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| | | ... received $11.12 million and BHP's Mike Henry received $10.46 million. "Common to all chief executives with realised pay above $20 million in FY21 and consistent with prior years, was the vesting of large equity grants accompanied by very strong share ... |
| | | | ... higher risk of recession before the potential relief of a soft landing," it read. Historically, when inflation has risen above target, the amount of central bank tightening delivered to bring down price pressures results in a recession roughly 80% of ... |
| | | | ... his forecast, any fall from that high rate could be regarded as 'towards' 2-3%, but inflation could still be well above the RBA's target band." Firetrail head of investment strategy Anthony Doyle said: "With inflation likely to remain above ... |
| | | | ... specific interests via personal borrowings. In doing so, ASIC found that Ruthenberg failed to prioritise his clients' interests above his own when recommending they invest. Further, the high-risk nature of the investment did not match his clients' risk ... |
| | | | ... greater certainty of future premiums." Income Assure provides an income replacement ratio of 70%, with tiering for incomes above $150,000. Income Assure+ provides a ratio of up to 90% for six months post-claim if customers select the 'booster' ... |
| | | | ... FAQ about why its product was 'underperforming' by referring to its performance against its own percentage return above inflation target, and without reference to the test." Other issues raised by ASIC related to ongoing disclosure and included ... |
| | | | ... limited scope advice to meet the BID. There should also be limits applied to ASIC's ability to "mandate obligations that go above the law through either legislative instruments or regulatory guidance", it said. "If work is done to address the issue with ... |
| | | | ... SMSFs established in the March quarter, 32% had incomes between $0 - $60,000, 46% in the range of $60,000 to 150,000 and 20% above $150,000. The remaining data was labelled as unknown. A quarterly SuperConcepts investment survey has also found that compared ... |
| | | | ... low-paid while seeking to constrain inflationary pressures." The modern award minimum wage will also rise by 4.6% for wages above $869.60 per week, wages below will receive an increase of $40 per week. The most significant changes since last year's ... |
| | | | ... was a "very serious failing of corporate governance and an example of a financial corporation putting its own interests above those of its investors". All the members' estates have been remediated, ASIC noted. "This is the first criminal prosecution ... |
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