Near-record business confidence: Business survey

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Business survey; Consumer confidence; Household survey; Credit/debit cards The NAB business confidence index rose by 11.2 points to 20.8 points in October – the second highest result on record. Business... Read more continue reading

Emerging strong on shifting sands – PwC Major Banks Analysis

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Key points Cash earnings returned to pre-pandemic levels at $26.8b (from $17.4b last year), return on equity recovered to 9.9%. Adjustments to credit provisions provided a net benefit of $0.8b... Read more continue reading

Citi Australia appointed as strategic partner by BetaShares

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Citi Australia has announced it had been appointed by leading Australian fund manager BetaShares as their provider of Custody and Fund Administration services. The strategic partnership comes at a time... Read more continue reading

Specialist advisers have key role to play in preventing scams

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SMSF specialist advisers can play a critical role in assisting trustees and self-directed investors avoid cybercrime and investment scams. SMSF Association CEO John Maroney says: “Scams Awareness Week, which launched... Read more continue reading

ETF Securities’ TECH ETF ‘Highly Recommended’ by Lonsec

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ETF Securities’ ETFS Morningstar Global Technology ETF (ASX Code: TECH) has been upgraded to ‘Highly Recommended’ by Lonsec. Lonsec says the fund is an efficient way for investors to gain... Read more continue reading

Mirae Asset strengthens Australian team with key appointments

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Mirae Asset Global Investments, a leading global investment manager with over $284 billion in assets under management[1], has expanded its team in Australia to bolster its local presence. This follows... Read more continue reading

ASIC releases guidance and examples on records of advice

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ASIC has released an information sheet on records of advice (ROA) and three ROA examples to provide clarity to financial advisers and advice licensees on their obligations when using ROAs... Read more continue reading

Natixis Investment Managers announces two senior appointments

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Natixis Investment Managers (Natixis IM) one of the world’s largest asset managers with more than US$1.4 trillion in AUM, has appointed Melanie Robinson as Global Head of Customer Experience and... Read more continue reading

Wealthwise targets growth with Complete transaction

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AZ NGA-backed professional advisory firm, Wealthwise has ramped up expansion plans with the acquisition of boutique financial advice practice, Complete Financial Solutions. The transaction, which is the tenth deal for... Read more continue reading

Stephen Miller on the Fed, the RBA and the BoE

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FOMC announces taper Fed Chair “patient” on policy rate increase but will act if necessary. Inflation still “largely” seen as transitory but the FOMC Statement indicates less certainty on that.... Read more continue reading