Weekly market & economic update – risk on!

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The past week has been another good one for investors as various key events that investors had been worrying about have continued to pass with positive outcomes. The big news... Read more continue reading

Biggest fall in credit card debt in 18 years

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The average credit card balance fell by $69 (2.0 per cent) to $3,299.10 in July. It was the biggest fall in credit card debt for a July month on record... Read more continue reading

Australian Unity Group revenue up in challenging environment

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Financial services, healthcare and retirement living company Australian Unity Limited (Australian Unity) has reported revenues of $1.12 billion for the year ending 30 June 2012, an increase of 10 percent... Read more continue reading

Preference for bank deposits hits 38-year high

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The Westpac/Melbourne Institute index of consumer confidence rose by 1.6 per cent in September to a reading of 98.2. Sentiment levels are up 1.3 per cent on a year ago.... Read more continue reading

House prices up, as first home buyers return to the market

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Median house prices across Australia’s capital cities have increased over the June quarter by 1.4 per cent, with other dwellings up 0.6 percent, according to the latest data from the... Read more continue reading

Omega Global Investors strengthens research capabilities with new hire

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Specialist investment manager, Omega Global Investors (Omega) has boosted its research capability with the recent hire of Andrew Cleeland as an Investment Research Analyst. The appointment strengthens Omega’s risk-focused asset... Read more continue reading

New private equity specialist spells fresh opportunities for businesses

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Acquisition of Pinnacle Private Equity Limited by investment house, EC Pohl & Co, was today revealed as the latest investment venture of high profile portfolio manager, Dr Manny Pohl. The... Read more continue reading

Advisers’ action crucial for ongoing investment success

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Denison Funds Management (‘Denison’) today said that advisers pay a crucial role in holding in fund managers accountable to their investors.    While many investors may be unhappy with poorly performing... Read more continue reading

Darkest before the dawn

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Is the recent pick-up in several major stock markets more than just another short-lived rally? The latest headlines are not often the best indicator of the direction of the market,... Read more continue reading

Data supports new Chinese spending plans

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Latest Chinese data has retail sales up by 13.2 per cent in the year to August (consensus 13.2 per cent); industrial production up 8.9 per cent – the weakest rate in... Read more continue reading