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Superannuation

Building approvals strong: ABS

AAP  |  FRIDAY, 31 OCT 2003
The property boom shows no signs of slowing with building approvals up strongly in September, new figures showed today.

QIC launches diversified active currency product

QIC has launched a new active currency product managed by three international currency managers and operating as one of the largest active mandates in Australia.

New research shows implemented consultants struggle to outperform specialist managers

Implemented consultants have delivered mixed performances relative to other managers over the past five years, according to new research released today

Argo cautiously optimistic on share market outlook

Listed investment company Argo Investments Ltd said profits in the current half-year would likely be higher than for the same period in 2002, but warned it was having difficulty finding attractive investment opportunities.

Super funds should dangle a line in the seafood industry

AAP  |  THURSDAY, 30 OCT 2003
Australian superannuation funds should invest their holdings in the seafood industry, an industry chief said today.

Strong dollar a concern: MIG

AAP  |  THURSDAY, 30 OCT 2003
Macquarie Infrastructure Group (MIG) has warned its balance sheet could be hit by a rapidly rising Australian dollar.

AMP Henderson Global to launch $450 million CMBS issue

AAP  |  THURSDAY, 30 OCT 2003
AMP Henderson Global Investors said it intends to launch an issue of $450 million of commercial mortgage backed securities (CMBS) maturing 14 November 2008.

September retail sales may fall: economists

AAP  |  THURSDAY, 30 OCT 2003
Australian retail sales may have fallen slightly in September although this was some consolidation after three months of strength, according to economists.

Fight on for slice of ANZ rights issue underwriting

AAP  |  WEDNESDAY, 29 OCT 2003
Financial institutions are jostling for the right to sub-underwrite ANZ Banking Group Ltd's $3.6 billion rights issue which will pay for the acquisition of the National Bank of New Zealand (NBNZ).

Low income earners can boost retirement nest eggs: super funds

AAP  |  WEDNESDAY, 29 OCT 2003
Lower income earners could retire with up to 70 per cent more in their pension funds if they took advantage of new superannuation rules, super funds said yesterday.