Sliding $A hurts confidence; RBA focus shifts to infrastructure

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Consumer confidence; Consumer sentiment: The Westpac/Melbourne Institute index of consumer confidence fell from a 16-month high, down by 6.9 per cent in June to 95.3. The confidence index is up... Read more continue reading

Bennelong’s expansion continues

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Bennelong Funds Management (Bennelong) yesterday announced the appointment of Ryan Durance to the role of Director of Distribution, Institutional. The appointment follows on the heels of recent announcements about Bennelong’s joint... Read more continue reading

Grant Samuel Funds Management invests in institutional business with senior appointment

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Grant Samuel Funds Management (GSFM) has appointed Ms Vivienne Lee to the newly created role of senior manager – institutional business. Ms Lee will be based in Sydney and will... Read more continue reading

Fintech start-ups – launch now, regret later?

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Lessons learnt from HashChing Even fintech providers that don’t offer direct financial advice to consumers may need an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), according to... Read more continue reading

Weekly market update – week ending 5 June, 2015

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Investment markets and key developments over the past week Shares had a rough week as Greek worries continued to weigh, the back-up in global bond yields resumed, and uncertainty about... Read more continue reading

AFA Partners with Sunsuper

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The Association of Financial Advisers (AFA) has announced that one of Australia’s largest superannuation funds, Sunsuper, has taken up a silver partnership with the AFA. Sunsuper is a national profit-for-members... Read more continue reading

Perfect storm hits trade accounts; Flat retail

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Retail Trade; International Trade Flat retail trade: Sales were flat in April after ten prior months of gains. Annual spending growth eased from 4.4 per cent to 4.1 per cent,... Read more continue reading

The Australian economy – seven reasons not to be too gloomy

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Key points Australian economic growth came in at a stronger than expected 0.9% in the March quarter, but remains sub-par on an annual basis at 2.3% and demand remains very... Read more continue reading

Market appetite for investment solution co-design opens new senior role at Omega Global Investors

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Omega Global Investors (Omega) has announced a senior investment executive hire to help service and fulfil growing demand for bespoke, intelligent investment solutions. Scott Lawrence, former Managing Director for Parametric... Read more continue reading

Stronger, broad-based economic growth

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National accounts Firmer growth: The Australian economy grew by 0.9 per cent in the March quarter after a 0.5 per cent increase in the December quarter. Forecasts had centred on... Read more continue reading