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CBA unit BankWest set to axe negative gearing tax breaks

13 February 2017 | AFR

Bankwest is set to rock the $1 trillion mortgage market and more than 1.5 million property investors by axing negative gearing benefits that drive lucrative residential property investment, particularly in Melbourne and Sydney.


Reuniting owners with $2.7b lost funds

12 February 2017 | ABC

Superannuation

A peak superannuation body is calling on the Federal Government to take more responsibility in helping reunite Australians with billions of dollars in unclaimed super.

The Association of Superannuation Funds of Australia (ASFA) estimates the Australian Taxation Office (ATO) is currently holding an estimated $2.7 billion from more than 4 million unclaimed super accounts.

 


NAB launches campaign to poach disaffected Commonwealth Bank property borrowers

11 February 2017 | AFR

NAB

National Australia Bank has implicitly accused Commonwealth Bank of Australia and BankWest of losing their lending appetite and launched a campaign to poach property borrowers disaffected by their indefinite suspension of some lending.


Wall Street hits all-time highs on Trump optimism

11 February 2017 | AFR

WallStreetTrump Wall Street's main stock indexes rose to fresh all-time closing highs on Friday as a spike in oil prices supported energy shares and investors renewed their optimism about President Donald Trump's economic agenda.


Domino's needs to face up to itself

11 February 2017 | The Age

Since 1987 when he started delivering pizzas, his success has been the stuff of dreams, from a pizza delivery driver in 1987 to the top executive at the biggest pizza chain in the country. Along the way he has made a lot of people – including himself – a lot of money.


Wage fraud: Pizza Hut hit with fines

08 February 2017 | The Age

Pizza HutIf there was any doubt that wage underpayment is thriving in the $170 billion franchise sector take a look at Pizza Hut, where delivery drivers have been forced into sham contracts and paid as little as $5.70 a delivery.


NAB and Bankwest forced to repay customers: ASIC

08 February 2017 | SMH

NAB Troubles

National Australia Bank's wealth arm has been forced to pay $36.5 million to its customers, after wrongly charging fees to superannuation fund members and wrongly denying insurance claims.


No Dow 20000 Yet, but Bitcoin Gets Its Milestone

04 January 2017 | WSJ

bitcoinWith trading volumes rising and some countries making large cash payments more difficult, higher demand has pushed the bitcoin price up


What we learned this week 6 June

05 June 2015 |

learn
Half the population will not have enough, property caution, investing in China, global growth to slow, property bubble.

 


What we learned this week 29 May

29 May 2015 | Staff reporter

learnSuper tax benefits exaggerated, discretionary trusts to be targeted by ATO, advisers and accountants preferred, 1 million SMSFs, Australian recession, why Chinese buy Australian property.


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