Weekly market & economic update: week ending August 9

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Key events of the past week and implications Positive global economic data was a mixed blessing over the last week as it combined with comments from various US Federal Reserve... Read more continue reading

Mining to benefit from weak $A, says manager

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The weaker $A will benefit tourism, education, agricultural and even the mining industry, a leading fund manager says. Pengana Capital’s Australian equities fund manager Rhett Kessler says ‘a lower $A... Read more continue reading

AMP announces new Head of Contemporary Wealth Management

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AMP Financial Services (AFS) Director Banking and Wealth Management Products Rob Caprioli has announced the appointment of Patricia Montague as Director Contemporary Wealth Management Products, effective 12 August. Ms Montague... Read more continue reading

van Eyk filters out one third of funds in its new Australian Equities Review

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van Eyk has awarded five funds its top AA rating from a strong pack in its Australian Equities Review 2013 after one third of funds failed to clear the first... Read more continue reading

The Australian election and investors

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Key points Historically election campaigns result in a period of flat lining for the Australian share market followed by a bounce once the election is out of the way. The... Read more continue reading

Growth for AMP’s Genesys Wealth Advisers

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AMP yesterday announced that Wealth Plus Solutions and three other financial planning practices have joined Genesys Wealth Advisers. Wealth Plus Solutions has 11 advisers across its two offices in Perth... Read more continue reading

Job losses but Aussies work longer hours

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Labour force; Chinese trade data Jobs & jobless rate: Employment fell by 10,200 in July after rising by a revised to 9,300 jobs created in June (previously reported as a 10,300... Read more continue reading

AMP Bank reduces home loan interest rates by up to 30 basis points

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AMP Bank has reduced its interest rates for new and existing customers across all variable rate home loans by 25 basis points and for new fixed term home loans by... Read more continue reading

Future2 and FPA draw closer

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A long-standing relationship between the Future2 Foundation and the Financial Planning Association (FPA) has been formalised and strengthened with an agreement to work together for the betterment of the Australian... Read more continue reading

More home loans, but no boom in sight

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Housing finance Home loans on the rise: The number of new owner-occupier housing loans rose by 2.7 per cent in June – the sixth straight increase. Over the first six months... Read more continue reading