AMP and Bendigo Bank form strategic alliance

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AMP Financial Services and Bendigo Bank today announced a strategic alliance to deliver tailored AMP life insurance solutions to the bank’s 1.35 million retail customers across Australia. From October this... Read more continue reading

Healthy trade; petrol prices to creep higher

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International trade; Job advertisements; Petrol price The trade surplus widened in August. The trade surplus rose by $603 million to $2,346 million. Exports fell by 2.4 per cent while imports... Read more continue reading

AMP Capital exits joint venture with Meridien Retirement Living

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AMP Capital Investors today announced it has exited its joint venture with Meridien Retirement Living. The joint venture AMP Capital Meridien, established in 2007, comprised 25 retirement villages in Australia.... Read more continue reading

Good inflation data to cheer Reserve Bank

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Inflation gauge The TD Securities-Melbourne Institute monthly inflation gauge rose by just 0.05 per cent in September – the lowest increase in 11 months – after lifting 0.2 per cent... Read more continue reading

Housing slowdown may delay rate hike

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Trends in housing The release of the building approvals and home price data is an opportune time to focus on the latest trends in the housing market. Dwelling approvals, new... Read more continue reading

Investor Signposts: Week Beginning October 3 2010

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The big picture Next week the Reserve Bank is widely expected to lift interest rates. Interestingly if you go back just over a fortnight ago no major forecaster was expecting... Read more continue reading

BT Super for Life tops $1 billion and saves customers $10 million in fees

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BT‟s multi-award winning super fund, BT Super for Life, has reached its first billion dollars in funds under management – proving Australians are eager to engage with their super via... Read more continue reading

Weekly market and economic update – 01 October 2010

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Headline developments of the past week Concerns about problems in Europe returned to the fore over the last week with Moody’s downgrading Spain’s credit rating, ongoing issues regarding Irish banks,... Read more continue reading

Manufacturing contracts to nine-month lows

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Performance of Manufacturing The Performance of Manufacturing index fell by 4.4 points in September to a nine-month low of 47.3.  Any reading below 50 means the manufacturing sector is contracting.... Read more continue reading

Responsible Entity licensing needs review – not just financial requirements

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While the release of a consultation paper on financial requirements for Responsible Entities by ASIC yesterday (September 30) is a positive step, more needs to be looked at to protect... Read more continue reading