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| | | The guaranteed income streams provided by annuities continue to prove popular with Australian retirees post GFC, with Challenger Financial Services posting another record quarter for its annuities' business. In figures released yesterday, Challenger ... |
| | | | Fixed interest, hedge funds and indexed investments were the top three asset classes based on growth in funds under management (FUM), according to Rainmaker research. Figures show that these three asset classes grew their FUM between June 2007 and June ... |
| | | | If you've already read the various reports on various websites and blogs trying to give meaning to Wall Street's slip overnight, you're now probably getting antsy pantsy that the bad ol' times have returned. This from The Age quoting "AAP, with Business ... |
| | | | ... believes all administration fees should be combined into a single, comparable cost for consumers (e.g. a dollars per week figure). This will allow consumers to compare the administration costs of funds when making their fund and investment choices." ... |
| | | | ANZ female employees will now benefit from a range of financial and leave benefits, including in super, as the bank aims to improve incentives for female staff. Female employees of ANZ will now receive a $4,000 childcare allowance and payment of superannuation ... |
| | | | ... quarter for retirees at around 0.2 per cent compares to the 0.6 per cent increase in the All Groups CPI, although the latter figure was affected by a 15.4 per cent increase in the cost of tobacco. For recreation, there was a fall of 1.8 per cent in the ... |
| | | | Australian stocks were lower at noon, following a weak lead from Wall Street as traders remain on the sidelines in the lead-up to a key US employment report. At 1204 AEDT, the benchmark S&P/ASX200 index was down 18.3 points, or 0.39 per cent, at 4,673.0 ... |
| | | | First Home Saver Accounts (FHSAs) could become more appealing to first home owners following proposed changes released this week. The draft legislation announced by the deputy Prime Minister and Treasurer Wayne Swan offers more concessions that will ... |
| | | | Australian stocks were higher at noon, with strength coming from the resources sector, offset by weakness among the big banks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 8.8 points, or 0.19 per cent, at 4,695.6 points, while the broader All ... |
| | | | ... cent from a year earlier, according to calculations made from statistics bureau data. The month the tax took effect, the figure slumped 40 per cent." As Tanaka san lights up the last stick of cigarette from his cheap hoard, he'll be pondering whether ... |
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