SPAA opposes compensation for SMSFs

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The SMSF Professionals’ Association of Australia (SPAA) remains steadfastly opposed to any form of compensation scheme for self managed super funds (SMSFs). SPAA CEO Andrea Slattery was responding to a... Read more continue reading

Weekly market & economic update – week ending 7 February, 2014

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Key events of the past week and implications While the past week got off to a bad start after a weather affected slump in the US ISM manufacturing conditions index,... Read more continue reading

Don’t squander your FoFA peace dividend

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Financial planning businesses invested heavily in preparing for the new fee disclosure statement (FDS) regime and can now either embrace the opportunity to secure a return on their investments, or... Read more continue reading

Equity Trustees distributes over $14.5 million as demand from charities soars

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Equity Trustees distributed more than $14.5 million last year to charities on behalf of the 206 charitable trusts it manages, following the directions and wishes of the trusts’ founders. The... Read more continue reading

How & where we spent in 2013

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Consumer spending perspective Retail trade in 2013: Over 2013 as a whole, Australians spent $264.2 billion at retail outlets. Spending was up 3.2 per cent over 2012 – the strongest calendar-year... Read more continue reading

The Australian dollar – still more to fall

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Key points The rising tide in favour of the $A has well and truly reversed with further downside likely in the years ahead, particularly against the $US and Euro. The... Read more continue reading

CBA Economics: Rising retail trade momentum is positive for household spending growth

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Retail Trade – December 2013 Retail trade rose by 0.5% in December to be 5.7% higher over the year. Retail prices are picking up, rising by 1.1% over QIV.  It... Read more continue reading

Zurich boosts Life Risk Underwriting team to meet rapidly changing needs of advisers and customers

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Zurich Financial Services Australia Limited (Zurich) announced today the appointment of two Senior Life Risk Underwriters – the latest in a string of appointments for the Life & Investments business... Read more continue reading

Number of margin lending approved stocks creeping closer to pre-GFC levels

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Post-GFC, margin loans have been out of favour with many investors. From a peak of 248,000 margin lending client accounts in December 2007, the most recent Reserve Bank of Australia... Read more continue reading

AdviserLogic – New Appointment in Western Australia

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Financial planning software house AdviserLogic has announced that they have appointed Michael Jobbins as Sales Manager for Western Australia and South Australia. Michael has thirty-five years experience in the financial... Read more continue reading