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Tens of thousands of young Aussies reach into their pockets to get sharemarket kicks

Tens of thousands of young Aussies reach into their pockets to get sharemarket kicks

In the six weeks since the platform was launched, Superhero has garnered 17,000 signups.

  • by Hamish Hastie

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'AMP destroyed me': Former planners demand inquiry
Financial planners

'AMP destroyed me': Former planners demand inquiry

Politicians from both sides of the aisle have condemned AMP's treatment of its planners. Now one has spoken out to demand an inquiry.

  • by Charlotte Grieve
NAB directs staff back to office after months of remote working
Coronavirus Pandemic Live

NAB directs staff back to office after months of remote working

National Australia Bank is telling staff outside Victoria it's time to start returning to the office after months of working from home because of COVID-19 restrictions.

  • by Charlotte Grieve
AMP soars after takeover bid from US firm Ares
Company mergers

AMP soars after takeover bid from US firm Ares

Less than two months after announcing it was exploring options to splinter the group, AMP has received a takeover bid from US private equity firm Ares.

  • by Charlotte Grieve
ANZ chief says 'real pain' to come mid-2021, exits coal
Big four

ANZ chief says 'real pain' to come mid-2021, exits coal

ANZ chief executive Shayne Elliott predicts the full economic impact of the coronavirus pandemic will be felt next year after government wage support packages come to an end.

  • by Charlotte Grieve
ANZ's bad news day better than expected
Opinion
Big four

ANZ's bad news day better than expected

A surprise element of the result has been the way customers have responded to the dire threats to their finances.

  • by Stephen Bartholomeusz
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Afterpay flags launch of local banking service, eyes 11 million customers globally
Payments

Afterpay flags launch of local banking service, eyes 11 million customers globally

The $27 billion buy now, pay later provider says it will launch its banking service to more than 3.2 million local clients by mid next year, hinting a global rollout is also possible.

  • by Colin Kruger
ANZ reports $528m hit to earnings as customer payout costs rise
Big four

ANZ reports $528m hit to earnings as customer payout costs rise

ANZ is the third major bank to announce a hit to earnings in the past week, raising eyebrows among some analysts.

  • by Charlotte Grieve
'Why are we paying more?': Link CEO fears red tape will push super fees up
AGM season

'Why are we paying more?': Link CEO fears red tape will push super fees up

Outgoing Link CEO John McMurtrie has predicted fees will climb if funds take admin services in-house and the government continues to regulate the sector.

  • by Charlotte Grieve
'Not something that should be messed with': Rising investor anger over virtual AGM plan
AGM season

'Not something that should be messed with': Rising investor anger over virtual AGM plan

Australia's largest superannuation funds and one of the country's highest profile fund managers have criticised a plan to make virtual AGMs permanent

  • by Charlotte Grieve
Holgate falls victim to PM's grandstanding
Opinion
Christine Holgate

Holgate falls victim to PM's grandstanding

The PM has called out the Australia Post boss over some expensive gifts she gave to her team. But is this not just another tall poppy moment?

  • by Shivani Gopal