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At ASIC, a noon showdown killed any chance of peace

Ex-ASIC chairman James Shipton desperately wanted to avoid the meeting with his deputy that was exposed on the front page of the Financial Review.

QAN ASX: Qantas effect hangs over profit season as margins surprise

Investors love it when a company gets more profit out of every $1 that flows through its doors, but companies are not necessarily crowing about it this year.

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