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| | | ... Simplification Program. The company added it had reduced gross debt by around 15% since December and experts to be net debt free in a pro forma basis following completion of the Wealth Management sale, while continuing to assess broader capital management ... |
| | | | Employment jumped by a substantial 76,300 jobs in June, above the market consensus of 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS). The unemployment rate remained ready at 4.4%. HSBC chief economist Paul Bloxham questioned ... |
| | | | While budgets for artificial intelligence (AI) capabilities continue to grow across the fund management industry, many aren't sure if they are spending the right amount, new Clearwater Analytics research found. According to the study, which included ... |
| | | | Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair. Peter Kell brings decades of experience in consumer protection, financial services regulation and public policy to SCA and has previously served as ... |
| | | | ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed. The FOI obtained by Lambros Photios, the founder of technology services and artificial intelligence (AI) ... |
| | | | ... ability to support customers in Australia through their next phase of growth and transformation." The business will be debt-free after completion, backed by institutional capital, with significant capital available to fund growth, while Fujitsu will ... |
| | | | The "Great Australian Dream" has been superseded by the pursuit of the "Great Australian Lifestyle" as a new measure of success underscored by financial security, a new survey finds. MLC's new Real Retirement Report, compiled alongside McCrindle Research ... |
| | | | US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams. Last year, Insignia Financial struck a deal with SS&C to outsource about 1300 staff who worked in its master trust business ... |
| | | | Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago. Justice Moshinski lifted the Merhi's travel ban on July 9. The order stated the travel restraint handed down one year ... |
| | | | ... on day one, which was great," he said. The two groups' investment and clients-first beliefs aligned. "Both firms operate free from conflicts of interest. The new combined firm, with its three offices, will definitely have some synergies that Michael ... |
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