BetaShares U.S. Dollar ETF quadruples in size in a month

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BetaShares U.S Dollar ETF (ASX Code: USD) AUM reaches $50 million USD consistently ranking as one of top three most actively traded ETFs BetaShares passes $120 million in AUM three... Read more continue reading

Budget deficit soars to near record high

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Federal budget The underlying budget deficit deteriorated in January and now stands just shy of record highs. In the 12- months to January, the budget deficit totalled $62.3 billion, an... Read more continue reading

AMP upgrades risk insurance offer for new and existing customers

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AMP has launched a range of product enhancements and new service initiatives across its retail and group insurance offerings, effective immediately. AMP Director of Wealth Protection Products Michael Paff said... Read more continue reading

AIST/ Russell launch Super Engagement Index and research

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Superannuation important to 85% of Australians’ retirement A third of fund members don’t know employer contribution amounts New index will allow superannuation funds to track member engagement The Australian Institute... Read more continue reading

Insync FM Sees 2011 as a good time to buy global shares

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Why International Equities Now? International equity fund manager, Insync Funds Management, believes that now is the time to buy global stocks. “Over the last ten years large cap global shares... Read more continue reading

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