection covers and could potentially lose out from the significant life insurance reforms that are just days away.
In its submission to the federal government's inquiry into housing affordability, Industry Super Australia has suggested superannuation funds could play a key role in creating more affordable housing.
The active, long-only equity specialist launched a global sustainable emerging market fund for local investors.
The fund manager has appointed a head of risk and compliance, general executive, and research associate as it invests in its next stage of growth.
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