Bumper crop despite floods; Construction slumps

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ABARE Crop Report; Performance of Construction The Government’s commodity forecaster has lifted its crop forecasts. ABARES has lifted its forecast for the 2010/11 winter crop by 6.2 per cent. Despite... Read more continue reading

Russell’s institutional business poised for growth

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New specialists to provide focused resources for industry and government super funds, and financial institutions (non-super clients) Russell Investments today announced a number of strategic appointments dedicated to supporting the... Read more continue reading

ACSA calls for nominees for 2011 custody award

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The Australian Custodial Services Association (ACSA) is calling for nominations for its annual awards which recognise outstanding contributors to the Australian custody and investment administration industry. Mr Paul Cutts, the... Read more continue reading

Reserve Bank more relaxed about the road ahead

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Reserve Bank Board meeting The Reserve Bank Board has left the cash rate at 4.75 per cent at its final meeting for 2010. The next meeting is on February 1... Read more continue reading

Petrol pain ahead; Tame inflation; Job ads slow

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Weekly Petrol Price, Inflation gauge; Job Advertisements Motorists need to prepare for higher petrol prices. The terminal gate or wholesale price of petrol leapt by over 3 cents a litre... Read more continue reading

Migrant numbers hit 4yr low despite tight job market

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Latest economic indicators The job market is tight but permanent settler numbers have plunged. Net permanent and long-term arrivals to Australia hit 4-year lows in the year to October. In... Read more continue reading

Further appointments at Aviiid Third-age Living

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Retirement asset manager continues to grow its team Retirement asset management specialist, Aviiid Third-age Living, has moved another step closer to formalisation of its flagship fund, A-CARES No. 1, with... Read more continue reading

Depressed services sector; 4WD sales soar

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Latest economic data The services sector is going backwards. The Performance of Services index fell from 50.7 to 46.2 in November. Any reading below 50 suggests that the services sector... Read more continue reading

Threadneedle’s outlook and investment themes for 2011

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Reasonable global growth led by emerging economies, but markets remain fragile and shocks will trigger volatility Mark Burgess, incoming Chief Investment Officer at Threadneedle, looks ahead to 2011: “Our central... Read more continue reading

Weekly market & economic update – 03 December 2010

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Headline developments of the past week Better than expected economic data in the US, Europe and China along with the European Central Bank moving to extend its liquidity boosting measures... Read more continue reading