Faster net speeds and more mobile activity benefit business

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Australians are downloading more data on their mobile phones and are accessing the internet at faster speeds, which will benefit all businesses using the internet, according to FinaMetrica, an Australian business selling its online risk-profiling solution globally. Data released today from the Australian Bureau of Statistics (ABS) reveal mobile wireless is now the most prevalent

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ANZ Wealth joins Monash-CSIRO Super Research Cluster

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The pre-eminent retirement incomes research organisation, the CSIRO-Monash University Superannuation Cluster, has secured another significant private sector backer with the decision by ANZ Wealth to join its ranks. ANZ Wealth will join five other organisations as the key supporters of the $9 million research project that brings together academics from four universities, Monash, Warwick, Griffith and

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Trash to treasure, three companies making it big from garbage

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Would you withdraw money from an ATM and then bin it? Have you bought batteries from the shops and then immediately throw them away? As absurd as this sounds, we as a nation do this every day. According to the Australian Bureau of Statistics, we send 46% or 24.9 million tonnes of waste to landfills

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Largest jobs gains on record… apparently

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Labour force; Chinese inflation Jobs gains: Employment rose by a record high 121,000 in August after falling by a revised 4,100 in July (previously reported as a 300 fall in jobs). Full-time jobs rose by 14,300 in August after rising by 15,400 in July. Part-time jobs rose by 106,700 in August after falling by 4,100 in

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Software investment hits record $3.26 billion

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Australian businesses invested a record $3.26 billion in software in the second quarter of 2014, reflecting the rising importance of information technology to the economy overall and to the financial services sector in particular, according Paul Resnik, Co-Founder of FinaMetrica, a software provider for the wealth management industry. Second-quarter Australian National Accounts data from the

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Stop thief! That’s my identity

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Identity theft is a multi-billion dollar problem – and growing. To the extent that financial advisers help guide their clients in protecting against risks, the topic of identity theft is arguably one that advisers can credibly discuss, and not just because financial product communications are often targeted by those by criminal intent. Stories like this

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Australian businesses rake in record $246.4bn from internet

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Australian businesses earned a record $246.4 billion from internet sales in 2012-13, up from $237.1 billion in 2011-12, reflecting the rising importance of  e-commerce to economic activity, according to Paul Resnik, co-founder of FinaMetrica, an Australian software business which draws all its revenue from internet sales. The report from the Australian Bureau of Statistics (ABS),

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Australian software spending strikes record $3.19 billion as efficiencies sought

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Australian businesses invested a record $3.19 billion in software in the first quarter of 2014 as they sought efficiency gains, while productivity inched ahead, according to gross domestic product statistics released yesterday by the Australian Bureau of Statistics.   Reflecting the rising importance of technology within the economy, the seasonally adjusted private computer software spend

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Faster net speed boosts efficiency of financial service businesses

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Australians are accessing the internet at higher speeds, helping to improve the efficiency of online financial services businesses, according to FinaMetrica, an  Australian business that has won a high profile international award for its online solution which assesses the risk tolerance of investors. Data released this week from the Australian Bureau of Statistics (ABS) reveal there

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Super Guarantee hike leads to record $15.57 billion in employer super contributions

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Software spending strikes fresh high as Australian businesses update technology Employers paid a record $15.57 billion into employees’ superannuation accounts in the third quarter of 2013, reflecting the rise in the Superannuation Guarantee to 9.25%, according to gross domestic product (GDP) statistics released today by the Australian Bureau of Statistics (ABS). The data also showed

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