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FEATURE: The cost of cash

MARK SMITH  |  FRIDAY, 14 FEB 2014
... wealth. Aside from the knock-on impact on consumer confidence, a risk-free rate near zero means savings are going sideways. The next factor is the falling Australian dollar. It's no secret that the Government wants the currency to weaken to help prop ...

Certified financial planners report higher profitability

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
... to increased client retention. The research found that 69% of firms plan to increase the number of CFP advisers during the next 12 months. The study was conducted by independent researchers Comparator and the results were released by the Financial Planning ...

Matrix to focus on attracting aligned advisers

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
... "There are opportunities now that didn't exist five years ago, and this will probably influence our thinking on what we'll do next," Matrix chairman Pieter Franzen told Financial Standard. "There are advice firms living under large institutional companies ...

Phones and tablets take over online broking

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
... More than half of current online share investors use a smart phone or a tablet to invest or are intending to do so in the next 12 months. According to the Investment Trends 2013 Second Half Australia Online Broking Report as many as 45% of online share ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... "is for the first time today providing guidance that it is seeking to absorb all the spare capacity in the economy over the next two to three years... That recognizes that spare capacity is both wasteful and increases the risk that inflation will undershoot ...

CBA posts $4.27bn half year profit

AAP & ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
... positive activity in the housing sector. "So all in all, we continue to assume that any improvements in economic activity in the next year will be gradual rather than dramatic," Narev said.

CSIRO to study super spending habits

MARK SMITH  |  TUESDAY, 11 FEB 2014
... independence, objectivity and real world problem solving focus of the Monash CSIRO research collaboration. Research over the next year will include: retirees lifecycle expenditure patterns, managing liquidity risk for superannuation investment, new and ...

Sunsuper acquires holiday park chain

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
... fund, which already held shares in the company, acquired a "significant majority of the business" from fellow shareholders Next Capital, Allegro Funds and Macquarie Funds. Discovery Parks was given an enterprise value of $240 million, excluding Discovery ...

Subjected to interpretation

BENJAMIN ONG  |  FRIDAY, 7 FEB 2014
... report - set for release later tonight - would be crucial in setting the tone for financial markets over at least... until the next US employment report. The lead from the ADP private sector employment survey and the jobless claims report are positive. ...

ETF assets to surpass hedge funds in 12-18 months

MARK SMITH  |  THURSDAY, 6 FEB 2014
The exchange traded funds (ETF) industry could surpass the hedge fund industry in assets under management (AUM) in the next 12-18 months according to EY's Global ETF Survey. The report said while growth rates will be highest in Asia and lowest in the ...