Latest News



Bendigo  and Adelaide Bank has settled a class action brought against it by investors in managed investment scheme operator Great Southern.

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Macquarie Group’s profits for its capital markets-facing businesses for the quarter ending June 30 are down both from the prior quarter and the previous corresponding period.

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In recognition of the increased volume in interest rate futures transactions over the past 10 years, the ASX has reduced its fee schedule.

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Despite strong performances in the Australian stock market in recent years, anxious investors are on the lookout for a market correction, says AllianceBernstein.

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The ASX will launch its Chinese currency settlement service on Monday, allowing companies to settle Renminbi-denominated transactions in real time.

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Fund managers making significant allocations to illiquid infrastructure assets and unlisted property could risk losing potential upside further down the track, according to Perpetual.

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Customers of industry fund Cbus will be referred to Certified Financial Planner-accredited FPA members for comprehensive advice after the pilot program has been approved for national rollout.

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Assets under management (AUM) that integrate environmental, social and governance (ESG) principles increased to $153 billion in 2013, the Responsible Investments Association of Australia (RIAA) has found.

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TOP YIELDING SUBURBS

Units
KUNDA PARK, QLD – 20%
DOLPHIN HEADS, QLD – 19%
IRYMPLE , VIC – 18%

Houses
BELLAMACK, NT – 17%
MILES, QLD – 13%
ROSEBERY, TAS – 11%

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Hooked on Property

Find out how to best capitalise on your client's desire to invest in property

 

 

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