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| | | A coalition of international fund managers, pension funds and super funds representing more than $1.7 trillion have written to 21 major companies urging them to improve their disclosure of bribery and corruption risks. The investors asked companies ... |
| | | | With the uproar surrounding the government's proposed 'mining super profits' tax, a less controversial solution may be putting mining royalties directly into an Australian sovereign wealth fund. Speaking on the ABC TV discussion program Q&A this week ... |
| | | | ... the $700 million annual commitment is not enough to make a major impact on the country's resource industry. "Port Waratah Coal Services is spending $700 million just to expand their coal load to 20 million tons. Now, $700 millions in terms of what Australia ... |
| | | | Luke Hartsuyker, opposition spokesperson for superannuation and corporate law, has labelled fee-for-service advice fees no better than commissions and said they wouldn't fix conflicts of interest. Hartsuyker made the statements while attempting to attack ... |
| | | | Joe Hockey, shadow treasurer, vows to review the Financial Services Reform (FSR) should the Coalition win the next election. Speaking at the Association of Financial Advisers (AFA) forum this month, Hockey said the FSR legislation was not implemented ... |
| | | | Axe the constraints, boost innovation - the shadow minister for superannuation, Luke Hartsuyker, said the Government should be encouraging innovative investment strategies from trustees, rather than limiting investors to standard investment choices. ... |
| | | | ... Sydney with the company's former managing director, Eddy Groves, expected to continue his evidence. Rio Tinto subsidiary Coal and Allied Industries Ltd holds its annual general meeting (AGM) in Sydney on Friday, following the parent company's AGM in ... |
| | | | Australia's superannuation market will be closed to new entrants under proposals by the Super System Review (SSR) that could effectively shut down competition, entrench incumbents and force small funds to merge. The proposals are in the review's MySuper ... |
| | | | ... resources sector, global miner BHP Billiton advanced 53 cents to $44.43, while Rio Tinto added $1.36 to $80.83. Gloucester Coal eased one cent to $12.19 as its independent directors continued to recommend that shareholders accept a takeover proposal ... |
| | | | ... Australia Ltd, inter alia. There are no company events items scheduled for Monday. A general meeting of shareholders in Macarthur Coal Ltd, scheduled originally for Monday in Brisbane to consider the company's bid for Gloucester Coal, has been deferred ... |
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