Apparently, it’s not enough for Facebook to document and monitor every little moment in our lives. Now it wants to know how we spend our money, too. The giant social network is setting up to become a major provider of financial services. And there’s probably …
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Australian shares are expected to open higher after Wall Street stocks gained at the end of last week. The SPI200 futures contract was up 31 points, or 0.49 per cent, at 6,350.0 at 0800 AEST, suggesting a positive start for the benchmark S&P/ASX200 on …
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Westpac’s half-year profit has slumped 22 per cent, as the bank felt the impact of hefty customer compensation payouts in its wealth management arm. The country’s second largest bank said cash earnings were $3.29 billion in the six months to March, a 22Â …
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Experts are divided on whether the Reserve Bank will cut interest rates tomorrow or wait until after this month’s federal election . The RBA cut the cash rate during the 2007 and 2013 election campaigns, both of which saw the government defeated.
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Briscoe Group says it may struggle to deliver another record profit as accounting rule changes reduce earnings already facing a squeeze from higher
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