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APRA's extraordinary gift to banks under pressure to pay dividends

  • Written by Richard Holden, Professor of Economics, UNSW
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Last week the Australian Prudential Regulation Authority (APRA) sent an extraordinary letter to Australia’s banks and insurers, essentially telling them to cut their dividend payments to shareholders in light of the coronavirus crisis.

It said it expected banks and insurers to “seriously consider deferring decisions on the...

Read more: APRA's extraordinary gift to banks under pressure to pay dividends

SME Business News

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The Times Features

How can brands recognise the very important role that visual content plays in the real world?

For nearly three decades, Getty Images and iStock have developed unparalleled expertise in understanding the impact of visual content on our world. During this time, one truth ...

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There are 2 main ways to stretch – the one you should choose depends on what you want your body to do

Picture this: you’ve just woken up and rolled out of bed. Your feet hit the floor, and your legs buckle. They are in absolute agony – that run yesterday has really come back to...

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Business Times

How Ofload and Logistics Tech Power Australia’s Biggest Shopping …

Black Friday has evolved from a single day event into "Black November," overtaking December as Australia’s biggest shoppi...

Kimberly-Clark Australia and Woolworths set to reduce plastic was…

Kimberly-Clark Australia, one of the nation’s leading personal care product manufacturers, has partnered with Woolworths ...

How can brands recognise the very important role that visual cont…

For nearly three decades, Getty Images and iStock have developed unparalleled expertise in understanding the impact of vi...

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