AMP Advice teams up with Striver to welcome next generation of advisers

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AMP has partnered with advice community and careers technology platform Striver for its annual Brimstone event series, to be held in Sydney next week. Now in its second year, Brimstone

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North focuses on customisation and flexibility with several new additions

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North, one of Australia’s leading wrap investment platforms, is pleased to announce it has expanded its range of customisation options for managed portfolios, giving advisers more flexibility over the assets

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Weekly economic and market update – week ending 29 August, 2024

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Investment markets and key developments Share markets were mixed over the last week. The US S&P 500 fell on the back of weaker tech stocks as Nvidia’s earnings results beat

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Will house prices crash? And what’s needed to fix housing affordability

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Key points Predictions of an Australian house price crash create lots of interest but have been a dime a dozen over the last 20 yrs. However, there is more to

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Why super and growth assets like shares really are long term investments

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Key points While growth assets like shares go through bouts of short-term underperformance versus bonds and cash, they provide superior long-term returns. So, it makes sense that superannuation has a

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Weekly economic and market update – week ending 16 August, 2024

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Investment markets and key developments Share markets continued their recovery over the last week helped along by expectations that “Goldilocks” conditions will prevail, with a further slowing in US inflation

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Seven key charts for investors to keep an eye on – where are they now?

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Key points Shares have hit a rough patch since recent highs with concerns about the growth outlook. We remain upbeat on a 12-month view as falling inflation allows rate cuts

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Weekly economic and market update, week ending 9 August, 2024

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Investment markets and key developments Following a bad start to the week on worries about a US recession made worse by investors rushing to unwind risky positions in response including

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AMP announces 1H 24 results

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Overview Underlying Net Profit After Tax (NPAT) up 5.4% to $118 million (1H 23: $112 million) AMP Bank underlying NPAT of $35 million (1H 23: $57 million), reflecting previously flagged

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Weekly economic and market update, week ending 2 August, 2024

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Investment markets and key developments Risk off with shares down again, bond yields down, commodity prices down and the $A down. Shares got a boost mid-week from firming expectations for

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