Weekly economic roundupMONDAY, 15 AUG 2005 9:01AMThe Reserve Bank of Australia finally put interest rate speculation to rest last week. In his half-yearly parliamentary testimony, RBA Governor Ian Macfarlane reinforced the message from the Quarterly Statement on Monetary Policy released by the Australian central bank earlier this week that the official cash rate will remain at 5.5 per cent for the foreseeable future. |
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MLC AM targets EM strategy with fresh mandate
MLC Asset Management has selected a global investment manager to leverage its 16-year-old emerging markets strategy.
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Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey.
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HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
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Featured Profile
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
