RBA warning to banking sector; More people in homes

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Financial Stability Review RBA highlights risk to banking sector. “Risks to the Australian banking system have increased somewhat over the past six months from banks’ lending to other sectors. The... Read more continue reading

Nikko AM Australia further builds out distribution team with appointment of two Regional Sales Managers

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As Nikko Asset Management Australia continues to build its distribution network and bring new strategies to market, the company announced that it has hired Lia Gunawan and Simon Green as... Read more continue reading

Chalmers appointment to keep super, financial services a priority

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The promotion of Dr Jim Chalmers to the Shadow Cabinet as spokesperson for Superannuation and Financial Services is further recognition of the importance of these policy areas, as well as... Read more continue reading

Synchron appoints Jason Milosevski as Victorian State Manager

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Leading financial advice licensee, Synchron, has announced the appointment of Jason Milosevski to the role of Victorian State Manager. Synchron Director Don Trapnell said, “Since the untimely passing of Synchron... Read more continue reading

Crowe Horwath International named ‘Advisory Firm of the Year’

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International Accounting Bulletin has awarded Crowe Horwath International with the Advisory Firm of the Year award. The award recognizes an organization’s advisory services that made an important difference to the... Read more continue reading

FSC statement on new Shadow Cabinet appointments

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The Financial Services Council congratulates Dr Jim Chalmers on his promotion to the Shadow Cabinet as Spokesman for Superannuation and Financial services and assistant spokesman for trade and investment. Sally... Read more continue reading

FinaMetrica data highlights men can handle more risk than women

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When it comes to investing, women are generally less tolerant of risk than men – but the difference is less than you might think, according to FinaMetrica co-founder Paul Resnik,... Read more continue reading

HUB24 exceeds $2bn in FUA with record quarterly net inflows

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Highlights Funds Under Administration (FUA) have now reached $2bn ($2.05bn at 12th October); Record quarterly net inflows[1] to HUB24’s investment and superannuation platform of $337m – up 97% on pcp[2];... Read more continue reading

Pengana wins prestigious Lonsec Icon Award

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One of Australia’s most successful and enduring small cap managers, the Pengana Emerging Companies Fund, has been awarded the prestigious Lonsec Icon Award at last night’s SuperRatings Fund of the... Read more continue reading

Housing boom hasn’t peaked; Confidence lifts

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Dwelling starts; Consumer confidence; Chinese inflation data Consumer sentiment: The Westpac/Melbourne Institute index of consumer confidence rose by 4.2 per cent in October to 97.8. A reading of 100 is... Read more continue reading