News Round Up: July 25

Debate over timing of OCR increases; Lessons from Armitage v Church; Accuro secures third Consumer recommendation; More market analysis (with correct link).

Sunday, July 24th 2011, 3:25PM

Debate over timing of the next OCR hike hots up
A www.goodreturns.co.nz survey of 12 economists showed while none are expecting a hike in the official cash rate (OCR) this week, two are now saying the hike could come as early as September and only two now expect Bollard to hold off until March next year. Seven are picking a December hike and the remaining one expects it to come some time in the December quarter. [Read details here]

Lessons from Armitage v Church
Chapman Tripp have reviewed the important Armitage v Church case. It says there are five practical lessons advisers can take from the judgment. Read what they are here.

Also the case is reviewed in the latest issue of ASSET Magazine. Our article details the case and also has comment from the IFA detailing lessons for advisers, plus its view on the judgment.

Accuro secures third Consumer recommendation
Consumer has recommended Accuro's range of SmartCare products for third consecutive year, "an exceptional result," according to Accuro chief executive Bruce Morrison.

Consumer's June edition recommended Accuro as "Providing the best cover" and having reasonably prices premiums across all the categories measured in its Annual Health Insurance Consumer report.

Morrison said the result was "confirmation that Accuro strives to provide the best cover for its members at the best possible cost."

More market analysis (with correct link)
We have a few new developments under way here at Good Returns. One of the things that we will be doing is providing more expert commentary on what is happening in investment markets. Each month we will have comment from Harbour Asset Management. In this month's piece (which you can read here) Harbour discusses Australasian markets and strategy.

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