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Wagging the giant doggie

BENJAMIN ONG  |  TUESDAY, 17 JUN 2014
Tensions continue in Iraq (has it ever gone away?), Russia's building up troops on Ukraine's border (38,000 and counting according to Ukraine) and the IMF has just released fresh forecasts for the US economy (crystal ball now shows growth at a flat ...

High earners to pay more tax soon

AAP  |  MONDAY, 16 JUN 2014
... The government wants its legislation passed in the next fortnight of sittings so the tax increase can apply from July 1. The top tax rate, which applies to any income earned over $180,000, increases from 45% to 47%. Opposition Senate Leader Penny Wong ...

Market wrap

AAP  |  MONDAY, 16 JUN 2014
... closed in the red, with airlines hit hard by higher oil prices caused by spreading unrest in Iraq. London's FTSE 100 index of top companies sank 0.95 per cent to close at 6,777.85 points, weighed down also after Bank of England governor Mark Carney hinted ...

Future Fund names new managing director

JAMES FERNYHOUGH  |  FRIDAY, 13 JUN 2014
... been chief investment officer of the Future Fund since July 2007, was the favourite to succeed Mark Burgess, who left the top job in February. Prior to joining the Future Fund, Neal was head of investment consulting with Watson Wyatt Australia. Chief ...

Market Wrap AM

AAP  |  FRIDAY, 13 JUN 2014
... narrowly mixed as disappointing US retail sales and unemployment data failed to lift sentiment. London's FTSE 100 index of top companies edged up 0.06 per cent to 6,843.11 points, while Frankfurt's DAX 30 shed 0.11 per cent to 9,938.70 points, and the ...

Mother's Day Classic raises $4.5m for breast cancer

JAMES FERNYHOUGH  |  THURSDAY, 12 JUN 2014
... place was industry fund HOSTPLUS, raising almost $23,000. ME Bank, Cbus, UniSuper, MTAA and Superpartners were all in the top 20.

MDA provider appoints lawyer to senior role

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
... Securities Exchange (ASX). The owner of managedaccounts.com.au has appointed Jillian McGregor for her experience working in mid and top tier Australian law firms. She started in her new role on June 5, and previously held senior positions at law firms ...

Australia among the big guns in millionaire stakes

MARK SMITH  |  WEDNESDAY, 11 JUN 2014
... economic powerhouses of the US, China and Japan (the three largest economies by gross GDP respectively). Rounding out the top five were the UK and Switzerland. The other countries ahead of Australia in descending order were Germany, Canada, Taiwan, Italy ...

CBA brings in foreign expertise for board

AAP  |  TUESDAY, 10 JUN 2014
A top Asian banker and the Australian businessman behind the construction of London's 2012 Olympic venues are joining Commonwealth Bank's board. Shirish Apte, a former chief executive of Citi Asia Pacific, will join as a non-executive director on June ...

Finding alpha in ESG

MICHELLE BALTAZAR  |  FRIDAY, 6 JUN 2014
... 'Best Piece of ESG Research by an individual analyst or team'. Her paper, "Unburnable Carbon - A Catalyst for Debate" won top marks across all judging criteria, with one judge commenting its practical relevance on ASX-listed companies. This year, it ...