Alan Cameron appointed Chair of ASX Corporate Governance Council

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ASX Group (ASX) announces the appointment of Mr Alan Cameron AO as the new Chairman of the ASX Corporate Governance Council (Council). Mr Cameron is a leading corporate governance authority... Read more continue reading

ASIC releases new financial requirements for responsible entities

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ASIC has released new financial requirements for responsible entities (REs) of managed investment schemes (MISs). The changes, implemented through Class Order (CO 11/1140]) and outlined in updated versions of Regulatory Guide... Read more continue reading

S&P upgrades Premium Asia Fund

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Standard & Poor’s Fund Services has today upgraded the Macquarie Investment Management-sponsored Premium Asia Fund to four stars and reclassified it as an alternative strategies equity product. We first rated... Read more continue reading

WHK appoints Mercer for investment research and Macquarie Private Wealth for equities

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WHK, one of Australia’s leading professional advice businesses today announced the appointment of Mercer to provide investment research support and Macquarie Private Wealth to provide share execution services. The appointment... Read more continue reading

Bendigo Bank passes on full rate cut

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Following its regular pricing committee meeting, Bendigo Bank has announced it will decrease its variable home loan rate by 0.25% p.a. to 7.55% p.a. Managing Director, Mike Hirst, said the... Read more continue reading

S&P places Principal Global Strategic Income Fund ‘On Hold’

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Standard & Poor’s Fund Services today moved the rating on the Principal Global Strategic Income fund from Four Stars to ‘On Hold’ following the departure of Australian based co-portfolio manager... Read more continue reading

Butterworth to lead expansion program for BT’s Advice business

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BT Financial Group has signalled expansion plans for its Advice business by announcing the appointment of Phil Butterworth, Mario Modica, Kon Costas and Andrew Rutter to lead a new business... Read more continue reading

CommSec: Downbeat RBA slashes growth forecasts

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The RBA has warned that risks are weighted to the downside. Annual GDP growth forecasts in June 2012 have been cut from 4.5 per cent to 4.0 per cent. Underlying... Read more continue reading

ASX: October trading activity slower than September

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The value of ASX-listed stocks, as measured by the All Ordinaries Index, rebounded sharply during October 2011 to rise 7.1%, following a decline of 6.9% in September. This performance was... Read more continue reading

AMP Bank reduces interest rates across all variable home loans

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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. This is in line with the Reserve Bank... Read more continue reading