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Superannuation

Daily Economic Round Up

BY PETER BELL | WEDNESDAY, 15 NOV 2006 11:00AM

The pay packets of management are back in the spotlight with news that the average salary of chief executives in Australian chief executives has risen by about three hundred per cent over the last couple of decades and that within the top 50 companies it is now 70 times average earnings versus the 20 times multiple of twenty years ago.

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Editor's Choice

ASX launches first Australian bond and credit index futures

VINNY VUCAGO | 12:45PM

ASX has launched Australia's first exchange traded bond and credit index futures, giving institutional investors a new way to manage exposure to the domestic fixed income market.

Second bidder emerges for Equity Trustees

MATTHEW WAI | 11:45AM

Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer.

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI | 11:36AM

HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30.

AMP North appoints head of strategic growth

RIDDHIMA TALWANI | 12:20PM

AMP North has appointed Emma Kirk as head of strategic growth, marking her return to the financial services giant after two decades.

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