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Boring same old, same old

BENJAMIN ONG  |  FRIDAY, 30 MAR 2012
... Portugal. Last night, Banco de Portugal cut its 2012 growth forecast to down 3.4% (previously down 3.1%) and to a big fat zero next year, up from 0.3%. Could it be because of the spending cuts and increased taxes the government has implemented, as agreed ...

More infra investors going direct

ALEX DUNNIN  |  THURSDAY, 29 MAR 2012
... government. Europe is the most targeted region by these investors, they said, with 78% seeking to invest there. The US is the next most favored region with a 61% interest level. Only 25% reported they are seeking opportunities in Australia. Projects ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
... 2012/13 is built on a thin layer of growth projection sand. A lower-than-forecast growth outcome - even a small one -- for the next two fiscal years would wipe the surplus away." The Budget Papers assumed 4% growth in fiscal year 2011/12 and 3.75% the ...

Flaws in advice system revealed by ASIC report

ELISE BURGESS  |  WEDNESDAY, 28 MAR 2012
... points to clear areas of improvement such as FOFA Best Interest and conflicted remuneration in particular. I'm optimistic the next shadow shop will show industry improvement under such areas," Klipin told Financial Standard. Julian Plummer, Midwinter ...

All that jazz

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2012
... short-term outlook than they were last month. The proportion of consumers expecting business conditions to improve over the next six months increased to 19.2 percent from 18.9 percent. However, those anticipating business conditions will worsen also ...

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
... Shorten's explanation on who will bear the cost. Under the new legislation the SG will increase to 12% in phases over the next seven years. Shorten says that the extra cost will be covered from deferred wage increases negotiated in enterprise bargaining ...

Major product changes ahead for planners

ELISE BURGESS  |  MONDAY, 26 MAR 2012
... offer such as dealership services offerings." ANZ Wealth are looking to transform their dealership services offering to bring next generation dealership services to aligned dealer groups with a focus on succession planning. "We all know the number one ...

No greed, no fear, no volume

BENJAMIN ONG  |  MONDAY, 26 MAR 2012
... Salomon Lew's call for the RBA to slash interest rates by as much as 75 basis points. Perhaps it's the prospect that come next year, Federal Labor would be no more? Just a thought.

New standards for UNPRI

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
... AMP Capital and TWUSUPER are among the 1000 UN responsible investment signatories that will face new mandatory requirements next year. Dr James Gifford, who helped create the UN backed Principles for Responsible Investment, said the PRI will next year ...

Wobble gobbles

BENJAMIN ONG  |  FRIDAY, 23 MAR 2012
... AAII Investor Sentiment Survey shows that while bullish sentiment - or expectations that stock prices will rise over the next six months - fell by 3.2 percentage points to 42.4% in the week ended 21 March, it remains above its historical average of 39% ...