AMP reports A$507 million net profit for 1H 15

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AMP Limited has reported a net profit of A$507 million for the half year to 30 June 2015 [1], up 33 per cent on A$382 million reported for 1H 14.

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21 Aug 2015

The correction in share markets

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Key points Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian

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21 Aug 2015

Weekly market update – week ending 14 August, 2015

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Investment markets and key developments over the past week The past week was volatile as investment markets reacted to China’s move to devalue the Renminbi and make its determination more

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17 Aug 2015

Australian consumer confidence up, but wages growth remains at a record low

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Consumer confidence rose 7.8% in August, more than reversing the hit from the Chinese and Greek turmoil last month. However, at an index reading of 99.5 it remains below its

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13 Aug 2015

Weekly market report – week ending 7 August, 2015

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Investment markets and key developments over the past week It’s been a mixed week for shares with Eurozone and Japanese shares up, but US shares pulling back on some earnings

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10 Aug 2015

Five reasons why the RBA will probably cut interest rates again

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Key points As expected the RBA left interest rates on hold. While it’s a close call, chances are that the RBA will cut rates again before year end reflecting the

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05 Aug 2015

Weekly market update – week ending July 31

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Investment markets and key developments over the past week Share markets had a mixed ride over the last week not helped by renewed weakness in Chinese shares early in the

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03 Aug 2015

AMP Capital to invest $750m in Garden City Shopping Centre redevelopment

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AMP Capital has lodged a development application with the City of Melville for the $750 million redevelopment and expansion of Perth’s iconic Garden City Shopping Centre. Garden City is owned

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03 Aug 2015

New AMP Capital MD announced

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AMP Limited yesterday announced that Adam Tindall will assume the role of Managing Director  AMP Capital, the diversified investment manager, following Stephen Dunne’s upcoming retirement. Adam Tindall is currently AMP

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29 Jul 2015

Weekly market update – week ending 24 July, 2015

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Investment markets and key developments over the past week Share markets mostly fell over the last week weighed down by some weak earnings results for US multinationals, lower commodity prices

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27 Jul 2015