Daily economic round-upBY PETER BELL | THURSDAY, 24 AUG 2006 12:28PMThe Westpac-Melbourne Institute's Leading Index rose by 1.8 points in June resulting in a year on year growth rate of 5.3 per cent, the highest monthly reading since March 2004. The index measures four components of future activity in the approvals for the construction of new homes, money supply, shares prices and US industrial production and suggests good economic growth over the next three to six months. |
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Treasury responds to Debelle's review into the AOFM
|Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.
Bravura ups guidance, reports earnings increase
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MaxCap hires from Vanguard, AustralianSuper
|MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.
Zenith snags mandate from Granite Bay
|Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.






