Bidding War Sparks over Hastings Diversified
Hastings Diversified received a ‘cast-and-scrip’ offer from the APA Group. This came when the Australian Competition and Consumer..
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Banks in Australia Look to Superannuation for Profit Growth
Australia’s four biggest banks are looking into superannuation assets for profits that should help see through its growth for the..
First State Super Withdraws Investment in Tobacco Companies
First State Super, a superannuation fund, has removed from its portfolios companies that are involved in the manufacture and marketing of..
Good News! More Aussies Are Now Buying
Good news for retailers. The latest statistics from the Commonwealth Bank show that consumer spending has hit its highest in the last four..
Australian Shares Down
In Wall Street, US stocks were showing great improvement with reports on positive earnings. The Federal Reserve has also informed the..
Australian Dollar Poses Strong Numbers For 10 Weeks Running
For 10 consecutive weeks, the Australian dollar has been performing better compared to a sagging Euro. Overnight, the dollar traded to..
Superannuation Fund Off-Market Transfers Amendments Delay
The implementation of a ban on off-market transfers in relation to superannuation funds has apparently been delayed to July 1, 2013 instead..
‘Sex on the Job’ Case Takes an Odd Turn
Justice John Nicolas has overturned the decision of Comcare and decided to compensate the public servant who figured in a ‘sex on the job..
Don’t Cheat! Present Your Receipts!
Some Aussies have been found to try weird ways to claim tax deductions. These range from presenting Valentine’s Day cards to children’s..
ATO Keen on Enforcing Aggressive Tax Evasion Measures against Cafe Operators
The Australian Tax Office (ATO) has issued a warning directed at operators of cafe and coffee houses in Australia in relation to their..
