MyState Limited appoints new Non-Executive Director 

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MyState Limited (ASX:MYS), the ASX-listed banking and wealth management group, has announced the appointment of Vaughn Richtor as a Non Executive Director with effect from 1 September 2019. MyState Chairman, Miles Hampton, said: “We are very pleased to announce the appointment of Vaughn Richtor to the MyState Board. Vaughn is the former CEO of ING […]

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Plato Income Maximiser announces $200m entitlement offer to meet demand for income

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With official cash rates and bond yields plumbing to record lows, investors are increasingly looking for dividend payments as a replacement for their cash and fixed interest income. To help meet this increased demand, Plato Income Maximiser Limited (PL8 or the Company) today announced a $200 million entitlement offer. PL8 is the only Listed Investment Company (LIC) […]

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Australia’s strong job market

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Labour force Employment rose for the 33rd time in 34 months, up by 41,100 jobs in July after a revised 2,400 fall in jobs in June (previously reported as an increase of 500 jobs). Full-time jobs rose by 34,500 with part-time jobs up by 6,700. Economists had tipped an increase in total jobs of around […]

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Superior SQM rating for Australian Eagle Asset Management

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SQM has completed its inaugural rating of the Australian Eagle Trust Long-Short Fund, awarding its superior rating category of 4.25 stars. The rating indicates that SQM believes the Australian Eagle Fund has substantial potential to out-perform over the medium to long term and that management is of a very high calibre. SQM also stated that […]

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Quay’s strong performance sees rating upgrade

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The Quay Global Real Estate Fund has been upgraded to a recommended rating from Zenith Investment Partners, recognising the fund’s recent strong performance and business growth. The Quay Global Real Estate Fund, which was launched in 2014, is the flagship fund of Quay Global Investors, founded by portfolio managers Justin Blaess and Chris Bedingfield as […]

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BlackRock Australia appoints David Porter as new Head of Melbourne to drive growth

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BlackRock Investment Management (Australia) Limited (BlackRock) has announced the appointment of David Porter, in the newly created role of Head of Melbourne. Mr Porter will lead our Melbourne team to deliver tailored solutions to meet clients’ evolving needs, as well as develop new strategic relationships that engage across multiple BlackRock capabilities. Mr Porter, who is […]

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2019 ICNZ and ANZIIF Scholarship opens for submissions

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Insurance Council of New Zealand (ICNZ) are pleased to announce submissions are open for the 2019 ICNZ and ANZIIF Scholarship. Young insurance professionals from New Zealand have been encouraged to apply for the scholarship, which recognises industry professionalism and leadership potential. The […]

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OnePath makes ongoing investment to support advisers

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OnePath has announced further enhancements to its comprehensive client management portal, OneView Life demonstrating its ongoing commitment to partnering with financial advisers and its continued positive momentum. The enhancements include the ability for financial advisers to now quote increases online to existing client’s OneCare cover, giving advisers greater flexibility when responding a client’s change in […]

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Fastest Victorian annual wages growth in 5½ years; Consumer views on home purchases hits 5½-year high

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Wage Price Index; Consumer confidence Wages: The wage price index rose by 0.6 per cent in the June quarter (consensus: +0.5 per cent). Annual wages growth was steady at 2.3 per cent – near 4½ year highs. Public sector wages were up by 0.8 per cent in the June quarter – the biggest increase in […]

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Leading specialty risk advice businesses MBS Insurance & Complete Risk Analysis join forces  

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Leading specialty risk advice businesses MBS Insurance (MBS) and Complete Risk Analysis (CRA) have announced they are joining forces in a merger that will position the new group for growth and success in the new era of professional advice.  In a market that proclaims a future of challenges for risk insurance, Sydney headquartered MBS and Melbourne based CRA are […]

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