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Capstone joins forces with PictureWealth to form $22bn FUA planning network
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.
Mercer reviews small caps, Aussie equities mandates
Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.
HESTA launches campaign around super tax benefits
The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.
RBA on hold, rate cuts expected
The Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







ASIC are more concerned with things like "culture" and "climate change" rather the bully boy tactics of a rogue organisation. Obviously not sexy enough.
IT SEEMS TO ME THAT THE COMPANIES CAN DO NO WRONG.tHIS WHOLE THING HAS BEEN A SET UP FROM THE START TO REGAIN THE GROUND LOST WHEN LISENSING WAS ESTABLISHED.
Imagine the shock they got when sudenly they found themselves paying commission on every case any one still in the business had ever written for them, when they used to just dismiss us if we did give them the amount of business they thought was enough. AMP was the worst closed shop imaginable. They had keys to agents locked offices. I know one case where the manager of the group entered an agent's locked office, found evidence that he was looking at other companies and when he got back to the office ALL his belongings were out on the front entrance. ASIC was a tired little bunch of public servants then. What is it now?