Weekly market update – week ending 9 September, 2016

From

Investment markets and key developments over the past week Global share markets were mostly up over the last week but Australian shares fell slightly. Mixed US data, the ongoing soap... Read more continue reading

ECP Asset Management secures third institutional mandate and appoints sixth member to the investment team

From

Manny Pohl’s ECP Asset Management (ECPAM) has secured its third institutional mandate from wholesale superannuation funds, and appointed Sam Byrnes to the newly created role of investment analyst. Mr Byrnes... Read more continue reading

Are you ready to take your advice practice beyond the horizon?

From

I’d love to see you and welcome you to fascinating Canberra, our nation’s capital for the AFA 2016 National Adviser Conference, the jewel in the crown for the AFA – October... Read more continue reading

An investment only a mother could love: the case for natural resource equities

From

Jeremy Grantham from GMO has written extensively about the long-term prospects for natural resources, but there are advantages to commodity investing beyond potential commodity price appreciation, including diversification and inflation... Read more continue reading

Blue Sky makes another play for New York property

From

Cove Property Group (Cove), a joint venture between Blue Sky Alternative Investments and US property investors led by Kevin Hoo, has signed an agreement to acquire its second asset, an... Read more continue reading

Westpac refunds $20 million in credit card foreign transaction fees, as ASIC warns consumers on foreign transaction fees for Australian dollar transactions

From

Westpac Banking Corporation (Westpac) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following... Read more continue reading

Government changes get green light from SMSF Association

From

The SMSF Association welcomes many elements of the Government’s first tranche of superannuation reforms, believing it will give the system a much-needed confidence boost and provide greater flexibility, fairness and... Read more continue reading

Happy 25th birthday Australian economy

From

National accounts Record expansion: The Australian economy has just completed 25 consecutive years of economic growth. The last recession ended in June 1991. Solid growth: The economy grew by 0.5... Read more continue reading

ECB preview – More easing expected in December

From

Baseline We expect the European Central Bank (ECB) to leave policy unchanged at the 8 September Governing Council meeting. We do, however, expect it to ease at the 12 December... Read more continue reading

All eyes on ABS housing finance data: PIPA chair Ben Kingsley urges regulators to move cautiously

From

The release tomorrow of Housing Finance data for July by the Australian Bureau of Statistics (ABS) will be an important economic indicator for the Reserve Bank of Australia (RBA) and... Read more continue reading