Year in review – Year in preview

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Economic and financial perspectives Record expansion: Australia’s record economic expansion is now in its 29th year. Interest rates have fallen to fresh record lows; wages are growing near 2.2 per... Read more continue reading

ASIC updates responsible lending guidance

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ASIC has published updated guidance on the responsible lending obligations that are contained in the National Consumer Credit Protection Act 2019 (the National Credit Act). Following an extensive consultation, ASIC has... Read more continue reading

DNR Capital Australian Emerging Companies Fund added to six leading platforms

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DNR Capital, a leading fund manager, has announced that its Australian Emerging Companies Fund is now available to financial advisers via BT Wrap, BT Panorama, Macquarie Wrap, Netwealth, HUB24, and... Read more continue reading

Calastone builds scale for reporting solution with the addition of OneVue

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Calastone, the largest global funds network, continues to enhance the benefits of automation across Australia’s managed funds sector as industry participation for its Reporting solution grows. Australia’s largest registry provider,... Read more continue reading

Weekly market update – week ending 6 December, 2019

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Investment markets and key developments over the past week Share markets were mixed over the last week with falls in the US and Europe on trade war fears and mixed... Read more continue reading

AMP to phase out ongoing advice agreements; introduces annual agreements

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AMP has announced it will introduce annual agreements for clients who currently receive ongoing financial advice. The new system will be introduced during 2020, while ongoing advice agreements will be... Read more continue reading

Resimac moves to exclusively its own funding

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Resimac has announced that it will discontinue its Resimac MoniPower and Resimac Accelerate products for new business, effective from 1 January 2020. The change means the leading non-bank mortgage provider... Read more continue reading

Frugal Aussies are making the hard choices

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Perspectives on spending Consumer trends: We are travelling less, buying fewer cars, spending more on insurance and winning the battle on high electricity and gas budgets. But we are using... Read more continue reading

Review of 2019, outlook for 2020 – the beat goes on

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Key points 2019 saw growth slow, recession fears increase and the US trade wars ramp up, but solid investment returns as monetary policy eased, bond yields fell and demand for... Read more continue reading

BennBridge boutique Skerryvore makes senior appointments

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BennBridge boutique Skerryvore Asset Management has appointed six senior executives to join its newly established emerging markets business. Stephen Deane, Nicholas Cowley, Ian Tabberer, Michael Cahoon and Ronan Kelleher join... Read more continue reading