Weekly market update – week ending 1 May, 2020

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Investment markets and key developments over the past week Despite sharp falls late in the week, share markets rose over the past week as whole as news of an easing... Read more continue reading

AMP and AFL Players’ Association extend superannuation partnership

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AMP and the AFL Players’ Association (AFLPA) has announced an extension of their 20-year partnership to provide AFL players with default superannuation. The re-appointment follows a comprehensive review process commissioned... Read more continue reading

Home sales hit 29-year lows – accommodation costs fall the most in 18 years

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Home sales hit 29-year lows Accommodation costs fall the most in 18 years Home prices; Producer prices; Manufacturing; COVID-19 impact on households Home prices: The CoreLogic Home Value Index of national home... Read more continue reading

Colonial First State data reveals financial adviser hot topics

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CFS’ team of technical superannuation experts is helping ensure advisers are ready to help members, for whom early access under the Government’s package will provide much needed funds to help... Read more continue reading

Income returns – the increasing importance of capital structures

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In the current market, many income investments are no longer offering the safe haven and downside protection they once did. Investors, of all sorts, need to revisit and better understand... Read more continue reading

T. Rowe Price to lower fees for flagship Global Equity Fund

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T. Rowe Price has announced a lower local fee structure for its flagship Australian Unit Trust (AUT) – Global Equity Fund (I Class), ahead of the local regulatory change to... Read more continue reading

ETF market records third best quarter on record amid COVID chaos

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The Australian Exchange Traded Fund (ETF) market weathered the storm in the first quarter of 2020, attracting a total of $3.8b in new inflows, making it the third strongest quarter... Read more continue reading

Biggest lift in business loans in 32 years

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Private sector credit; Export/import prices; China data Lending: Private sector credit (effectively outstanding loans) rose by 1.1 per cent in March after rising by 0.4 per cent in February. Annual... Read more continue reading

AFA responds to claims by Maurice Blackburn

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On Tuesday 21 April 2020, APRA and ASIC released their latest report on life insurance claims and disputes for the 2019 year. This is an important report that contains a... Read more continue reading

Financial planners asked to nominate their local charities for 2020 Future2 Foundation grants

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The Future2 Foundation, the philanthropic arm of the Financial Planning Association of Australia (FPA), has opened applications for its 2020 Make the Difference! Grants program that supports young Australians aged 12 to... Read more continue reading