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New broker licensing laws will hurt planners

... Mortgage broking group National Mortgage Brokers (NMB) has set its sights on financial advisers ahead of new licensing laws next year that could prevent advisers from providing broking advice. NMB's managing director Gerald Foley has said that the line ...

REITs set for explosive growth: Cohen & Steers

... cultural and political ties to more traditional structures. "We believe we are well placed ahead of the REIT evolution& In the next six months I think we will see Germany and also the UK join with REIT-like structures. I don't know when that legislation ...

TrailCap tracks hidden commissions

... before 30 Decemeber 2005, will be paid 50 per cent of any trailing commission received by IvnestSMART on those funds over the next 12 months. At present the program does not track all funds, but includes AMP, BT, Colonial, Macquarie and Perpetual. Hodge ...

Opes Prime launches into Asia

Stockbroking firm Opes Prime is to unveil a suite of products early next year to exploit the Asian markets boom and separately, to boost its domestic presence. From its humble beginnings as a four-man team in Melbourne offering securities lending service ...

Daily Economic Roundup

... cause further negative developments to the inflation outlook, adding that inflation may breach the ECB's 2 per cent ceiling next year. Eurozone inflation has been at or above 2 per cent every month since March 2004. Mr. Issing's comments could further ...

Asia-Pacific clear leader in September: S&P

... and turning in an 8.95 per cent return, ahead of the other positively performing regions. Europe and North America were the next biggest growth regions, returning 2.44 per cent and 1.25 per cent respectively. The US's global equity market was a "lukewarm" ...

Market Wrap

AAP  |  FRIDAY, 7 OCT 2005
... is not much specific news expected on the local market today, which could allow investors to stay on the sidelines until next week. Yesterday the S&P/ASX200 index dropped 96.2 points or 2.12 per cent 4447.3, after shedding 100.1 points Wednesday and ...

RBA keeps rates on hold

... steady through to the first half of 2006, some are however beginning to pencil in a rate rise by the end of 2005 or early next year citing upward pressure on inflation due to the high price of energy as the drivers. The Financial Standard Intelligence ...

Emerging market bonds bull run to continue: PIMCO

Emerging market (EM) bonds will continue to be an attractive asset class for the remainder of this year and next, according to global fixed income manager PIMCO. In the five years to June 2005, the PIMCO EM Composite posted annualised returns of 19.1 ...

Weekly economic roundup

... following day. Australian building approvals, trade balance and the Cashcard retail activity index are also slated for release next week. Overseas, important market moving releases include the Bank of Japan's Tankan survey and Japanese labour and overtime ...