Stronger Aussie dollar curbs trade surplus

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International trade; New car sales Trade surplus: The trade narrowed from $2,024 million to $856 million in June. The rolling 12-month surplus rose from $8.9 billion to $12.7 billion (biggest... Read more continue reading

Legg Mason Inc. announces positive results for the quarter

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Legg Mason, Inc. (NYSE: LM), one of world’s largest funds management groups, has reported its operating results for the first fiscal quarter 2018. The Company reported net income of US$50.9... Read more continue reading

The break higher in the Australian dollar is likely to be limited – this is not 2007 all over again!

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Key points The $A has been pushed higher lately by a weaker $US, a rebound in commodity prices and technical considerations. The rising $A is a significant risk for the... Read more continue reading

ASIC targets unlicensed binary option mobile apps

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In March 2017, ASIC conducted a review of various mobile app stores focusing on apps associated with binary options trading. The review highlighted over 330 apps which were offered to... Read more continue reading

Builders again embrace houses

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Building approvals Dwelling approvals: Approvals by local councils to build new homes rose by 10.9 per cent in June after falling by 5.4 per cent in May. House approvals rose... Read more continue reading

OC added to FirstWrap, Macquarie Wrap

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Small and micro-cap Australian equities manager, OC Funds Management, has announced its micro-cap fund has been included on FirstWrap and Macquarie Wrap (Super). The OC Micro-Cap Fund aims to deliver... Read more continue reading

Central banks pull victory back from the edge, says Principal Global Investors

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What a difference a year makes “Last summer, developed market government bond yields collapsed. The U.S. ten-year Treasury yield dropped to 1.35% in early July, and the ten-year German bund... Read more continue reading

PPS Mutual’s life insurance allows professionals cover to keep pace with real earnings

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With the earnings of professionals rising at a faster pace than overall inflation, PPS Mutual has indexed its policy benefits against a realistic, proprietary measure of professional earnings growth. The... Read more continue reading

Centuria in largest industrial leasing deal of 2017

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Centuria Property Funds yesterday announced two key leasing deals for its listed industrial trust, Centuria Industrial REIT (ASX: CIP). The trust has renewed leases with AWH, Australia’s largest wool-handling operation,... Read more continue reading

ASIC reports on Australian bank audits following Wells Fargo misconduct

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ASIC yesterday outlined the results of audits conducted by eight banks in Australia following the regulatory action taken in the United States against Wells Fargo Bank, N.A. (Wells Fargo) in... Read more continue reading