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Coming in 2014: Aussie recession

BENJAMIN ONG  |  THURSDAY, 29 NOV 2012
... 2011, one of Steen's 10 "Outrageous Forecasts" for the following year was that Australia will go into recession this year (yes, in 2012). Instead, Australia's annual real GDP growth jumped to its fastest pace - 4.5% 2012 - in five years in the first ...

Sweeet!

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2012
Greece is saved... again! Wall Street back to worrying about the cliff... again! Yes Virginia, this is another I told you so moment. You, I and Irene expected these to happen all along: We won't have closure on that US$607 billion fiscal cliff until ...

Challenger ready for new capital rules

BEN COLLINS  |  TUESDAY, 27 NOV 2012
Uncertainties around extra capital requirements have been resolved and should ease pressure on Challenger's share price, confirmed the annuities' provider's chief executive Brian Benari yesterday "Uncertainty in relation to the impact of the new standards ...

Double-digit Asian equity returns in 2013: BlackRock

MARK SMITH  |  TUESDAY, 27 NOV 2012
Now is an opportune moment for investors to take advantage of battered Asian stocks, particularly in more cyclical sectors, according to BlackRock's Andrew Swan. Speaking via video link-up from Hong Kong at a press event yesterday, the head of Asian ...

Market Wrap

AAP  |  FRIDAY, 23 NOV 2012
The Australian share market has opened lower, after markets in the United States were closed for the Thanksgiving holiday. At 1010 AEDT on Friday, the benchmark S&P/ASX200 index was down three points, or 0.07 per cent, at 4,410.1 points, while the broader ...

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Capital gains tax relief legislation for superannuation funds passed through the Senate yesterday alongside two other key pieces of reform. Unrealised gains or losses on revenue and capital assets incurred from 1 October 2011 to 1 July 2017 can now ...

Thank you, xie xie, arigato

BENJAMIN ONG  |  FRIDAY, 23 NOV 2012

Urbanisation

BENJAMIN ONG  |  THURSDAY, 22 NOV 2012
They can put any spin on it they want but you know, and I know, and even your uncle's dog knows that 'twas just another ordinary day on equity markets overnight. Wall Street and Europe closed higher 'supposedly' because the Israelis and the Palestinians ...

Understand borrowing laws warns ATO

BEN COLLINS  |  THURSDAY, 22 NOV 2012
Be careful when investing in property, the Australian Tax Office warned self managed super fund trustees yesterday. People might be using their DYI super fund to invest in property without actually understanding borrowing laws, said acting commissioner ...

AMP merges fin planning businesses

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
AMP financial planning business ipac announced yesterday that it would integrate boutique financial advisory firm Tynan Mackenzie under the ipac brand. Tynan Mackenzie is also part of the AMP group. The integration will see Tynan Mackenzie transition ...