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FPA preps members on conflicts of interest principles

... principles, relating to product advice, remuneration and corporate governance requirements will come into effect over the next two years. "Implementation timeframes of the principles allow members sufficient time to put appropriate structures and work ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 23 JUN 2006
... per cent in May after a 0.1 per cent decline in the previous month. This signals slower growth in the US economy over the next six to nine months. Slower economic growth plus rising interest rates equal lower profits. Meanwhile, New Zealand managed to ...

Genworth study uncovers $41.9bn graduate mortgage market

... mortgage loan products could see the graduate mortgage market grow from $16.6 billion to as high as $41.9 billion over the next 12 months. Genworth, which provides mortgage insurance products to many of the country's major banks and financial institutions ...

Banks under growing IT security threat: Deloitte

... banking services for two of the country's major banks, said, "The whole industry is changing and will continue to do so in the next eight to ten years. If you look at the banks, they are no longer banks, they are technology companies...and IT security ...

Russell emerges as Tower's MTM frontrunner

KATE HAGE  |  TUESDAY, 20 JUN 2006
... spokesperson at Tower confirmed that while Russell may be an early favorite the final decision would not be made until the board's next meeting. Last week Tower chief executive officer, Grahame Evans, was reported as saying that the decision to outsource ...

SFE claims first ASX scalp

KATE HAGE  |  THURSDAY, 15 JUN 2006
... the market and equal opportunity for people to have access to that information." "We wish Mr D'Aloisio every success in his next career, and we have appreciated working with him. Our members now look forward to working with the merged entity and Robert ...

Daily economic update

BENJAMIN ONG  |  THURSDAY, 15 JUN 2006
... from 0.6 per cent in the previous month. Not only that, financial markets now expect another interest rate increase at its next meeting in August. Meanwhile, continued signs of improving growth in Japan are increasing speculation for an eventual end ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 9 JUN 2006
... with some even anticipating a 50 basis point increase. Market attention is now on the US Federal Reserve which will hold its next Federal Open Market Committee (FOMC) meeting towards the end of this month. Recent hawkish statements by the Fed Chairman ...

ACT govt slashes SG

HAMISH MADDEN  |  THURSDAY, 8 JUN 2006
... guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years. Up until now all employees of the ACT Government were entitled to a 15.4 per cent employer super contribution. ...

Daily economic update

BENJAMIN ONG  |  THURSDAY, 8 JUN 2006
... in the latest jobs numbers -- although good for the economy as, along with the income tax cuts that will come into effect next month, underpin growth in consumer spending - could exert upward pressure on wages, pushing up inflation and ultimately, force ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA  |   12:22PM
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI  |   12:16PM
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI  |   11:35AM
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI  |   11:31AM
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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