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Showing 221 - 230 of 935 results for "Incentive"

Lendlease CFO leaves for competitor

KANIKA SOOD  |  THURSDAY, 26 NOV 2020
An $11 billion market cap property giant has hired Lendlease's chief financial officer as its next chief executive and managing director. Stockland has named Tarun Gupta to the role, effective 1 June 2021. Gupta succeed Mark Steinert who has held the ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
One in five Australians who received the JobKeeper payment would not have stayed employed this year without it, according to a research paper from the Reserve Bank of Australia (RBA). The Morrison government announced a series of fiscal measures at ...

Business tax expanded to big corporates

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... the government will also allow businesses to opt-out of temporary full expensing and the backing business investment incentive on an asset-by-asset basis. "This change will provide businesses with more flexibility in respect of these measures, removing ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

Industry fund introduces tax incentive

KARREN VERGARA  |  TUESDAY, 17 NOV 2020
A profit-for-member super fund is providing a tax rebate for members who choose an account-based pension. Intrust Super's introduction of the Pension Transfer Bonus (PTB) is aiming to help members increase their retirement balances if they choose ...

Culture creates better outcomes: Research

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... how culture works for them, followed by increasing the weighting of culture in performance management reviews and in incentive compensation. Lastly, senior leaders have the ability to guide culture by personal example." But the biggest cultural issue ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Challenger's company-wide salary freeze wasn't enough to appease shareholders, who delivered a first strike against its executive pay yesterday. Of the total votes cast, 28.25% were against adopting the remuneration report, meaning it was approved ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... performance, they will be forced to identify when investment teams are the reason behind that underperformance. This will be an incentive for funds to identify underperforming external investment managers or in-house investment team members and fire ...