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| | | The Reserve Bank will slash the base rate by 50 basis points in two cuts before the end of 2013 the National Australia Bank (NAB) has predicted. NAB group chief economist Alan Oster told the NAB annual private wealth conference in Sydney today that ... |
| | | | The Australian market looks set to open stronger after US stocks powered to record highs. At 0754 AEST on Thursday, the June share price index futures contract was 38 points higher at 5,002 points, with 3,250 contracts traded. In economic news on Thursday ... |
| | | | The Colonial First State Wholesale Equity Income Fund has marked its five-year anniversary with strong performance figures. Since its launch at the height of the financial crisis in 2008, the strategy has had significantly lower volatility than the ... |
| | | | ... per cent seen the month before and below forecasts for 2.4 per cent. The news eased investor concerns that another high figure would prompt authorities to tighten monetary policy further. "All else equal, the more growth there can be in China, the more ... |
| | | | ... Durbin was referring to Investment Trends report that show 72% of new business last year was placed on platforms. While this figure is lower than pre-GFC numbers (78% back in 2005), the same report projects that by 2015, the number will stabilise at ... |
| | | | The Fund Executive Association Limited (FEAL) has launched a new mentoring initiative for superannuation executives. FEAL said the initiative, which is in partnership with Franklin Templeton Investments, would provide the framework for senior executives ... |
| | | | "Safe-haven" Australian infrastructure and property assets are seeing a wave of interest from Canadian pension fund investors, according to The Trust Company. Fresh from a visit to some of Canada's leading pension funds, Andrew Cannane, general manager ... |
| | | | The Australian market looks set to open stronger after gains on Wall Street. At 0646 AEST on Tuesday, the June share price index futures contract was 18 points higher at 4,929 points, with 3,091 contracts traded. In economic news on Tuesday, the NAB ... |
| | | | Australian shares have opened slightly higher, buoyed by resource stocks. IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US dollar lower. "The ... |
| | | | The Australian market looks set to open lower after weak US employment figures late last week. At 0750 AEST on Monday, the June share price index futures contract was five points lower at 4,890, with 5,092 contracts traded. The Dow Jones Industrial ... |
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