Hybrids remain attractive alternative for income generation

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Hybrids have been a popular choice for many investors over the last decade, producing returns that have been slightly less than equity markets, but with much lower risk. Hybrids are... Read more continue reading

House approvals scale new heights

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Building approvals; Business indicators; Balance of Payments; Government finance What happened: Total council approvals to build new houses rose by 3.4 per cent to record highs. Implications: Demand for building... Read more continue reading

Magellan FuturePay (FPAY) launches on Chi-X Australia

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Chi-X Australia (“Chi-X”) is pleased to welcome the newly launched Magellan FuturePay (Managed Fund) (“FuturePay”, Chi-X symbol ‘FPAY’), issued by Magellan Asset Management (“Magellan”), to its growing suite of Chi-X... Read more continue reading

Are you experienced? (Apologies to Jimi Hendrix)

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While continuing to acknowledge a more positive outlook as far as growth and employment are concerned, the absence of any “lived experience” of price or wage inflation will likely see... Read more continue reading

A New IOOF: MLC acquisition completes

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IOOF Holdings Ltd (IOOF) is pleased to announce the completion of the acquisition of MLC Wealth (MLC) from National Australia Bank Limited (NAB) with effect from 11:59pm on 31 May... Read more continue reading

CountPlus announces investment in Wealth Axis

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CountPlus Limited (CountPlus) has announced a 51% investment in Wealth Axis, a boutique provider of paraplanning, technology and administration support services to financial planning firms across Australia. The acquisition enhances... Read more continue reading

Oil price hits 2-year high

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Private sector credit; Weekly oil market; Inflation gauge; China data What happened? Last week global crude oil prices rose by over 4 per cent to the highest levels in more... Read more continue reading

Weekly market update – week ending 28 may, 2021

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Investment markets and key developments over the past week Global share markets rebounded over the last week as inflation fears faded a bit and economic data indicated that the recovery... Read more continue reading

Strength in numbers: FPA’s national roadshows support members with advocacy and new risk advice guidance

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The Financial Planning Association of Australia (FPA) has almost rounded off its national roadshows, actively supporting the profession to manage evolving legislation including the launch of new guidance on providing... Read more continue reading

Further work needed on draft Your Future, Your Super regulations

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The Actuaries Institute has welcomed the federal Government’s draft Your Future, Your Super reforms, but warns there are fundamental problems with some of the key proposed regulations, including the test... Read more continue reading