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| | | ... consumers are flocking to retail deposit accounts with $62 billion deposited in the December quarter alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more than the total value of Australian superannuation funds. Contributions ... |
| | | | ... adjusted 48,871. Economists' forecasts had centred on a 0.5 per cent rise in housing finance commitments for the month. Royal Bank of Scotland foreign exchange strategist Greg Gibbs said the dollar fell slightly following the disappointing data. "The ... |
| | | | Wall Street rebounds as oil pressure dips. This is the overall theme that you'll read, hear and watch on financial services this day. It's the mirror image of the previous day's "Wall Street dips as oil pressure bounds" theme, or days when The Street ... |
| | | | ... economics news on Wednesday, the Australian Bureau of Statistics releases its housing finance figures for January. Reserve Bank of Australia assistant governor (economic) Philip Lowe will address the Australian Industry Group Forum in Sydney. Westpac ... |
| | | | ... stocks on the local market were higher at noon, turning around from losses at the open. Among the financials, Commonwealth Bank was the only bank among the big four that remained down, off two cents at $51.67. Westpac was up 13 cents at $23.35, ANZ had ... |
| | | | ... of volatility and convertible bonds. Mauppin-Higashino said Amundi was able to deliver products like this because being a bank-based investment manager they are big enough to have a team of portfolio managers skilled in using hedge funds techniques as ... |
| | | | Senior members of AXA management take less pronounced roles in the restructured AMP team following court approval of the $14 billion merger. Four AXA executives make the journey to AMP, following in the footsteps of chairman Rick Allert and director ... |
| | | | ... the March share price index futures contract was 23 points lower at 4,767. In economics news on Tuesday, National Australia Bank issues its business survey for January, and Dun and Bradstreet releases its business expectations survey. In equities news ... |
| | | | Fund manager Hunter Hall taps into rising financial adviser demand for global equities with the launch of a fully-hedged global equities fund and an Asian equities fund. The boutique manager has introduced the new fully hedged global equities fund as ... |
| | | | ... consecutive month of growth. Mr Mumford said the jobs data, which was published by ANZ, supported the view that the Reserve Bank of Australia (RBA) would resume interest rate rises later in the year. "It is still showing fairly strong growth, which is ... |
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