Weekly market update – week ending 13 September, 2019

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Investment markets and key developments over the past week The good news continued over the last week with the US and China trading goodwill gestures on the trade war front, signs of a de-escalation of tensions with Iran and the ECB announcing a broad-based monetary easing. This saw share markets have another week of solid […]

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Australian house prices back from the abyss – seven things you need to know about the Australian property market

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Key points The Australian housing market remains far more complicated than optimists & doomsters portray it to be. Yes, it’s expensive and heavily indebted but talk of mortgage stress is overstated & it’s been undersupplied. The combination of rate cuts, the election and a modest regulatory relaxation have helped turn property prices back up, but […]

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Weekly market update – week ending 6 September, 2019

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Investment markets and key developments over the past week Good news week! It certainly seemed that way for financial markets with a lot of relatively small positives – the US and China indicating that face to face trade war talks will start again next month, Hong Kong withdrawing the extradition bill, the UK parliament standing […]

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Nine reasons why recession remains unlikely in Australia

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Key points Australian growth is likely to remain weak over the next year. Expect further monetary & fiscal stimulus. However, while the risks have gone up, recession remains unlikely: tax cuts should help growth in the current half year; the threat from falling property prices has receded; infrastructure spending is booming; the low $A is […]

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AMP continues to invest in risk management, appointing a dedicated Group Whistleblowing Officer

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AMP Limited has appointed Anne-Marie Paterson as its Group Whistleblowing Officer as it invests $100 million (pre tax) over two years above usual investment to further strengthen its risk, governance and controls. Ms Paterson is a senior legal practitioner who has joined AMP from CBA where she was the Executive Manager and Whistleblower Investigation Officer. […]

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Weekly market update – week ending 30 August, 2019

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Investment markets and key developments over the past week The past week saw share markets boosted by renewed hopes for US-China trade talks helped by a conciliatory approach from China. This saw US and Eurozone shares rise and Japanese and Chinese shares recover from earlier declines. Australian shares fell sharply early in the week but […]

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Standing up for the future of advice

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AMP Australian Wealth Management CEO Alex Wade discusses how the wealth management industry needs to step up to help Australians fund the future they deserve. If AMP doesn’t step up and lead with a solution for Australians to get the advice they need to protect and grow their wealth, who will? With a relatively small […]

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Weekly market update – week ending 23 August, 2019

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Investment markets and key developments over the past week The past week saw a roller coaster ride in share markets with sharp falls after China responded to Trump’s latest tariffs by letting the Renminbi fall in value and ordering state owned enterprises to halt agricultural imports from the US and the US responded by labelling […]

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Pensioners set to get a pay rise

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AMP research has found part-pensioners could receive a lump sum payment of up to $178 for singles and $234 for couples when the federal government’s deeming rate changes come into effect next month. The deeming cut is the first since 2015 and was announced earlier this year. It will be backdated to 1 July meaning eligible part-pensioners […]

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Weekly market update – week ending 16 August, 2019

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Investment markets and key developments over the past week The past week saw share markets remain under pressure as the trade war rolled and Chinese and German economic data was weak leading to an intensification of global growth fears particularly after declining US bond yields saw a further inversion in the US yield curve. While […]

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