Hopes for a lift in Aussie spending

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A measure of economy-wide spending posted solid growth in seasonally adjusted terms in May, raising hopes that rate cuts may lift activity in the retail sector. The Commonwealth Bank Business... Read more continue reading

Questions left unanswered as FoFA passes through the Senate

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While the Future of Financial Advice (FoFA) legislation has now passed through the Senate, the Association of Financial Advisers (AFA) is concerned that key questions have been left unanswered. “What... Read more continue reading

Australian Ethical board wins against dissidents

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Australian Ethical Investment Limited (AEI) shareholders have voted to reject all resolutions put to a general meeting called by a small group of dissident shareholders.  All 10 resolutions were rejected by... Read more continue reading

REIA forges new partnership with Bendigo and Adelaide Bank

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The national voice of Australia’s real estate sector, the Real Estate Institute of Australia (REIA) has entered into a new partnership agreement with Australia’s leading customer-connected banking group, Bendigo and... Read more continue reading

Oliver’s Insight: Greek relief for now, but what about the US?

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The Greek election has averted a messy Greek default and euro exit for now, but European problems remain intense with hopefully the June 28-29 EU leaders’ summit providing some lasting... Read more continue reading

FoFA passes through Senate

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The Financial Planning Association (FPA) welcomes the clarity provided through the passing of the Future of Financial Advice (FoFA) reforms by the Senate today. Effective as law from 01 July... Read more continue reading

Global equity managers focused on defensive blue chips & Asian revenues

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Standard & Poor’s Fund Services has announced the first release of ratings from its 2011–2012 global equities sector review today. Funds rated in the growth/GARP, value, unconstrained equity, and indexed... Read more continue reading

Boutique wealth manager shuns sign-on bonuses

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Perth-based dealer group Plan B Wealth Management today announced the appointment of two new advisers, in line with its strategy of growth through the attraction of high quality, experienced professionals.... Read more continue reading

Europe the driver behind “finely balanced” rate cut

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The decision to follow up the half a per cent rate cut in May with another quarter of a per cent cut in June was not as clear cut as... Read more continue reading

S&P affirms ratings after Vanguard announces management fee reduction

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Standard & Poor’s Fund Services has affirmed its ratings on Vanguard’s S&P rated funds, following Vanguard’s announcement today that it proposes reducing its management fees on a number of its... Read more continue reading