Resource states shift into fourth gear

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Average weekly earnings; ABARE Mineral & energy major projects Average weekly earnings rose by 0.4 per cent in the three months to August with private sector earnings up just 0.2... Read more continue reading

AMP Bank increases standard variable rate

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AMP Bank is increasing its standard variable home loan interest rate for new and existing customers by 38 basis points to 7.82 per cent following the Reserve Bank of Australia’s... Read more continue reading

The Conference Call

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Ripoll to speak at FPA Conference Bernie Ripoll MP, will discuss the future of the financial planning industry at the Financial Planning Association’s (FPA) 2010 National Conference: Your Wavelength. The... Read more continue reading

Healthy wage growth to boost consumer activity

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Labour Price Index Wages lift driven by the minimum wage increase. Wages rose by 1.1 per cent in the September quarter. In annual terms wages are up 3.5 per cent... Read more continue reading

SPAA calls for ‘opt out’ solution to prevent excess super contributions

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SPAA Treasury submission says employees who can prove they are at risk of a contribution cap breach should be able to opt out of SG contributions in advance Superannuation fund... Read more continue reading

A land of opportunity – Australia leads the way as a multicultural nation

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Australia continues to be a leading multicultural nation, attracting one of the highest proportions of overseas born residents at 25 per cent of the total population, compared to the OECD... Read more continue reading

Lonsec releases 2010 Multi-Manager Sector Review

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Lonsec’s 2010 multi-manager universe consists of thirteen managers, of which twelve were formally researched and rated as part of this Sector Review. Multi-managers included in this review offer products across... Read more continue reading

Disillusionment with traditional investment practices results in increased support for responsible investment

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Responsible investment is the preferred approach for an increasing number of institutional and individual investors as an alternative to conventional investment practices evidenced by: a 10% increase in managed responsible... Read more continue reading

Outcome ideal for Tyndall Investments

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Commenting on the announcement today (16 November) that Nikko Asset Management (Nikko AM) will acquire Tyndall Investments, Australia and New Zealand from Suncorp, Mr Craig Hobart, who has been confirmed... Read more continue reading

RBA highlights pressure on bank funding

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RBA Board minutes At the last Reserve Bank board meeting members took some time to consider bank funding costs. Members explicitly stated that there was a possibility that banks would... Read more continue reading