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Showing 191 - 200 of 489 results for "Bonus"

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
Australia's largest financial institutions still remunerate senior executives in a way that encourages risk-taking and undermines long-term financial health - but RSE licensees may be doing a better job than their peers, APRA said today. The findings ...

Shuttering dividend cash loophole to hit SMSFs

KARREN VERGARA  |  TUESDAY, 13 MAR 2018
... purpose of dividend imputation was to reduce tax paid, and now individuals - many wealthy individuals - were getting a cash bonus, Labor said. Australia incidentally is the only OECD country with a fully refundable dividend imputation credit system - ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
Australians, all, will find out if overall wages in the domestic economy has run faster, slower or continue to mark time when the Australian Bureau of Statistics (ABS) releases its Wage Price Index report for the December 2017 quarter today. Consensus ...

2017 AGMs less tumultuous: ASIC

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... companies to announce pay hikes. As CNBC reported late last month, "Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut ...

CBA avoids board spill

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
CBA avoided a board spill after the majority of shareholders voted in favour of the remuneration report that was overhauled hot on the heels of AUSTRAC alleging the bank breached anti-money laundering laws. About 92% of shareholders approved the remuneration ...

BEAR has 'teeth': Treasurer

KARREN VERGARA  |  MONDAY, 30 OCT 2017
Bank executives and directors who breach their obligations under the Banking Executive Accountability Regime will face much tougher penalties and consequences, Treasurer Scott Morrison warns. Morrison told the Financial Services Council and BT Political ...

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
The Commonwealth Bank is standing by the way it rewarded bonuses to senior executives between 2015 and 2016, the period it was made aware of potential anti-money laundering and counter-terrorism law breaches, a public inquiry has found. Commonwealth ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
Back in the day - in the 1990s - when I still had a full head of hair, we placed great importance to the Fed's Beige Book report for it was up there with major indicators like employment and inflation that spark major market movements. The US Federal ...

Labor takes aim at executive pay

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... Australian Post chief executive Ahmed Fahour received a salary of $5.6 million in 2016 ($4.4 million salary and $1.2 million bonus), and a retirement payout of $10.79 million. Under current Federal disclosure rules, amended by the Abbott government in ...