Widening gap between income & spending

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Household income, wealth & expenditure Rich Australia: The Bureau of Statistics (ABS) has released a barrage covering the finances and spending patterns of Aussie families. Wealth continues to soar –... Read more continue reading

Alleron’s Australian Eagle Trust Long Short Fund has added 5.3% in August after fees

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Alleron’s Australian Eagle Trust Long Short Fund added +5.3% in August 2017 after all fees. For the first 2 months of this financial year the fund is up approximately +3.5%... Read more continue reading

State Street appoints new Head of SPDR ETFs for Australia

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State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT), announced today the appointment of Meaghan Victor to head of SPDR ETFs in Australia. Meaghan... Read more continue reading

Real estate sentiment at 44-year low

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Consumer Confidence Consumer confidence: The Westpac/Melbourne Institute survey of consumer sentiment rose by 2.5 per cent to a 4-month high of 97.9 in September. The confidence index is down 4.4... Read more continue reading

Recruitment choices can affect your compliance

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Employing someone with a conviction or bankruptcy can jeopardise compliance with an Australian Financial Services (AFS) licensee’s obligations. ASIC can ban any person it considers to not be of ‘good... Read more continue reading

DomaCom poised to introduce Equity Release product following ASIC notification

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Fractional property investment company DomaCom (ASX:DCL) announces the receipt from ASIC  of a decision in principle to approve the relief that will  allow the delivery of its innovative Senior Equity... Read more continue reading

AMP partners with US advice business United Capital

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AMP Limited has formalised a partnership with US advice business United Capital, signing an agreement to collaborate as AMP develops its new wealth management operating system. United Capital is one... Read more continue reading

Applications for crowd-funding licences open 29 September 2017

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From 29 September 2017, the new crowd-sourced funding (CSF) regime will come into effect and ASIC will begin accepting licence applications from CSF intermediaries. Under the CSF regime, eligible public... Read more continue reading

Doing Well by Doing Good – Australia’s Bendigo and Adelaide Bank ranked tops globally by FORTUNE

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The FORTUNE Annual “Change the World” List of Companies That Are Doing Well By Doing Good has been released, with Bendigo and Adelaide Bank ranked the top Australian company. FORTUNE’s... Read more continue reading

Ardea strengthens successful team with appointments

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Fixed income specialist Ardea Investment Management has appointed experienced investment professional Gopi Karunakaran as Portfolio Manager, Fixed Income Strategies. This appointment allows Ardea to increase capacity and further strengthen a... Read more continue reading