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| | | The Australian market looks set to open lower after weak US employment figures late last week. At 0750 AEST on Monday, the June share price index futures contract was five points lower at 4,890, with 5,092 contracts traded. The Dow Jones Industrial ... |
| | | | The chief executive's of a number of major ASX100 companies have seen their pay drop due to lower incentive payments during financial year 2011-12, Citi research has found. Even though the decreases have not been in all companies, chief executives of ... |
| | | | Australians with superannuation balances over $2 million dollars face losing key tax concessions, Treasurer Wayne Swan and Financial Services and Superannuation Minister Bill Shorten announced this morning. Starting July 1, 2014, all new earnings on ... |
| | | | The announcement of changes to the superannuation taxation system this morning has ended speculation, allowing savers and voters to focus on the future, the Association of Superannuation Funds of Australia (ASFA) said. Treasurer Wayne Swan and Minister ... |
| | | | The Minister for Financial Services and Superannuation Bill Shorten indicated that Labor plans to "improve" super at the sixth Super Roundtable held yesterday as part of the Gillard Government's reform agenda. Shorten hosted the roundtable that brought ... |
| | | | Centrepoint Alliance has appointed John de Zwart as chief executive and managing director, replacing the retiring Tony Robinson. The financial services firm said Robinson was stepping down after four years with the company to focus on personal business ... |
| | | | Australian stocks have opened weaker, with mining companies posting the largest falls amid broad based declines. Baillieu Holst director Richard Morrow said the local market fell in line with a disappointing night on offshore markets, where the Dow ... |
| | | | Treasurer Wayne Swan has announced that Wayne Byres will become the chair of the Australian Prudential Regulation Authority (APRA). Byres became the first Australian to be appointed secretary general to the Basel Committee on Banking Supervision, the ... |
| | | | Modifying superannuation six months before an election is not helpful, but super does need to change on the long term, according to the Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia. Garcia, who took over the role ... |
| | | | The recovery in super fund returns is continuing with the SelectingSuper Workplace default option index climbing again to a 34-month high of 12.6% by end February 2013. Super fund returns over the past year are now so strong that they are three times ... |
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