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Showing 51 - 60 of 139 results for "Strip"

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
The Australian consumer is back! He, she, it, they have opened their wallets and went on a shopping binge. This, at least, is what one would conclude after seeing the Australian Bureau of Statistics' (ABS) report revealing that retail sales surged by ...

ATO warns SMSFs about risky arrangements

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
The Australian Taxation Office issued a stark warning to self-managed superannuation fund members about entering risky retirement planning arrangements that could potentially be illegal. ATO deputy commissioner James O'Halloran urged SMSF trustees to ...

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 ...

SSGA fund divests tobacco and weapons

KARREN VERGARA  |  TUESDAY, 12 SEP 2017
A State Street Global Advisors Australian-based fund with about $900 million under management is divesting from weapons and tobacco companies. The State Street Global Index Plus Trust, which invests in global companies and aims to outperform the MSCI ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Commonwealth Bank chief executive officer Ian Narev and fellow group executives have been stripped of short-term bonuses ahead of tomorrow's financial results. The decision, made by the CBA board in a meeting yesterday, was reached following consideration ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... regulatory measures to increase the accountability of senior executives within such institutions, including the ability to strip bonuses. The measures were labelled as a tax on the economy by Australian Bankers' Association chief executive Anna Bligh ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
New reporting measures to increase accountability for authorised deposit-taking institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over ...

Retirement income opportunities begin early

DARREN SNYDER  |  FRIDAY, 16 SEP 2016
... alienating for consumers and we need to be much more rigorous about talking about super in plain English because when you strip it right back there are some really simple messages about super that everyone needs to understand but we don't make it easy ...

Alternatives delivering for infra and PE

DARREN SNYDER  |  THURSDAY, 23 JUN 2016
Strip infrastructure and private equity out of superannuation funds' alternatives investments and the asset class struggles to deliver its current growth-like returns. This is one of the key pieces of analysis provided by Frontier Advisors at its annual ...