The Commission found some super funds treat people very badly, but it was prevented from examining the idea of superannuation. Productivity Commission

The Productivity Commission inquiry was just the start. It’s time for a broader review of super and how much it is needed

The Productivity Commission was only permitted to examine the efficiency of the super system. A quarter of a century on, it’s time to examine the design of the system and who it helps and hurts.
Should companies with large cash reserves buy back shares from investors? It’s not that simple. EPA/Gino Domenico

Explainer: are share buybacks good for investors?

Only a few hours after announcing he had purchased nearly US$2.5 billion of Apple shares, investor Carl Icahn was demanding the company buy back US$150 billion of its own shares. Now the company has done…
The share market is often driven back into the black by canny investors looking for a bargain. AAP

Global economic shakeout: the zig‑zag market heralds nasty times ahead

After falling by almost 20% in week-long sell-off, the Australian share market has bounced back and began trade today up more than 3.5%. The market’s recovery follows a strong comeback on Wall Street overnight…

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