Price war: Petrol selling below cost price

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Weekly Petrol Price According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 0.2 cents per litre to 143.0 cents a litre in... Read more continue reading

AustralianSuper appoints new Board member

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Western Australian-based Director appointed to AustralianSuper Board AustralianSuper has today announced the appointment of Western Australian-based Simone McGurk as a Director on the AustralianSuper Trustee Board. Ms McGurk is currently... Read more continue reading

Threadneedle expands Australasian presence

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James Wesley appointed as Director, Institutional Clients Threadneedle, a leading international asset manager, has expanded its Australasian team with the appointment of James Wesley as Director, Institutional Clients. Reporting to... Read more continue reading

Household wealth levels nears 3-year high; Company cash holdings at a 11-year high

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Financial accounts The financial wealth of Australians rose in the December quarter – largely due to 4.5 per cent rise in equity markets. Net financial assets of households rose by... Read more continue reading

AustralianSuper urges MPs to support reforms

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AustralianSuper Chief Executive Ian Silk said the prospect of an increase in the Super Guarantee (SG) from 9 per cent to 12 per cent had increased as a result of... Read more continue reading

Lonsec releases its Large Cap Australian Equity Sector Review

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Lonsec’s review of the Large Cap Australian Equity Fund sector encompassed 36 active funds within the peer group considered “mainstream” funds. Of these, 10 attained Lonsec’s top rating, Highly Recommended,... Read more continue reading

The $82,000 question

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 Industry funds research which asserts that consumers would be $82,000 better off in retirement if they did not pay fees to financial advisers is simplistic; fails to take into account... Read more continue reading

Rising oil prices – what is the tipping point for growth?

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Key points Global oil prices remain under upward pressure from turmoil in the Middle East and North Africa. This will dampen global growth and add to the financial pressure on... Read more continue reading

RBA: Resilient financial system

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Financial Stability Review The Reserve Bank has given a clean bill of health for the Australian financial system, highlighting the strength of domestic banks compared with their overseas peers. The... Read more continue reading

Prime Super to appoint Russell as administrator to fund

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New partnership set to assist in driving Prime Super’s growth agenda Prime Super, Australia’s only national super fund for rural and regional Australia, has agreed in principle to appoint global... Read more continue reading