Aussie tourism in trouble

From

Regional economy Australia’s tourism sector was already in trouble, but it is now set to come under even more pressure from renewed strength of the Aussie dollar. The Australian dollar

continue reading

Charter Hall Direct Property appoints Brendan Cannon as Key Account Manager for WA and QLD

From

Charter Hall Direct Property has appointed Brendan Cannon as its Key Account Manager for Western Australia and Queensland; two of the business’ growth markets. In his new role, Mr Cannon

continue reading

Advisers need more guidance on fixed income investing

From

Half of advisers inaccurately classify term deposits as cash Advisers prefer actively managed fixed interest funds The classification of term deposits as cash by 50% of advisers highlights the need

continue reading

SPAA welcomes new superannuation minister Mr Bill Shorten

From

SPAA looks forward to engaging the new minister on SMSF issues The Self Managed Superannuation Funds Professionals Association (SPAA) has today warmly welcomed the appointment of Mr Bill Shorten MP

continue reading

S&P Assigns Four-Star ‘NEW’ Rating to AXA Emerging Markets Fund

From

Standard & Poor’s Fund Services today assigned its four-star ‘NEW’ rating to the AXA Emerging Markets Fund. The fund is a long-only active equity strategy that was launched on July

continue reading

Chinese economy powers along

From

Chinese economic data The Chinese economy strengthened in August. Production, retail trade, inflation and money supply all grew at a stronger annual rate in August suggesting that authorities will need

continue reading

Lessons for US shares today from Aust in the early 1990s

From

Key points Shares normally go through a tough patch in the second year following a bear market low. This can reflect worries about monetary policy tightening or worries about a

continue reading

AMP Bank drops Basic Variable Rate

From

AMP Bank has reduced its Basic Variable Home Loan interest rate for new customers by 13 basis points to 6.64 per cent per annum, making it one of the most

continue reading

Financial Services Council launches Chief Investment Office Investment Index

From

Chief Investment Officers mildly optimistic about investment outlook The inaugural ‘Financial Services Council Chief Investment Officer Investment Index’ shows Chief Investment Officers (CIOs) are mildly optimistic about the performance of

continue reading

All Star KFM Income Fund meets widespread adviser demand for liquid income; restructuring under mandate provides an attractive 25% price reduction

From

Kate Mulligan, Managing Director of All Star Funds, has announced today a fee reduction of 25% to the All Star KFM Income Fund due to its restructuring under investment mandate

continue reading