Daily economic round-upBY PETER BELL | MONDAY, 30 OCT 2006 12:22PMOvernight news from the US revealed that the US economy grew by only 1.6 per cent in the September quarter which was down on the June figure of 2.6 per cent and the 5.6 per cent from the March quarter. Residential construction has fallen more than 17 per cent during the third quarter although new home sales increased by 5.3 per cent on the back of the largest discounts in prices for more than three decades. |
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Pengana takes WAM feud over PIA to Takeovers Panel
|Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.
ASFA welcomes Rest executive to C-suite role
|ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.
WT Financial takes majority stake in TNT Advisor
|WT Financial has acquired a 70% stake in paraplanning provider, TNT Advisor Solutions (TNT), for $2.4 million.
State Super announces new board appointment
|State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.
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Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
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