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Janus Henderson acquires NBK Wealth, Tabula Investment Management
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
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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.
Joe Hockey is going on about ways to increase tax revenue, but in one foul swoop the John Towbridge report has just handed a massive windfall to the high revenue, low profit, low income, and low tax paying corporates(banks & industry funds).
The government will now lose billions in revenue from the small business that will be wiped out by this slash and burn exercise run by the banks and industry funds against their competitors. Again Joe Hockey fails to protect small business owners, and inadvertently has damaged the countries future tax take in the process.
CBA, NAB, Suncorp, and Industry fund bosses are frothing at the mouth and rubbing their hands together with this latest report from John Trowbridge. It's one of the biggest windfalls these corporates have received in years. With all these companies ramping up 'direct insurance business models' and 'offshore call centres' it must feel like Christmas has come early for them.
It seems that the government won't be happy until we are all working as highly educated 'call centre workers' or as 'check-out operators'. What fools our government representatives are.
They are all pandering to the wrong people. The Corporates don't pay tax or create more jobs. They decrease jobs (offshoring, automation), and minimise their tax. It seems the federal government sees Utopia as a McDonalds & Subway on every street corner, and endless suburbs built around our new churches(i.e. Westfields, Woolies & Coles). What a boring country we have become. We are almost a cardboard cut-out now of the U.S. heading for the same problems they have.
As for the ACCC, who are these people? I think we need a new 'Anti-competition' watchdog. One that actually isn't in the pockets of the corporates and is actually awake.
Joe Hockey show small business that you aren't corrupted by these 'corporates'. Stand up for the small business owner.
Have you forgotten where you came from?