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Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
... are projected have 80 to 99% of what they will need to retire comfortably. "The good news is that many Australians who may not currently be on track for a comfortable retirement are very close," CBA executive general manager advice Linda Elkins said. ...

Christmas not spent

BENJAMIN ONG  |  TUESDAY, 7 FEB 2017
Bah, humbug! This appears to be the message from the Australian Bureau of Statistics' (ABS) latest update on retail spending. The report showed that domestic retail sales fell by 0.1% in the month of December following a small 0.1% gain in the previous ...

Bendigo targets ethically conscious investors

EMMA RAPAPORT  |  MONDAY, 6 FEB 2017
The wealth division of Bendigo and Adelaide Bank is targeting younger investors with the launch of a socially responsible growth fund. The bank said the fund will be offered as both a standalone fund for investors and as a choice in its Bendigo SmartStart ...

India looking good in Trump's world

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
... protectionism and more attractive to foreign investors. "Enormous domestic growth sets India apart as an investment destination. It's not as reliant on other markets and trading partners as China, Japan, and many other Asian economies," Siva said. "India ...

Financial advisers losing communication battle

EMMA RAPAPORT  |  MONDAY, 6 FEB 2017
... the biggest issues facing the future of financial advice is a communication breakdown between advisers and clients. "It's not just about simple stocks and bonds anymore - there are a lot more sophisticated instruments being used and alternative investment ...

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
... financial comfort of retirees has grown by 8% to 6.23 out of 10, attributable to pending super reforms and pension changes not being applicable to the majority of current retirees and the continued wave of growth in property and strength in equity ma ...

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
... But has anybody noticed that dissections and parsing of every single word, phrase or nuance in the policy statements were not as pronounced in the financial headlines as they used to be before Trump? Trump has trumped the central bankers. Asked for news ...

Wilson lodges to scrap Hunter Hall LIC board

ALEX BURKE  |  FRIDAY, 3 FEB 2017
... potential price liquidity discounts for some stocks and tax consequences. These costs would be borne by all shareholders, not just those that might choose to exit via the buy back."

Real assets courting insto appetites in 2017

ALEX BURKE  |  FRIDAY, 3 FEB 2017
The majority of large institutional investors will ramp their exposure to real assets in 2017, according to BlackRock research. BlackRock's global survey of 240 large institutional investors - including public and corporate pensions, insurers and foundations ...

Don't follow consensus: Baur

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2017
... inflation in Japan and central banks," Baur explained. Baur warned that this is transition from economic mess to a better era is not going to occur without disruption. "The key risk we see when interest rates in the US start to rise will be in China ...