Reserve Bank opts for actions over words

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The Reserve Bank Board cut the official cash rate by 25 basis points (quarter of a percentage point) to 3.50 per cent. The cash rate is at the lowest level... Read more continue reading

S&P rates BTIM’s Global Fixed Interest Fund as Four-Stars ‘NEW’

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Standard & Poor’s Fund Services today released its four-star ‘NEW’ rating on the BT Global Fixed Interest Wholesale Fund, managed by BT Investment Management (BTIM). The fund is rated in... Read more continue reading

Record cutback in investment plans

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New business investment rose 6.1 per cent in the March quarter, ahead of forecasts centred on a rise of 3 per cent. Spending on buildings rose by 10.5 per cent... Read more continue reading

Convincing case to cut rates again

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There’s not a lot of good news in the economy at present. The latest data showed profits, job ads and tourist arrivals all fell. The main piece of good news... Read more continue reading

Aussie Government bond yields at 64-year lows

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Australian 10-year bond yields fell to 2.848 per cent last night – the lowest yields since 1948.  What does it all mean? The last time that Australian long-term government bond... Read more continue reading

Forex and CFD traders should be concerned over Australian client money procedures

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ASIC has revealed that there is a large percentage of OTC derivative providers who are not following appropriate client money procedures. It is time to adopt more stringent rules which... Read more continue reading

Lonsec changes research process for index funds

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Lonsec will now rate index funds – including index managed funds and index-based Exchange Traded Funds – using a separate research process from that used to assess actively managed funds.... Read more continue reading

Weekly economic & market update

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Ongoing worries about Europe combined with soft global economic data, including a very weak employment report in the US and poor Chinese data, has seen investors head for safety. Share... Read more continue reading

Rating unchanged after Aberdeen Global Government Bond Fund incorporates Emerging and Asian market debt

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Standard & Poor’s Fund Services today announced that its rating on the Aberdeen Global Government Bond Fund remains unchanged following Aberdeen Asset Management’s decision to incorporate emerging-market and Asian debt... Read more continue reading

Cormann to Frontline AFA’s 2012 National Roadshow

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Senator Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, will frontline the Association of Financial Advisers (AFA) National Roadshow, which kicks off in Hobart on... Read more continue reading