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Businesses asked to participate in international tax treaties: Coonan

... with the eight MFN countries will provide an opportunity to update the existing treaty with each country to accommodate modern business practice and treaty policy where necessary. The consultation process (with businesses) is designed to ensure that ...

New tax amendment to strengthen investment ties with Malaysia: Coonan

Senator Helen Coonan, the assistant treasurer and minister for revenue, has today announced the amendment to a double taxation agreement with Malaysia, which will see investment and trade relations between the two countries strengthen. "The signing ...

ABS announces a 0.6% increase in the September quarter's CPI

... expected. Recreation saw a drop in its CPI due to the stronger dollar and cheaper overseas travel and also the fact that modern computers and DVDs constantly have prices that spiral lower." Michael Thomas, senior economist at ICAP, has said that the ...

ACCI endorses RBA chief's comments on labour market reform

... Australians and the level of underemployment remains over 13%," it said. The ACCI said the Governor's comments reflect its Modern Workplace policy blueprint, which highlight what measures can be taken to improve the labour market. "Although labour market ...

Healthcare expenditure at record highs: OECD

... at a record high, with the bulk of that spending largely due to the rising cost of pharmaceuticals and the diffusion of modern medical technologies. The OECD's latest Health Data 2003 report on the matter shows that healthcare expenditure for 30 OECD ...

Promina rebrands Royal & SunAlliance as Asteron

... Financial Services will be rebranded as Asteron from July 1. "Our new name and brand identity are designed to reflect a modern, dynamic financial services organization, which is committed to providing security and stability for all our clients," said ...

Abacus buys Victorian industrial property for $11.1 million

... at Redwood Gardens Industrial Estate, Dingley, Victoria for $11.1 million. The 39,760 square metre site contains three modern buildings providing over 18,000 square metres of office/factory/warehouse facilities and parking for approximately 274 cars. ...

Campbell sees greater protective role for CFOs

An important role of the modern Chief Financial Officer (CFO) in corporate life is to rein in overly aggressive, high risk Chief Executive Officers (CEOs), according to Senator Ian Campbell, the Parliamentary Secretary to the Treasurer. Campbell said ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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