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08 July 2014 • By • 1 min read

Australian ETFs hit $11.6bn

The Australian exchange-traded fund (ETF) market has grown $1.7 billion in the six months to the end of June 2014, up to a record high of $11.6 ...

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ANZ Trustees acquisition completed

Financial services company Equity Trustees has completed its acquisition of ANZ Trustees Limited for $150 million. InvestorDaily reported in April ...

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Asia Funds Passport facing ‘glaring flaw’

The Asia Region Funds Passport will never get off the ground in Australia if it is limited to unit trusts, argues Henry Davis York partner Lucinda ...

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CBA response 'too little too late'

The Commonwealth Bank’s proposed actions to address fraud and misconduct within its financial planning division are “too little, too late”, says the ...

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Regional banks struggling against majors

Despite the benefits from a recovery in housing finance, lower funding costs and improving loan quality, the regional banks remain at a structural ...

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'Misleading' ISA claims under fire

The retail financial services industry has rejected claims by Industry Super Australia (ISA) that the amended FOFA reforms will see commissions return ...

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Investors must ‘think like central banks’

Investors should be reluctant to sell out of equities given that quantitative easing (QE) will be around for “much longer that most expect”, argues ...

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Active extension funds outperform: Zenith

Active extension funds produced strong results for the 12 months leading to 31 May 2014, according to a Zenith review of the Australian shares ...

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ASFA calls for lifetime contribution cap

The Association of Superannuation Funds of Australia (ASFA) has recommended the government implement a lifetime contribution cap to prevent super ...

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Narev coy on remediation costs

CBA chief executive Ian Narev has refused to put a dollar figure on the bank’s Open Advice Review, but he promised shareholders it won’t be ‘material’

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