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Productivity Commission in housing affordability paper for first home buyers

... mid-December, to enable the public to discuss its preliminary views and findings, Public hearings will then be held early next year and the final report to government is due on 31 March 2004.

FOMC to meet next week, unlikely to change interest rates: ICAP

The meeting next Tuesday by the Federal Open Market Committee (FOMC) will look to reassess the outlook for the US economy and adjust interest rates and the accompanying balance of risks statement accordingly. In its latest Weekly Insights by ICAP, its ...

S&P maintains BankWest credit rating

... Services Ratings credit analyst Peter Sikora said. "HBOS and BankWest are expected to work through strategic issues over the next few months."

Wattle administrators sentenced

... offered the Wattle scheme. The ASIC investigation into the scheme continues and the Financial Standard wonders Wattle happen next in this long-running saga.

Job advertisements rise 1.5% in August: ANZ job advertisement series

... increase. "The level of job advertising appears to be consistent with employment growth averaging 12-15,000 per months over the next few months, compared with job losses averaging just over 20,000 per months between February and July," said Mr Eslake. ...

ICAP says US current account deficit causing considerable global uncertainty

... deficit will not reverse quickly and that was leaving the global financial markets to face considerable uncertainty over the next few years. In its latest Weekly Insights report, ICAP has said that US current account deficit is absorbing almost 9 per ...

UK brokerage firm to launch "socially irresponsible" investment fund

... said Willis Owen managing director Richard Craven. The vice fund, which Willis Owen aims to have up and running within the next few weeks, is based on a similar venture in the US which has generated twice the returns of the broad S&P 500 share index ...

Colonial First State announces changes to its distribution team

... still to make an external appointment to the role of state manager VIC/TAS, and the announcement of this is expected early next week, CFS concluded.

Australians to be reunited with their lost super

... repatriated more than $100 million to its rightful owners - for free - and hopes to reunite another $400 million during the next three months during the campaign. Executive director David Haynes said AUSfund regularly cross-matches with its 23 partner ...

Morning market wrap: US shares build on earlier gains

... closing at 4,262.1. Surprisingly, US bonds were able to eke out modest gains over the day. Even with an avalanche of new supply next week, the yield on the 10-year Treasury fell two points to 4.60%. The US dollar weakened on a round of mild profit-taking ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

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

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

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

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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