Reserve Bank returns to watchful stance

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RBA Statement on Monetary Policy; PCI The Reserve Bank has tinkered with economic growth forecasts, but the trajectory is largely unchanged. However the Reserve Bank has modestly downgraded inflation forecasts.... Read more continue reading

INGIM boosts wholesale team with new appointment

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INGIM hires fourth employee this year for Melbourne office Wholesale business continues to target advisers ING Investment Management (INGIM) Australia has boosted its wholesale business with the appointment of Mark... Read more continue reading

AMP appoints Director of Advice

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AMP Financial Services has appointed Scott Machin to the newly created role of Director of Advice commencing immediately. AMP Director of Financial Planning, Advice & Services Steve Helmich said Mr... Read more continue reading

Biggest slide in home building in a decade

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Latest economic data The outlook for home builders is gloomy. Council approvals to build news homes slumped by 6.6 per cent in September. Over the past six months approvals have... Read more continue reading

All Star Fund’s launches new LPT capability to fill adviser demand; rated RECOMMENDED by Zenith

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Kate Mulligan, Managing Director of All Star Funds has announced today that their new All Star Maple-Brown Abbott Listed Property Fund has been given a rating of “Recommended” by ratings... Read more continue reading

AIOFP’s Board Response to FOFA

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DRAFT A Discussion Paper Presented to Minister Bill Shorten 1. Fiduciary Duty While there is currently no statutory fiduciary duty, the vast majority of advisers already behave in a manner... Read more continue reading

Proposed Changes to the Australian Financial Services Industry

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DRAFT A Discussion Paper Presented to Minister Bill Shorten 1.1    The objective of this paper is to highlight some issues that exist in the Australian financial services industry that may... Read more continue reading

Lonsec releases 2010 Australian Equity Income Sector Review

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Lonsec has released its 2010 Australian Equity Income Sector Review, which encompassed nine funds. Two of those received a Highly Recommended rating, the CFS Wholesale Equity Income Fund and the... Read more continue reading

James Blackshaw joins St.George Private Clients as State Head QLD and WA

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Rebecca Lim, General Manager St.George Private Clients, today announced the appointment of James Blackshaw as State Head QLD and WA. James joins St.George Private Clients from Bank West Private Banking... Read more continue reading

Reserve Bank takes a punt

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Reserve Bank Board meeting For the first time in six months the Reserve Bank has elected to increase official interest rates, lifting the cash rate by 25 basis points to... Read more continue reading