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Daily economic update

The Australian Bureau of Statistics (ABS) today released lending finance figures for December. While the report showed a statistical correction in the seasonally adjusted series - commercial and lease finance commitments fell during the month while ...

Emerging market global inflows post all time high

Emerging market equity and bond funds, along with global equity funds, last week posted all time record inflows. According to data published by Emerging Portfolio Fund Research (EPFR), emerging market equity funds welcomed a massive $3.3 billion last ...

Daily economic update

Today's lower than expected increase in Australian employment gives credence to yesterday's decision by the Reserve Bank not to alter current monetary policy settings. The Australian labour market added a mere 1,800 jobs in January. Expectations were ...

Twice as many super funds now offering planning advice

New figures released by Rainmaker reveal that the number of superannuation funds offering financial planning to members has doubled over three years, with more industry funds set to take it up. Figures from Rainmaker's new online super fund comparison ...

Daily economic update

Today's update on Australian building approvals provides yet another indication that domestic interest rates will remain on hold in the near term. Based on the Australian Bureau of Statistics (ABS) figures, the total number of dwelling units approved ...

Loan doubles lure reverse mortgage providers

The story of reverse mortgages looks set to continue, as new figures released by independent market analyst Datamonitor (DTM) show loans for the products more than doubled in 2005. Datamonitor's new report includes figures that forecast the reverse ...

MacarthurCook fund is hot property

MacarthurCook Property Securites (MPS) has delivered an emphatic 177.4 per cent gain in half year profits, proving that the bricks-and-mortar sector still delivers fat returns in a high-tech world. The fund announced that in the half year to 31 December ...

Private equity and M&A market activity to stay strong in 2006: Gresham

Private equity market activity is expected to continue during 2006 with a range of players preparing for new capital raisings or launching services to cater for the growing interest in the sector. Private equity investment specialist Gresham is one ...

Daily economic update

The Reserve Bank of Australia (RBA) and financial markets will welcome the country's latest inflation figures. The Australian Bureau of Statistics (ABS) reported that headline consumer prices rose by 0.5 per cent in the December quarter - less than ...

Fund flows up across most areas: AXA

AXA Asia Pacific Holdings revealed positive fund flows and new business results for the year ended 31 December 2005. Most areas were significantly up on 2004. Total net fund flows in Australia and New Zealand were up 139.6 per cent to $9.55 billion ...