Sydney petrol prices surge; Home sales rebound

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Weekly Petrol Prices; Tourism; Credit/debit cards; Home sales; COVID-19 survey Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 0.1 cent... Read more continue reading

Cheap online broking platforms will continue to grow, disrupt large players in the ‘new COVID era’

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The effect of COVID-19 enhanced trading volumes by retail investors combined with a structural shift in the Australian online broking markets has led to smaller broking platforms like SelfWealth outperform larger... Read more continue reading

Weekly market update – week ending 10 July, 2020

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Investment markets and key developments over the past week Share markets were mixed over the last week as investors were torn between rising coronavirus cases and US/China tensions on the... Read more continue reading

Praemium’s takeover offer recommended by Powerwrap board

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Praemium Limited [ASX: PPS], a global provider of technology platforms for managed accounts, investment administration and financial planning, has announced the launch of a $55.6 million cash-and-scrip takeover offer for... Read more continue reading

ASX is extending temporary emergency capital raising relief to 30 November 2020

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On 31 March 2020,  ASX introduced temporary emergency capital raising measures (by way of class waivers) to help listed entities affected by the COVID-19 pandemic to raise urgently needed capital.... Read more continue reading

DomaCom acquires first property for newly-launched Rent-to-Own product

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Fractional investment platform provider DomaCom Limited is pleased to announce that the first property for its innovative new Rent-to-Own product has been acquired in the Melbourne suburb of Moonee Ponds.... Read more continue reading

Metrics Credit Partners Funds assigned ‘Superior’ rating

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Australia Ratings Analytics (Australia Ratings) has assigned a ‘Superior’ investment rating to two Trusts managed by Metrics Credit Partners Pty Ltd (Metrics). Both, the MCP Master Income Trust (MXT) and... Read more continue reading

Skilled migration from Hong Kong will be critical to bridge Australia’s talent gap

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The government’s announcement today that it will establish a targeted regime aimed at attracting skilled migrants and entrepreneurs from Hong Kong will provide a critical boost to bridging the talent... Read more continue reading

It’s a long way from here to full employment- the RBA is happy with progress but it’s still early days

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The RBA hasn’t purchased any bonds since early May. This means that so far it has ‘only’ bought roughly $50B of government bonds – far fewer than initially expected –... Read more continue reading

Investment platform switching on the rise: 2020 Planner Technology Report

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Leading research firm Investment Trends has released its 2020 Planner Technology Report, an in-depth study of Australian financial planners and their technology needs. Key highlights: Investment platform switching is on... Read more continue reading