Personal Finance
Smart Money
Cash alternatives
Term deposits are providing excellent rates of return but advisers note they are not the only fixed-income option available to DIY fund members.
Investors face long winter of discontent
Patience may be the most valuable asset investors have left, 2½ years after many of Australia’s unlisted property funds went into deep freeze.
Portfolio
Radiation threat to Japan GDP
The difference with the current Japanese disaster is the nuclear element.
Another day, another disaster
Much has been made of the recent spate of natural disasters, but unfortunately these are not unusual. Commonwealth Bank of Australia says every year for the past decade there have been between 350 and 550 disasters.
DIYSuper
Cash alternatives
Term deposits are providing excellent rates of return but advisers note they are not the only fixed-income option available to DIY fund members.
MyDIY: Kate Mulligan
Kate Mulligan is not one for stock picking. The managing director of All Star Funds has firsthand experience of the skills of active fund managers and is not about to compete with them.
Disasters highlight tax rule complexity
Natural disasters that hit Australia in the last couple of years highlighted major practical problems for do-it-yourself super funds that own property.
Doubts, opposition to super reforms
It is difficult for the superannuation sector to unite and push for raising the super levy, and there is widespread employer opposition to the increase.
IMF capital control opens can of worms
The US Federal Reserve knows it needs to drive monetary policy around domestic considerations. But it also knows its actions have far-reaching implications.
Swan should be commended for ASX stance
Treasurer Wayne Swan should be commended for blocking the Singapore-Australian stock-exchange merger. National interest was at stake.
Silver Lake doubles production capacity
Silver Lake Resources’ decision to double the production capacity at its Lakewood gold processing facility has fired up its share price.
Gluttons at the R&D feast
Can our politicians resist the temptation to turn the coming research and development boom into a rent seekers’ Grande Bouffe?
Lonsec weighs up small-cap funds
Small-cap funds are not having any easy time – as prudent investors, most are underweight in resources stocks at a time when that sector is driving returns.
Swansong for ASX integration
A deal that was arguably the first step in the closer integration of Asian and Australian capital markets is now dead in the water.
Westfield Trust can’t turn a trick
Westfield Trust, the $8 billion shopping centre owner spun out of Westfield Group last year, has come up with its own unique interpretation of the maxim that no news is good news.
Superannuation
Cash alternatives
Term deposits are providing excellent rates of return but advisers note they are not the only fixed-income option available to DIY fund members.
Compensation fears spark conservatism
Financial planners are being forced to include a margin for error each time they provide advice to clients on how much to put into superannuation.
Managed funds
Collapse in net capital inflow threatens funds
The capital invested by retail investors into managed funds have collapsed in the December quarter, threatening the health of the wealth management industry.
Cadence aims to get the rhythm right
Lance Armstrong’s feats on the cycling circuit have proved a source of inspiration for one top-performing fund manager.
Pensions & annuities
Retirees want early warning on rates
The federal government has yet to confirm whether it will extend relief on pension rates for self-funded retirees, raising concerns that people won’t have enough time to get their affairs in order.
Foreign briefs
Industrial & Commercial Bank of China, the world’s largest lender by market value, predicts credit might expand at the slowest pace in three years after posting profit growth last year of 28 per cent – more than expected. Chairman Jiang Jianqing said ICBC planned to advance at least 820 billion yuan ($US125 billion) of new loans this year, increasing its outstanding credit by 13.2 per cent.