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. |
Editor's Choice
ASIC issues 'wake-up call' to trustees on member complaints
|The corporate regulator is calling on superannuation trustees to improve oversight of issues arising from member complaints, noting many are not doing enough to use complaints as early warning signs of broader issues.
Aware Super expands Challenger partnership for lifetime income solution
|Aware Super has moved to expand its retirement income offering through a partnership with annuity provider Challenger, as superannuation funds face growing pressure to help members turn accumulated savings into sustainable income.
FBI accuses North Korea of $9bn Binance crypto heist
|North Korea has been accused of being the culprit behind the $9 billion (US$6.3bn) cryptocurrency heist from global digital asset platform Binance that took place last week.
ASIC takes action on Falcon Capital directors
|ASIC is suing the directors of Falcon Capital, the responsible entity for the failed First Guardian Master Fund, alleging "serious and widespread failures" in their oversight.
Further Reading
Products
Expert Feed
Featured Profile

Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.






