Orica (ASX: ORI) will defend court charges relating to 279 offences, including the release of contaminants from its sodium cyanide plant in Queensland, brought by the minister for environment and heritage protection Andrew Powell. The alleged offending conduct contravened the Environmental Protection Act and includes: releasing contaminants in excess of licence limits; failing to notify […]
Read MorePlanning your retirement? Do you really understand where your Super funds are invested?
You probably want to take a more conservative approach as you head towards retirement, especially given recent market performance. What if you were told that three quarters of your Super was invested in shares and property? Unless you’ve chosen otherwise, that’s probably where your ‘Core’, ‘Balanced’ (or similar) default option lies. If you’re a member […]
Read MoreWhy GESB Super Members are leaving after March 30, 2012
GESB Super members are queuing up to leave the fund after 30 March, 2012. Are you one of them? From 30 March, 2012, GESB’s 320,000 members will have choice of super fund – a right that other Australians have had since 2005. Howard Rosario, Chief Executive of the fund, has been quoted as saying he […]
Read MoreIncome Protection for FIFO Mining/Oil & Gas workers
Are you a fly in fly-out (FIFO) worker in WA? Traditionally, getting adequate personal insurance has been difficult, once you explain that you work on the mines or in the oil & gas industry. Thankfully, many insurers are now updating their occupational ratings to allow greater cover for more workers. It makes sense for FIFO workers […]
Read MoreFinancial Planning for Families
Too often these days families are confused by what Financial Planning really means….and who could blame them – most of the ads on TV or in the newspaper are produced by Banks or Industry Super funds trying to do one thing – sell their own products! Most families want simple strategies to sort out their financial […]
Read MoreSuperannuation for Women: be your best super-woman
An important media release relating to superannuation for women was issued yesterday. JustInvest have been offering specialist advice in this area for many years – see our page on financial well being for women: http://www.justinvest.net.au/for-women/ On the eve of International Women’s Day, ASIC today reminded Australian women to start planning early for their financial future. Research shows the […]
Read MoreBusiness outraged by anti-coal campaign: Responsible investors not affected
Today’s article on the front page of the Australian Financial Review reports that coal miners are under ‘Green attack’. Coal Miners such as BHP and Rio Tinto are not happy about the approach, the latter describing it as ‘economic vandalism’. The article: http://www.afr.com/p/national/business_outraged_by_anti_coal_campaign_O09SRiOhlOTYeUJZr9CkXO What is the real issue here for investors? Capital loss? Poor returns? Whether […]
Read MoreSuper Secrets Unmasked: Breakthrough on Disclosure for Super funds
In breaking news today, ASIC Chairman Greg Medcraft has had an amazing insight: investors actually want to know where their money is invested!!! See: http://www.afr.com/p/national/super_secrets_unmasked_wZwYJwpcpVui15DWhY4BtJ Let’s not be concerned that Mr Medcraft is claiming an idea that Responsible Investment Advisers (such as ourselves) have been raising for decades. The fact is that this is a necessary […]
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