Spending remains sluggish across Australia

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CBA Business Spending index A recovery in spending across the Australian economy remains elusive according to a key gauge.The Commonwealth Bank Business Sales Indicator (BSI) was unchanged in October after... Read more continue reading

Weaker Aussie drives petrol to three month highs

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Petrol price According to the Australian Institute of Petroleum the national average retail pump price rose 0.5 cents a litre last week to 124.3 cents a litre – a three... Read more continue reading

Bernie Ripoll withdraws from FPA National Conference

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The Hon Bernie Ripoll MP has unfortunately had to withdraw from presenting at the Financial Planning Association’s (FPA) 2010 National Conference: Your Wavelength. Mr Ripoll was due to discuss the... Read more continue reading

J.P. Morgan completes migration of ANZ custodian business

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J.P. Morgan direct custody offering open for business J.P. Morgan Treasury & Securities Services has today announced it has completed the successful migration of direct and master custody clients from... Read more continue reading

Comparing Aussie companies: facts & fiction

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Company financial statistics In recent weeks investors have no doubt found it difficult to sort fact from fiction in the public discussion about company balance sheets. Some commentators have questioned... Read more continue reading

Urgent action needed on Australia’s retirement savings gap

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The Financial Services Council today released research that shows Australia’s retirement savings gap blew out to $897 billion in 2009, from $695 billion in 2008. John Brogden, CEO of the... Read more continue reading

Weekly market & economic update – November 19 2010

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Headline developments of the past week Worries about Europe’s debt problems and tightening in China were again key issues for investors over the last week, and had the effect of... Read more continue reading

IOOF Licensees Join AFA

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The Association of Financial Advisers (AFA) today confirmed that four licensees, operating as part of Australian Wealth Management, a wholly owned subsidiary of IOOF, have joined as members of the... Read more continue reading

Investing Globally Can Provide Better Opportunities than Domestic Myopia, According to BNY Mellon Asset Management

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Global View Can Aid Investors to Spread Risks and Achieve Better Returns Investing globally has the potential for providing better returns and greater diversity of risk exposure than limiting capital... Read more continue reading

Cyclical recovery in shares remains on track, albeit bumpy

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Key points Share markets and related trades such as commodity prices and commodity currencies have fallen over the last two weeks, partly triggered by worries about the impact of Chinese... Read more continue reading