Mercedes


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If you want to be a millionaire, it's better to be a software engineer than a pro athlete

12 February 2017 | Business Insider

In 2016, Cleveland Basketball great LeBron James made over $US77 million between his pay ($US23 million) and endorsements, Forbes reports. New York Giants quarterback Eli Manning made $US45 million, and LA Dodgers pitcher Clayton Kershaw made $US32 million.

There’s no question being an elite pro athlete pays very, very well.

 


Buyers snap up properties in Sydney and Melbourne weekend auctions

12 February 2017 | AFR

A mildly elevated level of stock in Sydney and Melbourne was not enough to satisfy cashed-up buyers, as the usually quiet months of January and February kicked off with strong clearance rates.

The clearance rate in Sydney hit 84.8 per cent while Melbourne's rate reached 75.4 per cent, according to Corelogic's preliminary tally. Domain's numbers were similar at 84 per cent for Sydney and 79 per cent for Melbourne.


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.


IMF warns on house prices and negative gearing

11 February 2017 | AFR

Negative Gearing

The International Monetary Fund has urged Australia's regulators to double down on their efforts to ensure the nation's banks are resilient enough to "withstand a significant housing market correction" while raising concerns that negative gearing is pushing property prices to extremes.



Franchise: be your own boss but know the terms

11 February 2017 | AFR

Franchising is making a big comeback for Australians seeking new careers, returning to the workforce or simply discovering a chance to do something different in jobs ranging from making cheese cakes to managing construction sites.


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.


Millennials may need to double how much they save for retirement

27 January 2017 | Washington Post

Saving

The projections are in and Wall Street analysts have pretty low expectations for how the stock market will perform this year.


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Mercedes


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