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| | | ... Australia and the ACT with a $290,000 seeding allocation, that it will invest into targeted local charities likely to be of interest their members. Deputy chairman Gary Green said, "One hundred and fifty years ago credit unions started as people's banks ... |
| | | | ... a different approach in line with its amended money market system introduced last year. The BOE is charging a premium interest rate, 1 percentage point over base, on a permanent unlimited facility. So while its peers are trying to encourage banks, the ... |
| | | | Head of Deutsche Bank asset management Australia, Andrew Fay, will leave at the end of the year to "take an extended break from full-time involvement in the industry". Fay will remain in his position until 31 December, whereupon Chris Larsen, head of ... |
| | | | ... continued to climb at noon, buoyed by stronger international markets including the US, but held back slightly by yesterday's interest rate rise. At 1200 AEST, the benchmark S&P/ASX200 index had jumped 23.6 points to 6124.4 while the All Ordinaries added ... |
| | | | Westpac has announced plans to partially float the investment management business of its subsidiary BT Financial Group, one of the largest fund managers in the country with $40 billion in assets. The partial float is in relation to BT's investment management ... |
| | | | ... climb in early trading, if the Futures are a guide, buoyed by stronger international markets and shaking off yesterday's interest rate rise. At 0752 AEST on the Sydney Futures Exchange, the September share price index was up 60 points to 6,137 on a volume ... |
| | | | ... more than its inherent value," said the report. Banning commissions would also not remove all potential conflicts of interest as "superannuation funds, including industry funds, use other remuneration practices such as bonuses and incentive plans for ... |
| | | | The Australian share market continued its upward charge at noon, taking an interest rate rise in its stride, as a strong lead from Wall Street and higher commodity prices helped stocks recover some of last week's big losses. At 1201 AEST, the benchmark ... |
| | | | ... growth. Their statement referred to a robust global economy and will certainly have made the RBA's decision to raise interest rates a lot easier. According to John Kyriakopoulos from NabCapital research, "the Aussie dollar's response is unlikely to be ... |
| | | | ... expected to consolidate yesterday's gains, as investors await the Reserve Bank of Australia's (RBA) decision on whether interest rates will rise. At 0724 AEST on the Sydney Futures Exchange, the September share price index was up 35 points to 6,002 on ... |
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