FSC Statement – Economic growth through a new tax mix

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The Financial Services Council has released a transformational tax reform package designed to grow the economy and reverse Australia’s collapsing competitiveness and flat productivity. The package of growth-enhancing tax reform... Read more continue reading

AMP Capital promotes Andrea McElhinney to Investment Director, Social and Aged Care Infrastructure

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AMP Capital has appointed Andrea McElhinney as Investment Director within its  Social and Aged Care Infrastructure team, based in Sydney. Ms McElhinney will assume responsibility for the day-to-day portfolio management... Read more continue reading

AMG announces investment in Baring Private Equity Asia

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Affiliated Managers Group, Inc., a global asset management company, has acquired an equity interest in Baring Private Equity Asia (“Baring Asia”). Baring Asia’s senior partners will continue to hold a... Read more continue reading

Weekly market update – week ending 15 January, 2015

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Investment markets and key developments over the past week It’s been more of the same over the last week with worries about China, global growth and falling commodity prices led... Read more continue reading

HUB24 reports record inflows for the second quarter

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Accelerating growth in FUA and net inflows HUB24 reports record gross inflows for the second quarter of FY2016 of $403m, taking total FUA to $2.37bn. The growth represented an 89%... Read more continue reading

AMP Bank reduces variable and fixed rate loans

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AMP Bank will reduce interest rates across a number of variable and fixed rate loans for new customers, effective today. The AMP Essential variable rate loan will be reduced by... Read more continue reading

Cheaper airfares; Record home purchases

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Housing finance; Airfares Airfares: In smoothed terms, discount fares fell by 6.1 per cent over the year. But business class airfares rose at a 6.2 per cent annual rate in... Read more continue reading

Superannuation – Focus on savings, not tax: FSC

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The Financial Services Council has urged the Government not to tax Australia’s superannuation savings harder, but instead consider how best to deliver better retirement outcomes to Australia’s lower and middle... Read more continue reading

Unemployment rate at a 26-month low

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Labour force Jobs ease slightly: Employment fell by 1,000 in December after rising by 75,000 in November (previously reported as a rise of 71,400 jobs). Full-time jobs rose by 17,600... Read more continue reading

The Euro area in 2016: Solid growth, low inflation, easier policy

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We expect the recovery to continue in 2016, but growth is unlikely to be strong enough to generate a sustained increase in core inflation. In which case, the ECB is... Read more continue reading