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Showing 2261 - 2270 of 5511 results for "September 2008"

A December lift if...

BENJAMIN ONG  |  THURSDAY, 5 NOV 2015
"At this point, I see the U.S. economy as performing well." "Domestic spending has been growing at a solid pace." "If we were to move, say in December, it would be based on an expectation, which I believe is justified, that -- with an improving labor ...

Super fund returns fall again in September

MARK SMITH  |  WEDNESDAY, 4 NOV 2015
The SelectingSuper workplace default option MySuper Index fell again during September with the 12 month rolling performance sliding during the month from 6.5% to 6.0% by month's end. This drop in rolling annual returns was on the back of the 3.0% fall ...

Good tidings sway RBA to stay

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2015
Rate cut/No rate cut. Well, 'twas a coin flip anyway - the rationales for a cut was equally rational as those for a no cut - so no blame all around. In the end, the Reserve Bank of Australia (RBA) decided to stay the course - keeping the official cash ...

Pick a number

BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
The nation stops today - Melbourne Cup Day and RBA decision day. I don't know which bet's an easier pick, choosing the winning horse where there are equines a-plenty to bet on or the RBA's decision on interest rates where it's practically a coin-flip. ...

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
Westpac increased net profit by 6% to $8 billion over FY2015, driven largely by its partial sale of BT Investment Management. In its full-year results, the bank reported "a number of significant infrequent items that in aggregate increased net profit" ...

Macquarie set to pay $14m to advice clients

LAURA MILLAN  |  MONDAY, 2 NOV 2015
Macquarie Equities Limited (MEL) has identified 163 clients who received inadequate financial advice and are eligible for $14 million compensation. Macquarie Group confirmed that the enforceable undertaking dictated by the Australian Securities and ...

Industry fund to double investment team

DARREN SNYDER  |  MONDAY, 2 NOV 2015
Mine Wealth + Wellbeing will more than double its investment team by June next year in a move set to "encourage greater innovation" and deliver greater investment capability. The $10 billion industry superannuation fund announced it will be growing ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

Aged care concerns top Challenger advice list

DARREN SNYDER  |  FRIDAY, 30 OCT 2015
An incredibly quiet yet evolving change in the background of post-retirement is potentially vindicating Challenger's choice to develop its CarePlus product recently. Monash University professor Deborah Ralston told an Australian Centre for Financial ...

Managed accounts usage to grow 38%

LAURA MILLAN  |  FRIDAY, 30 OCT 2015
The number of independent financial advice practices using managed accounts is set to grow by over 38% over the quarter, Managed Accounts Holdings (MGP) said. The managed accounts provider said that an additional 10 boutique licensees are in the process ...