Reserve Bank ponders next move

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Reserve Bank Board meeting The Reserve Bank Board has cut the official cash rate by 25 basis points or a quarter of a per cent to 2.50 per cent. It... Read more continue reading

Russell appoints Jeff Hussey as global chief investment officer

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Global asset manager Russell Investments announced today the appointment of Jeff Hussey to the role of global chief investment officer. Pete Gunning, who held the global CIO role since 2008,... Read more continue reading

Super-Abenomics: surprising speed of reform ahead

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The Japanese Upper House election held on Sunday 21 July was a true test of the country’s attitude to ‘Abenomics’. The result was resounding support for Japanese Prime Minister Shinzo... Read more continue reading

Former Gunns chairman pleads guilty to insider trading

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Former Gunns Limited (Gunns) chairman, John Eugene Gay has pleaded guilty to insider trading. Mr Gay, who was a director of Gunns Limited from 1980 to 2010 and was chairman... Read more continue reading

CANSTAR issues rate movements and commentary ahead of Tuesday’s RBA announcement

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Commenting ahead of the RBA announcement, Mitchell Watson, Research Manager for CANSTAR said: “Last week Reserve Bank Governor Glenn Stevens gave a speech in which he called the end to... Read more continue reading

Weekly market & economic update: week ending August 2

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Key events of the past week and implications Shares continued to trend higher over the past week helped by dovish central bank comments and good news from the US and... Read more continue reading

FSC says governments should be consolidating superannuation not taking it

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Financial Services Council CEO, John Brogden said today the government’s announcement today to increase the threshold for inactive superannuation accounts from $2,000 to $4,000 then to $6,000 is unfair. “We... Read more continue reading

Advisers support the financially disadvantaged through smart shopping

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A new initiative to raise funds for the Future2 foundation is designed to encourage donations without needing to ask for cold, hard cash. Shop for the Future is an online shopping portal... Read more continue reading

Bendigo Bank number one in business banking

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Bendigo Bank has continued its run as the business bank with Australia’s highest customer satisfaction rating. The Bank recorded a satisfaction rating of 80.6 per cent with its business banking... Read more continue reading

ASIC to boost record-keeping obligations

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The move comes as the financial advice industry beds down the Future of Financial Advice (FOFA) and Stronger Super reforms, which will result in big changes for most Australian financial... Read more continue reading