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Mixed inflation data keeps August RBA meeting a 'live' one
|Australia's Consumer Price Index (CPI) rose 3.8% in the month of June, down from 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS).
Emerging markets, private assets lift NGS Super FY26 performance
|Emerging markets, commodities and maturing private assets took the shine away from equities, helping deliver nearly 12% p.a. for NGS Super members over the last financial year.
ATO issues guidance on new LRBA rules for SMSFs
|The Australian Taxation Office (ATO) released new guidance for SMSFs affected by the looming limited recourse borrowing arrangement (LRBA) changes for residential property, with the SMSF Association (SMSFA) saying it provides important clarity for trustees ahead of the reform.
Igneo makes three acquisitions, launches energy platform
|Igneo Infrastructure Partners has launched a dedicated Australian distributed energy platform, Vertis Energy, alongside a series of acquisitions that will provide the business with an initial portfolio of 46 MW of solar assets.
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Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Have I got this right? Underlying profit is yet to be announced but is expected to be around $4million. Incentives increase in 6% bands, starting at a 33% increase over the $4 million i.e. $1.2 million increase. The CEO gets $500,000 of that increase in incentives. Wow!!!!! If the company (not the CEO) achieves a $1.44 million increase in underlying profit, the CEO gets $1 million of it, and if the company achieves $1.68 million increase in underlying profit, the CEO gets $1.5 million of it.
If that is right (and I hope I am wrong somewhere here) then that does seem one-sided in the extreme. There are rights that come with ownership that seem to be being ignored.