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Economics

Daily economic round-up

BY PETER BELL | WEDNESDAY, 14 FEB 2007 12:43PM

National Australia Bank's Monthly Business Survey for January has shown that business conditions rose by 6 points to a score of +17 as a result of an 8 point increase in the profitability index, which is now at a new record high of +19.

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Editor's Choice

ASX launches first Australian bond and credit index futures

VINNY VUCAGO

ASX has launched Australia's first exchange traded bond and credit index futures, giving institutional investors a new way to manage exposure to the domestic fixed income market.

Second bidder emerges for Equity Trustees

MATTHEW WAI

Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer.

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI

HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30.

AMP North appoints head of strategic growth

RIDDHIMA TALWANI

AMP North has appointed Emma Kirk as head of strategic growth, marking her return to the financial services giant after two decades.

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