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Economics

Daily economic round-up

BY PETER BELL | MONDAY, 9 OCT 2006 12:22PM

The National Australia Bank monthly survey of business confidence has found that business conditions fell by 12 points and the overall NAB index fell by six points in September to a score of two. NAB said that expectations are for a weaker December quarter especially in the cyclical sectors.

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Editor's Choice

Vanguard to acquire custodian Altruist

KARREN VERGARA

Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.

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Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.

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