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Showing 1431 - 1440 of 2156 results for "Extra"

Trouble building in the housing market

ALEX DUNNIN  |  TUESDAY, 6 SEP 2011
... already exists, and Australia's growing population that is well on its way to 30 million by 2020, we are going to need an extra 1.6 million homes by this time. But with housing stock increasing at less than 150,000 each year compared to the 179,000 annual ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
... finances. And the head of the International Monetary Fund, Christine Lagarde, repeated her warning that banks in Europe need extra capital to withstand any contagion from the eurozone debt crisis. ECB data showed that eurozone banks have deposited record ...

Mercer plans for post FOFA advice dominance

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
Mercer, a global industry all-rounder in research, consulting and investment funds, has its sights firmly set on the Australian financial advice industry, with plans to become a dominant player within the next decade. In its target of the retail market ...

Media Super $30m alpha mandate

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
Media Super has awarded Aurora Funds Limited a $30 million mandate as the super fund pursues a more suitable strategy for the modern, volatile market. The mandate was invested in the Aurora Fortitude Absolute Return Strategy, which Media Super selected ...

NZ Govt to enrol extra 1m into Kiwisaver

ALEX DUNNIN  |  THURSDAY, 25 AUG 2011
... above the 9% SG that applies in Australia. Concerns are being raised however that the subsidised contribution costs for the extra 1 million members will require the NZ government to increase borrowings by $A600 million. New Zealand's national government ...

AustralianSuper creates head of equities

ELISE BURGESS  |  WEDNESDAY, 24 AUG 2011
AustralianSuper has created a new role of head of equities as part of its strategy to build in-house investment talent, but the fund was clear that this does not mean mandates will be removed from external managers. Innes McKeand has accepted the newly ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... ammunition is quite limited and the recovery will need to rely on the underlying fundamentals of the US economy rather than extra liquidity." Economist Saul Eslake, program director at the Grattan Institute said neither governments nor central banks ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, claims the extra protection will reduce negative equity and offer certainty about what will happen once a contract is finished. The proposed ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 AUG 2011
... Thursday, the local unit traded between 104.55 US cents and 106.89 cents. Overnight, the European Central Bank (ECB) offered extra help to fight the eurozone debt crisis after a warning that countries such as Italy could now be threatened. Meanwhile ...

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
By comparing the government to a gestating sperm whale at the FSC conference, Assistant Treasurer Bill Shorten made light of slow progress implementing financial services reforms but patience is wearing thin within the industry. Shorten himself has ...