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Capstone joins forces with PictureWealth to form $22bn FUA planning network
|PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.
Mercer reviews small caps, Aussie equities mandates
|Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.
HESTA launches campaign around super tax benefits
|The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.
RBA on hold, rate cuts expected
|The Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







The Review of the Reserve Bank introduces the system that is already followed by Canada and the Great Briton, but the system in those countries has not done any good. It has create a big economical mess. The economy and inflation in Canada and the Great Britton are in a dumdol condition. However, If this country adopts this system are we going to better or worse? Thus the Government should think very carefully and so the business and the community. So think and think with a cool mind on positivity of the System - a double boards - the Australia Reserve Bank and the Monetary Board, an another burden on business and community, but the time will tell the new boards success.