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AMP Australia chief steps down

AMP has announced that Alex Wade, CEO of AMP Australia, has resigned from his role, effective immediately.

AMP Australia chief steps down
MyBusiness to host free event for business owners

MyBusiness has announced a line-up of key decision makers, dignitaries, business owners and mental health advocates for a new, free, virtual conference for Australian business owners.

MyBusiness Week 2020
AMP appoints head of real estate business

A senior executive at AMP Capital has been appointed to lead the group’s real estate business.

AMP appoints head of real estate business
Borrowers reluctant to ditch loan deferrals

Just 8 per cent of borrowers on loan deferrals resumed full repayments over the June quarter, new APRA data has revealed.

Borrowers reluctant to ditch loan deferrals
SME Guarantee Scheme a ‘disappointment’ for SMEs: Banjo

The CEO of a participating lender in the government’s Coronavirus SME Guarantee Scheme has outlined that small businesses have been left disappointed after difficulties with the first round

SME Guarantee Scheme a ‘disappointment’ for SMEs: Banjo
RBA issues update, analysts tout policy changes

The central bank has issued a monetary policy update amid fears of a deeper recession, which have “consigned to history” an upgrade to the economic outlook.

RBA issues update, analysts tout policy changes
Finding the right solution for small business recovery

Promoted by Suncorp COVID-19 means it is more important than ever that SMEs know what’s out there to help them, and brokers can help show them the way.

Finding the right solution for small business recovery
New Melbourne ‘disaster payment’ announced as businesses close

Prime Minister Scott Morrison has announced a $1,500 “disaster payment” for Melburnians needing to self-isolate, as the city moves to shutter the majority of businesses.

New Melbourne ‘disaster payment’ announced as businesses close
COVID economy triggers third monthly fall in home values

Sydney and Melbourne have continued to lead the downturn in residential property prices, with national home values falling for the third consecutive month, CoreLogic data has revealed.

COVID economy triggers third monthly fall in home values
New LMI concessions heightening risks, warn analysts

An expected ramp-up of LMI concessions could exacerbate risks associated with falling residential property prices by encouraging borrowers to take on more debt, analysts have warned.

New LMI concessions heightening risks, warn analysts
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