Industry digs deep amid bushfire crisisBY ELIZABETH MCARTHUR | MONDAY, 6 JAN 2020 12:18PM
The financial services industry is supporting bushfire victims and volunteer firefighters however possible, as Australia is gripped by a bushfire crisis that has seen many lose their lives.Read more: Westpac, National Australia Bank, Westpac Bank Manager, Australian Financial Complaints Authority, Australian Red Cross, CBA, CommInsure, Commonwealth Bank, Jane Watts, Michelle Jablko, Mike Baird, QBE, Rob Guest
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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