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23% of Singapore’s wealthy plan to move abroad in next 5 years: Survey

16 September 2014

Channel News Asia However, the Barclays Wealth Insights survey says Singapore itself has become increasingly recognised as an migration hotspot for wealthy individuals from other countries. PHOTOS ENLARGECAPTION SINGAPORE: A new survey reports that 23 per cent of Singapore’s wealthy are planning to move abroad in the next five years. This [...]

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Posted in Daily News, News

Australia’s house prices second-highest in world: BIS

15 September 2014

The Age September 15, 2014 – 11:09AM Mark Mulligan Australian house prices are among the world’s most expensive when measured against incomes and rents, according to the Bank for International Settlements, but it also finds real price growth in the country has been flat once adjusted for long-term trends. According to the BIS’s [...]

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Posted in Daily News, News

Melbourne becomes the city of soaring skyscrapers – and the envy of Sydney developers

15 September 2014

The Age 15 September 2014 Shane Green Melbourne is being transformed into a city of giants, with more than 20 new skyscrapers taller than 200 metres being constructed or planned. In a breathtaking transformation of the city’s landscape, developers are taking Melbourne to new heights, with the latest addition the bronze Prima Pearl tower at [...]

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Posted in Daily News, News

There’s no surprise in the fall of iron or the AUD- Most predictions fail

13 September 2014

The Age 12 Sept 2014 Scott Phillips There is no shortage of ‘talking heads’ – on television, radio or in print – prepared to make financial predictions. That’s largely because we readers love them. There’s something about the (false) certainty of a prediction that serves to reconfirm our own biases and expectations, w [...]

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Posted in Daily News, News

Australian dollar: Is this the change we’ve been waiting for?

12 September 2014

The Age 12 Sept 2014 Vesna Poljak Senior markets reporter As currency traders, economists and analysts dissect the worst week for the Australian dollar since June 2013, there is one key question to be answered: Does the local dollar’s dramatic drop signal the inflection point the market has been waiting for all year? The currency [… [...]

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Posted in Daily News, News

Unemployment drops to 6.1 per cent

12 September 2014

The Age September 11, 2014 Mark Mulligan and Misa Han Australia’s unemployment rate dropped to 6.1 per cent in August, after the labour market added a massive 121,000 jobs – a number that sparked an incredulous response from market analysts and economists. The figures, which were much better than expected, follow a surprise spike in [...]

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Posted in Daily News, News

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