Daily economic updateTUESDAY, 18 APR 2006 12:52PMOil topped US$70 a barrel and continues to hover around this level as geopolitical concerns remain very high in Iran and Nigeria. China's strong growth adds to concerns over a global supply shortage. |
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Vanguard Super lowers fees
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market.
Chief member officer leaves Insignia Financial
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.
Super for housing 'economically reckless': SMC
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings.
Treasury shakes up foreign investing framework
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent".
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.