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Survey: financial planners should act in our interests by law

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A MAJORITY of Australians would be more likely to see a financial planner if they were required by law to act in the best interests of their client, a new survey has found. The federal government is still to decide how it will reform the controversial practice of commissions, where
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TCCI searching for source of leaked financial info

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Tasmania's Chamber of Commerce and Industry wants to track down who is leaking internal financial information to the media. The Chamber has confirmed its Board discussed a review of staff numbers and the sale of its headquarters in North Hobart , at a meeting yesterday. But the
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TCCI searching for source of leaked financial info

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The Chamber has confirmed its Board discussed a review of staff numbers and the sale of its headquarters in North Hobart, at a meeting yesterday. But the group's new CEO, Robert Wallace, has denied the Chamber is in financial trouble. He says information being leaked is only telling part of
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Tourist operators more confident about future

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By Jessica Mawer Map: Brisbane 4000 A business sentiment survey by the Tourism Transport Forum (TTF), shows some operators are expecting more international visitors to Queensland this year, as the world's economy recovers. TTF executive director Brett Gale says while the
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Turmoil fans bear market fears

Australia's benchmark ASX200 share index extended its recent falls, losing almost 3 per cent - or more than $30 billion in value - by early afternoon trading, slipping to hit a five-month low. The Australian dollar also touched levels close to the lowest in a half a year. While the index is

Summers Says U.S. Economic Rebound to Strengthen in Six Months

Feb. 4 (Bloomberg) -- White House economic adviser Lawrence Summers expressed confidence the economic recovery will strengthen in the coming months and the U.S. will soon see growth in employment. Summers added the nation is not “too far” from the beginning of a rebound in jobs. He said

Summers Says U.S. Economic Rebound to Strengthen in Six Months - Bloomberg.com

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Feb. 4 (Bloomberg) -- White House economic adviser Lawrence Summers expressed confidence the economic recovery will strengthen in the coming months and the U.S. will soon see growth in employment. Summers added the nation is not “too far” from the beginning of a rebound in jobs. He said
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No end in sight

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Meetings are continuing with workers, contractors, and unions over Woodside's Pluto project Map: Karratha 6714 A number of meetings have been held between the various parties involved over the past week in a bid to resolve the disagreement over workers' accommodation
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TCCI welcomes interest rates hold

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The Reserve Bank unexpectedly decided to leave rates at 3.75 per cent, after successive rises in October, November and December. The TCCI says the decision will help the state's economy recover from the global financial downturn, and give businesses the confidence to expand and employ more
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Geithner Maintains Support for Strong Dollar, Lower Deficits

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By Rebecca Christie “That particular phrase and commitment of policy was first written in my office at the Treasury Department in 1995,” Geithner said today, when asked about the currency during a Senate Finance Committee hearing. Geithner said he agreed that the U.S. needs to show
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