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Superannuation

Labor launches 6-point super plan

KATE HAGE  |  TUESDAY, 11 APR 2006
The Labor party has announced plans to finetune the nation's superannuation system, targeting lifting retirement income, cutting superannuation taxes and making it simpler for people to consolidate lost super.

Aurora to IPO $150 million buy-write trust

ALEX DUNNIN  |  TUESDAY, 11 APR 2006
Aurora Funds Management (Aurora) is launching an initial public offer for its new listed Aurora Buy-Write Income Trust.

MacarthurCook acquires retail syndicates from PIS

ALEX DUNNIN  |  TUESDAY, 11 APR 2006
Specialist real estate investment manager MacarthurCook Ltd has acquired Arc Funds Management and its property syndicates from the Professional Investment Services.

Market Wrap

AAP  |  TUESDAY, 11 APR 2006
The Australian share market is expected to open firmer and recover some of yesterday's losses as the factors that weighed on the local bourse on Monday have dissipated.

Business costs calculator to help govt implement policy

ALEX DUNNIN  |  MONDAY, 10 APR 2006
Public servants proposing new legislation will be able to use a real life business costs calculator to assess how much their proposals are adding to business costs.

Industry groups ecstatic over red tape rationalisation proposals

ALEX DUNNIN  |  MONDAY, 10 APR 2006
Industry groups are falling over themselves to applaud government proposals to rationalise government red tape.

Future Fund appointee's business cops downgrades from Fitch

HAMISH MADDEN  |  MONDAY, 10 APR 2006
Fitch Ratings has downgraded all funds formerly under the watch of Future Fund board appointee Trevor Rowe's company N M Rothschild and Sons (Australia) (NMRA) following last week's announcement NMRA had offloaded that part of the business to Invesco ...

Market Wrap

AAP  |  MONDAY, 10 APR 2006
The Australian share market is expected to open sharply weaker as softer commodity prices and a poor lead from the US ensure a softer start for the domestic bourse.

Genesys hunts for new Qld firms under BOQ deal

KATE HAGE  |  FRIDAY, 7 APR 2006
Genesys Wealth Advisers (Genesys) has started the search to recruit nine new member firms following the announcement of a new alliance with Bank of Queensland (BOQ).

Super funds to inject $1.5bn more into Aussie hedge funds

An academic survey has predicted that current allocation by many of the top super funds to hedge funds will jump by $1.5 billion in the next two to five years, an increase from the current average allocation of 2.9 per cent to 4.1 per cent.