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Financial services turn to Twitter

RACHEL DAVIS  |  THURSDAY, 18 AUG 2011
... they tracked had a Facebook page. The number of firms creating a social media presence increased at a steady rate over the next two years, according to Corporate Insights data. By October 2010, when they released 'To 'Friend' Is the Trend: Social Media ...

Super fund to give financial advice with technology

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
Industry superannuation fund VicSuper will next week begin using a "rapid advice engine" from Provisio Technologies to deliver single-issue financial advice to members. VicSuper said yesterday that basic financial advice on contributions, investment ...

CBD vacancies hit 2-year low

ALEX DUNNIN  |  THURSDAY, 18 AUG 2011
... with between 7.3 to 7.8%. The tightest office vacancy rate was in Melbourne which scored 5.8%. Verwer said supply over the next 18 months be moderate.

Hedge fund forum delivers expert speakers next month

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
... investment panels and star speakers from the superannuation and hedge fund industries at the Australian Hedge Fund Forum next month. The keynote address will be given by Australian Securities and Investment Commission chairman Greg Medcraft, detailing ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
... can see what securities and debt instruments their fund has bought and sold. If the industry doesn't co-operate by June 30 next year, ASIC has warned it will press the Federal Government to impose standards upon it. David Whiteley, Industry Super Fund ...

Market Wrap - Morning

AAP  |  MONDAY, 15 AUG 2011
... board minutes will be pretty key for the Aussie dollar, given the market has about 50 basis points of cuts priced in at the next meeting," Mr Burrowes said. "You'd expect there would have to be some fairly clear hints that they (the RBA) discussed the ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... madness. For what else would you call the wild swing of 4% (give or take) on the buy and the sell side from one day to the next? Most of the conclusions put forward on cycberspace are that financial markets have caught the case of the jitters - jumping ...

China demand for Australian resources to fall: JP Morgan

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
... Australia Investment Conference in Sydney, Ulrich said the Middle Kingdom may have to live with lower growth rates in the next few years. "If China can maintain a 7% plus growth rate, despite an adverse economic environment, there's nothing wrong with ...

Delaney retires amid MTAA board restructure

MATT WOODINGTON  |  FRIDAY, 12 AUG 2011
... serving directors Bob Allen and Mark Perica will also leave in November. MTAA will begin advertising for replacement directors next week and hopes to have the board rebuilt by the end of November. The board will have a new look as the fund plans to scrap ...

Market Wrap - Midday

AAP  |  FRIDAY, 12 AUG 2011
... determining market confidence. He said there was little coming up in the way of local data, however US CPI data due to be released next week would also impact the course of the Australian dollar. Mr Gibbs said the local unit had traded between 103.57 ...