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Planning starts at 30: MLC

Gen-Xers or thirty-somethings can save as much as $10,000 per year by getting financial advice much earlier rather than later in life, according to new research from MLC. MLC technical manager, Andrew Lawless, said that tapping into the overlooked segment ...

Market wrap - morning

AAP  |  WEDNESDAY, 22 NOV 2006
The Australian sharemarket is expected open stronger following an across-the-board rally in commodity prices and a better Wall Street lead. On the Sydney Futures Exchange at 0726 AEDT, the December share price index contract was up 10 points at 5,384. ...

ANZ FP to focus on maintaining its muscle

HAMISH MADDEN  |  TUESDAY, 21 NOV 2006
It's been a good year for ANZ Financial Planning (ANZ FP) but general manager, Mike Goodall, said he would be shoring up the business model to leverage more success into 2007. Goodall said that the last 12 months had been fruitful for the business ...

Daily economic round-up

PETER BELL  |  MONDAY, 20 NOV 2006
The meeting of G20 members in Melbourne has raised the perception that continued rising global interest rates may help abate world inflationary pressures being brought about by the increasing industrialisation of many developing economies. The IMF has ...

Daily Economic Round Up

PETER BELL  |  FRIDAY, 17 NOV 2006
A buoyant economy has created strong demand for professionals particularly in the engineering field where new graduates are commanding starting salaries of $50-60,000. The median for Investment banking graduates according to the Australian Association ...

Daily Economic Round Up

PETER BELL  |  THURSDAY, 16 NOV 2006
The returns to the house prices of the Australian capital cities has shown a weighted average return over the year to September of 9.5 per cent of which Western Australia property values increased a staggering 45.9 percent, Darwin a healthy 17.3 and ...

Daily Economic Round Up

PETER BELL  |  WEDNESDAY, 15 NOV 2006
The pay packets of management are back in the spotlight with news that the average salary of chief executives in Australian chief executives has risen by about three hundred per cent over the last couple of decades and that within the top 50 companies ...

Daily Economic Round Up

PETER BELL  |  FRIDAY, 10 NOV 2006
The Monash University Centre for Economics of Education and Training has produces a report funded by the Dusseldorp Skills Forum that has found that there are about 540,000 young Australians not in full-time work or learning. Of this number 330,000 ...

Daily economic round-up

PETER BELL  |  MONDAY, 6 NOV 2006
Pressure will be on the Reserve Bank of Australia to increase interest rates tomorrow when it meets. Last weeks announcement that building approvals by municipal councils rose by 6.1 per cent in September to produce a year on year growth in total dwellings ...

Daily economic round-up

PETER BELL  |  FRIDAY, 3 NOV 2006
The recent uplift in consumer sentiment as measured by the Westpac survey has not been transferred into much buoyancy in retail sales, as indicated by the ABS monthly release of the data yesterday. Retail sales grew by just 0.1 per cent in seasonally ...