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| | | Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ... |
| | | | It didn't happen overnight, but it did happen. After five days of deliberation, negotiation and compromise, leaders of the 27 governments that make up the European Union (EU) unanimously agreed to an unprecedented €750 billion "Next Generation ... |
| | | | The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ... |
| | | | New research from Right Lane has suggested that Australian super funds could tip into negative cash flows due to COVID-19 and the early release of super program. Right Lane predicts that 54 of 90 super funds could be in negative cash flows by the end ... |
| | | | The corporate watchdog has kicked off civil penalty proceedings in the Federal Court of Australia against contracts-for-difference and FX broker Forex Capital, as well as its sole director. If found guilty of all allegations, director Shlomo Yoshai ... |
| | | | ... Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review into member communication about the fee increase. Bragg said the member communications indicated that ... |
| | | | Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund. Spaceship, which started out as a superannuation fund in 2017, added a managed funds ... |
| | | | New research from asset consultant Willis Towers Watson has found that private equity investments have weathered the impact of the COVID-19 financial crisis, despite a subdued environment for exit deals in the first half of the year. In a survey of ... |
| | | | There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences ... |
| | | | ... two months before when on the 25th of April Victorian deputy chief health officer, Annaliese van Diemen, proclaimed in her press conference: "We are in a very enviable position, we are the envy of the rest of the world in fact". On that day, Victoria's ... |
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