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Hitting the reset button at AMP
AMP reported net loss of $2.5 billion in its full-year results with an underlying profit of A$464 million.
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Mutual banks tackle high demand from First Home Loan Deposit Scheme
The government- backed initiative to help Australia buy their first home faster has seen customer owned banks undergo a wave of...
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Insights into a $120 billion merger
More superannuation mergers will continue to take place over the next decade on the back of greater regulatory scrutiny and greater...
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The $10. 2 trillion industry ripe for disruption
Innovations such as open banking is expected to play a role in Australia’s growing superannuation industry predicted to rise from $...
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AMP sees improvement in cashflow but wealth disappoints
The bank reported cash outflows of $9.0 billion for its wealth business, however, cash inflows were up $7.1 billion, $0.6...
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Libra creating a "seminal" moment in financial history
Co-founder and CEO of UK company of Payments Solved, Nilixa Devlukia believes Facebook's ...
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AMP invests in super youth team
AMP Capital has launched an industry-first youth advisory committee ahead of changes to its superannuation fund programs,...
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Business confidence grows but with steady feet
Expectations remain cautious for the business community according to the latest September quarterly survey, The Executive...
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Banks unprepared for baby boomer wealth transfer
Global industry strategist at OpenText, Monica Hovsepian said the finance industry is unprepared for the mass transfer of wealth...
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