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Showing 5041 - 5050 of 6137 results for "Australians"

Australian economic fundamentals solid: Swan

CLAIRE MCGREAL  |  WEDNESDAY, 25 JAN 2012
Treasurer Wayne Swan has moved to reassure Australians in the wake of the International Monetary Fund's latest gloomy outlook for the world economy. In its latest World Economic Outlook update released today, the IMF downgraded global growth forecasts ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
... fundamental goals, namely increasing the professionalism of financial advisers and making advice more accessible for more Australians," said Meller. He also worryingly predicted potential job losses in the financial planning industry up to 25,000 in ...

PJC concedes FOFA amendment may be warranted

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
... member shared costs for intra-fund advice was appropriate, Vamos spoke of the importance for a solution whereby all Australians can access at least general advice. "Where you have a compulsory system and where you have the average member in the fund ...

PJC hears FOFA lost in translation

MELANIE TIMBRELL  |  MONDAY, 23 JAN 2012
... field," saying that the opt-in principle in particular would lead to more consolidation in the industry and damage Australians' ability to access quality advice, thereby contravening the stated aim of FOFA. "Opt-in is about increasing red tape to consumers. ...

Demand for term deposits on the rise

MELANIE TIMBRELL  |  FRIDAY, 20 JAN 2012
Risk appetites are resulting in increased demand for the stable returns of term deposits within super and pension portfolios, according to MLC. The MLC MasterKey Fundamentals platform has today reported nearly $400 million in funds under administration ...

Wolf, wolf

BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
... Economics director, Chris Richardson. According to the website, Chris "said if there was not a sharp turnaround overseas, Australians were in for a rocky ride through a ''GFC Mark II''. ''If we get a re-run of last time, you get higher unemployment ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JAN 2012
... JP Morgan last week on Wall Street to paint a glum picture for the global banking sector. Westpac data showing that Australians were still pessimistic about their financial future despite two interest rate cuts from the Reserve Bank at the end of last ...

Investors looking backwards: Mercer

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
... Value were also in the bottom five. Nick White, Mercer's director of consulting said investors exhibit a home bias to Australians equities that have traditionally been rewarded. "This suggests that investors may be focusing on the rear-view mirror when ...

Instos set sights on Indonesian assets

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
... commentary updates provided by the firm were being well received here. "We were quite surprised that the information Australians have about Indonesia was a bit construed and not detailed enough for them to really want to invest, so that was our first ...

In superannuation, bigger can be better but not always

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
With Australia's biggest super fund, AustralianSuper, announcing yet another merger, this time with the public sector industry fund AGEST, the question is whether super funds are merging for the benefit of their members or to build financial empires. ...