Home loans slump to decade lows

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Housing finance; Weekly Petrol Price; New Car Sales The number of new owner-occupier housing loans fell by 1.5 per cent to 44,968 new commitments –marking the lowest result since March 2001. The number of loans is 5.0 per cent lower than a year ago Loans for the purchase of newly erected dwelling rose by 2.4

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CommSec Economic Insights: Fruit prices plunge; Manufacturing shrinks; $A soars

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Weekly petrol prices; TD Securities monthly inflation gauge Inflationary pressures ease. The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.3 per cent in April or 3.6 per cent over the year. The trimmed mean (underlying rate) rose by 0.2 per cent in April with the annual rate easing to a seven-month low of 2.3 per cent.

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S&P Fund Services Rates North Protected Retirement Guarantee As 'Strong'

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S&P Fund Services has assigned its ‘Strong’ rating to the North Protected Retirement Guarantee (PRG). The rating reflects our view that the product is the superior guaranteed minimum withdrawal benefit for life (GMWB for Life) product in the market. “In our view, PRG is superior to competing GMWB for Life products in the domestic market.

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Lloyds International: A global perspective on the local economy

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Lloyds chief economist on inflation, interest rates and the outlook for the Australian economy x The Australian economy will continue to grow rapidly in 2011 buoyed by the continuing resources boom but is expected to slow in the second half of 2012 as monetary policy is tightened, according to Lloyds TSB Corporate Markets chief economist

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Investor Signposts: Week Beginning April 10 2011

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Upcoming economic and financial market events  The big picture One of the sleeper issues at present is population growth. The latest data showed that Australia’s population grew by 1.6 per cent in the year to September, the slowest growth rate in four years and well down from the peak growth (40-year high) of 2.2 per cent

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More to risk than market volatility

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Ongoing concerns by investors about market volatility may mean they are ignoring other critical investment risks which can have a major impact on their retirement income, says Mr Cameron Dickman, head of retail at Australian Unity Investments. “The global financial crisis has focused investor attention on one kind of risk, market risk – the risk

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Lonsec releases its Large Cap Australian Equity Sector Review

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Lonsec’s review of the Large Cap Australian Equity Fund sector encompassed 36 active funds within the peer group considered “mainstream” funds. Of these, 10 attained Lonsec’s top rating, Highly Recommended, including the Integrity Australian Share Fund, Ausbil Australian Active Equity Fund and Solaris Core Australian Equity Fund. Five new funds were added to Lonsec’s Large

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Rising oil prices – what is the tipping point for growth?

Key points Global oil prices remain under upward pressure from turmoil in the Middle East and North Africa. This will dampen global growth and add to the financial pressure on Australian households. The global and Australian economies and share markets can probably live with current oil price levels. However, a sustained sharp rise in the

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Key Global Investor Themes for Next 12 – 18 Months

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Chinese inflation – should lead to a lower $A Emerging markets inflation European debt woes not really resolved US economy may surprise on the upside, largely due US multinationals International equity fund manager, Insync Funds Management, considers the key global investor themes of 2011-2012: China – we believe inflation in China will emerge as a

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What to look for now in global equities

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As the world keeps changing, so does the way you should look for investment opportunities around the globe. You do not always have to invest directly in emerging markets to take advantage of opportunities within them, says one of the world’s largest fund managers. “I am cautiously optimistic about the prospects for global equities,” says

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