Daily economic round-upBY PETER BELL | WEDNESDAY, 30 AUG 2006 12:40PMThe Australian automotive industry continues to struggle with the latest figures from the Federal Chamber of Automotive Industries showing that, following the reduction in tariffs to 10 per cent from 15 per cent in January 2005, locally made light cars are now about $1,500 more expensive than their imported equivalents. |
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HESTA returns 9.1% to members
|HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year.
Advent International lands in Australia, names MD
|Global private equity firm Advent International has set up shop in Australia, tapping the managing partner of Anchorage Capital to spearhead its growth ambitions.
Channel Capital, Arnott Capital set up strategic partnership
|Channel Capital and Arnott Capital have formed a strategic partnership to support business growth and optimise operational efficiencies.
RBA minutes confirm potential August rate hike
|The RBA board discussed the case to hike and hold the cash rate in June.
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Shail Singh
LEAD OMBUDSMAN INVESTMENTS AND ADVICE
AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY
AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY
To be successful as Australian Financial Complaints Authority's (AFCA) lead ombudsman for investments and advice, one requires empathy, impartiality, and rationality. Shail Singh shares how he also uses legal and financial advice expertise to help consumers, small businesses, and member firms. Karren Vergara writes.