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ASIC proposes censure on credit product

The corporate regulator has proposed to use its product intervention powers to address “significant detriment” caused by continuing credit products.

AOFM puts $2bn finance fund on hold

The federal government’s fund manager has paused investment rounds on the $2-billion Australian Business Securitisation Fund in light of current market conditions.

Finance Minister to step down

Australia’s longest-serving finance minister will leave politics at the end of the year, adding that he has “left nothing on the field”.

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