As Senior Editor at Business News, Mark Beyer has a wide-ranging brief to research, analyse and report on the issues, trends and personalities affecting the business community in Western Australia. Mark has 35 years' career experience, primarily in business journalism. He joined Business News in 2002 and previously worked for The Australian Financial Review and The West Australian, and also has public relations and corporate affairs experience. Before becoming a journalist, he was an economist with the Commonwealth Treasury in Canberra.
TWO very different – and in one case groundbreaking – competitors have entered the corporate superannuation market this month.The groundbreaker is REST, one of Australia’s largest ‘industry’ super funds. It has become the first industry fund to esta...
AUSTRALIAN investors can select from a small but growing number of ‘index’ funds.Vanguard Investments, the global pioneer of index funds, offers an Australian Share Fund, which aims to track the S&P/ASX 300 index, before fees and expenses.
THE growing popularity of master funds and wrap accounts has been one of the main themes of the managed funds industry over recent years.Westpac CEO David Morgan acknowledged as much when he announced the purchase of BT Financial Group last month.
CENTRAL bankers are renowned for making obscure comments that market watchers struggle to un-ravel.Australia’s Reserve Bank may be trying to break the mould judging by the relative clarity of its recent pronouncements.
AUSTRALIAN superannuation funds produced their worst returns on record in 2001-02 and have a “higher than normal” probability of posting negative returns again this year, according to consulting group InTech.