Higher Aussie to soften petrol pump pain

From

Petrol Prices; Used vehicle market; Household survey Fuel prices: Last week the national average price of unleaded petrol rose by 2.2 cents a litre to 131.2 cents per litre (c/l)... Read more continue reading

Weekly market update – week ending 19 February, 2021

From

While Japanese shares rose over the last week, US, European and Chinese shares fell on concerns about the impact of rising bond yields on equity market valuations, particularly for high... Read more continue reading

Heritage engages EY to help deliver its Open Banking solution

From

Heritage Bank has announced it will team up with leading professional services organisation Ernst & Young Australia (EY) to deploy a new Open Banking solution that will unlock opportunities for... Read more continue reading

Nuveen to acquire clean energy financing leader Greenworks Lending

From

Nuveen, a leading global investment manager, has agreed to acquire Greenworks Lending, a national leader in Commercial Property Assessed Clean Energy (C-PACE) financing. The acquisition gives Nuveen a foothold in... Read more continue reading

FASEA update: Helping advisers prepare for the exam

From

With five Exam sittings remaining for existing advisers to sit and pass the exam, FASEA draws advisers’ attention to support and materials available to assist their exam preparation. Pre-exam webinar... Read more continue reading

Iress chair succession

From

Iress has announced that Iress chair Tony D’Aloisio will step down as director and chair of the Iress Board at the conclusion of the company’s Annual General Meeting on 6... Read more continue reading

Structural and cyclical influences driving focus on rising inflation

From

The following are some comments from Steve Miller, an adviser at GSFM, on inflation and bond yields. He also looks at the minutes from the Federal Open Market Committee (FOMC)... Read more continue reading

Count Financial grows national advice network with three new firms

From

Count Financial Limited (Count Financial) has announced that three new firms have joined its national network of advice businesses. Sydney-based advice firms Plan Protect and YS Financial Planning join Financial... Read more continue reading

Female underemployment rate hits 7-year low 

From

Labour force Employment rose by 29,100 in January (consensus: +30,000) after increasing by 50,000 jobs in December. Full-time jobs rose by 59,000, but part-time jobs fell by 29,800. The unemployment... Read more continue reading

New duty of care proposal ‘no cause for concern’ for SMSF trustees

From

The self-managed super fund (SMSF) sector has no grounds for concern about the proposed introduction of a new duty requiring all superannuation fund trustees, including SMSF trustees, to act in the... Read more continue reading