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Vignette to merge interactive content

The local subsidiary of NASDAQ-listed web solutions provider Vignette is to launch the Vignette Digital Services Hub in Australia, allowing companies to manage all types and formats of web content under one roof. "As the demand for digital content expands ...

BIAM appoints head of sales

NICK OLIVER  |  WEDNESDAY, 14 FEB 2007
Bank of Ireland Asset Management (BIAM) Australia has announced the appointment of an ex-InTech executive as the new head of client services and sales. Brett Elvish joins the BIAM team from InTech Investment Consultants where he held the position of ...

SEQUAL defends advisers on reverse mortgages

NICK OLIVER  |  WEDNESDAY, 14 FEB 2007
The Senior Australians Equity Release Association of Lenders (SEQUAL) has hit back at claims made by the Members Equity Bank that advisers will sell reverse mortgages in order to pocket the commission. Kieren Dell, SEQUAL executive director, responded ...

Market wrap - morning

AAP  |  WEDNESDAY, 14 FEB 2007
The Australian share market is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0715 AEDT, the March share price index contract was up 31 points at 5929. In economic news today, the Westpac-Melbourne Institute ...

Opes Prime appoints head of sales

HAMISH MADDEN  |  TUESDAY, 13 FEB 2007
Opes Prime has appointed a new head of sales and marketing to help drive the expansion of the business. Mark Rice brings 12 years of financial services experience to the role, including time spent as stockbroking manager for Adelaide Bank and as national ...

Daily economic round-up

PETER BELL  |  TUESDAY, 13 FEB 2007
The latest monthly Business Expectations Survey undertaken by Dun & Bradstreet shows that for the first time in about a year businesses expect a growth in sales and 62 per cent of business executives anticipate higher selling prices in the coming June ...

Survey predicts more mortgage defaults

A survey polling more than 900 mortgage brokers, planners and referrers has found that 61.4 per cent of respondents expect mortgage stress and defaults to increase this year, nearly double the figure from the previous survey. The survey was done late ...

Daily economic round-up

PETER BELL  |  FRIDAY, 9 FEB 2007
Labour force data released from the Australian Bureau of Statistics shows that on a seasonally adjusted basis there has been a decrease of 11.6 per cent in unemployed persons over the last year to 492,000. The national unemployment rate fell by 0.1 ...

MEB warns on reverse mortgages

Members Equity Bank, the bank owned by super funds, has warned consumers against using reverse mortgage products, claiming that financial planners will use equity release-type products to boost their incomes. Trowbridge Deloitte conducted a study last ...

Super hype is working: AXA

A growing number of Australians are becoming super-savvy, according to the latest AXA Retirement Scope study. The study found that 34 per cent of working Australians, compared to around half that a year ago, now have a "good idea" of their projected ...