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Super's growth a challenge for ASIC: Medcraft

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Superannuation's growth over the next decade is one of the biggest challenges facing Australia's corporate regulator, said ASIC chairman Greg Medcraft. As the size of the superannuation sector expands to $3 trillion over the next decade, the extra products ...

Political punch trading greatest risk to US economy

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... for the votes to be counted Zwi, chairman of Clime's investment committee, points out that whether its Obama or Romney, the next President will be in the fortunate position of inheriting a recovering economy. Unemployment is trending lower, consumer ...

Big four prepare market for annus horribilis 2013

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... and higher funding and liquidity costs." Each chief executive appeared to be softening blows to investors well ahead of the next results announcement. With most of the banks' profits coming in the first half of 2012 it is conceivable that they are anticipating ...

RBA says its ok

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2012
... large increases in capital spending in the resources sector" but that "the peak in resource investment is likely to occur next year, at a lower level than expected six months ago." Also, "Some of the consumption strength in the first half of 2012 was ...

Western recovery expected to lift Asian stocks

MARK SMITH  |  TUESDAY, 6 NOV 2012
... discounted in the past year, in part due to economic woes in the major developed economies. But positioning your portfolio for the next phase is critical. Asia is a high beta play on the developed markets - in times of growth, it will receive a disproportionate ...

Westpac warns tough year ahead

MARK SMITH  |  MONDAY, 5 NOV 2012
... or $38 billion this year, more than funding our growth in loans." She added that she expected numbers of staff to decrease next year but not to the same extent as has been seen in the past. Kelly stressed that 2013 was likely to be another difficult ...

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
... The Parliament needs to pass a,-13.5 bil in spending cuts and tax increases this week or it won't see a single penny of the next tranche of bailout money. No bailout equals bankruptcy. No problemo but for recent reports that Greece's tri-party coalition ...

Market wrap early AM

AAP  |  MONDAY, 5 NOV 2012
... early bump on Friday but the gains were all quickly lost and the main indices ended in the red, as caution grew ahead of next Tuesday's presidential election. Although the jobless rate ticked up to 7.9 per cent, the fact that the economy could pump out ...

Poisoned chalice awaits next US president

MARK SMITH  |  FRIDAY, 2 NOV 2012
Whatever the outcome of the US election, the President will have to face up to fiscal cliff or jeopardise the global recovery, according to Standard Life Investment's Andrew Milligan. With both presidential candidates rounding the final corner of their ...

Market wrap Early AM

AAP  |  FRIDAY, 2 NOV 2012
... Prime Minister Antonis Samaras has said the coffers in Athens will run dry on November 16 unless his country receives the next 31.2 billion euros ($A39.3 billion) in rescue funding. HONG KONG - Asian stock markets were mixed, with stronger Chinese manufacturing ...