Consumers display caution

From

Dwelling starts at six-year Consumer sentiment; New car sales; Dwelling starts The Westpac/Melbourne Institute index of consumer confidence eased in the latest month. The index fell by 5.0 per cent... Read more continue reading

Russell adds three directors to global alternatives team

From

Expansion continues with the appointment of industry experts in hedge funds, private equity and operational due diligence. As part of ongoing efforts to deepen its global capabilities and resources in... Read more continue reading

INGIM further strengthens wholesale capabilities with new appointments

From

Key distribution hire in northern region Push into adviser and platform sector continues ING Investment Management (INGIM) Australia has continued to expand its push into the wholesale intermediary market with... Read more continue reading

Businesses hopeful; Farmers rejoice; Cash is still king

From

NAB business survey; ABARE Crop Report; Consumer finances Business confidence is up; conditions are down. According to the NAB business survey, the business confidence index rose from +2.4 in July... Read more continue reading

ASIC reaches sixth Westpoint settlement

From

ASIC has reached an agreement to settle its actions against Barzen Pty Ltd (formerly Dukes Financial Services Pty Ltd) and Mr Joseph Dukes (collectively ‘Dukes’), for $1 million. This settlement... Read more continue reading

More joy for motorists; Construction loans slump

From

Lending finance; Petrol price; Credit/debit cards The Australian Institute of Petroleum reports that the average Australian petrol price fell by 2.2 cents last week. Over the past fortnight prices have... Read more continue reading

Aussie tourism in trouble

From

Regional economy Australia’s tourism sector was already in trouble, but it is now set to come under even more pressure from renewed strength of the Aussie dollar. The Australian dollar... Read more continue reading

Charter Hall Direct Property appoints Brendan Cannon as Key Account Manager for WA and QLD

From

Charter Hall Direct Property has appointed Brendan Cannon as its Key Account Manager for Western Australia and Queensland; two of the business’ growth markets. In his new role, Mr Cannon... Read more continue reading

Advisers need more guidance on fixed income investing

From

Half of advisers inaccurately classify term deposits as cash Advisers prefer actively managed fixed interest funds The classification of term deposits as cash by 50% of advisers highlights the need... Read more continue reading

SPAA welcomes new superannuation minister Mr Bill Shorten

From

SPAA looks forward to engaging the new minister on SMSF issues The Self Managed Superannuation Funds Professionals Association (SPAA) has today warmly welcomed the appointment of Mr Bill Shorten MP... Read more continue reading