AFA: FOFA is policy on the run – fails to address the real issues

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The Future of Financial Advice (FOFA) reforms are not addressing the real issues which confront Australia, according to the Association of Financial Advisers (AFA). AFA CEO Richard Klipin said a... Read more continue reading

Qantas Super first to adopt agency FX model

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Qantas Superannuation Ltd (Qantas Super), the Trustee of the A$6bn Qantas Superannuation Plan, has appointed Russell Implementation Services Inc. (RIS), a part of Russell Investments, to provide agency foreign exchange... Read more continue reading

New Carbon Tax: More or less certainty?

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Details on proposed Carbon Tax The Federal Government has proposed a new tax on carbon emissions of $23 a tonne to apply to 500 of the biggest corporate emitters from... Read more continue reading

S&P Australian Equites Large-Cap review: more down than up

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Standard & Poor’s Fund Services today released its second batch of peer group ratings in its 2011 Australian Equities Large-Cap sector review for Income, Multi-Manager, Quantitative, and Unconstrained funds. We affirmed... Read more continue reading

Investor Signposts: Week Beginning July 10 2011

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The big picture Confused about where the economy is heading? You’re in good company, with the boffins from the Reserve Bank also seemingly scratching their collective heads about where things... Read more continue reading

CommSec: Unemployment rate is a good indicator of job market health

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Labour force The unemployment rate was unchanged at 4.9 per cent in June. The participation rate edged up from 65.5 per cent to 65.6 per cent. The working age population... Read more continue reading

ASIC: corporate insolvencies on the rise

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Official figures released by ASIC today reveal corporate insolvencies have risen 4.4% in the 2010-11 financial year to date. ASIC’s Senior Executive Leader of the Insolvency Practitioners team, Adrian Brown,... Read more continue reading

Licensee Select appoints new operations manager

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Licensee Select has appointed Simon Dutton to the role of Manager, Operations and Service Delivery. David Hunt, National Manager Licensee Select, welcomed Simon to the role and said the appointment... Read more continue reading

ASX Group Monthly Activity Report – June 2011

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  The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 2.7% during June 2011. Many other major markets also fell during the month including Hong Kong... Read more continue reading