Back Issue
June 2004: Choice of FundsFollowing an agreement reached between the Government and the Democrats, the Choice of Funds legislation is fi nally set to become law with effect from 1 July 2005.
Read more June 2004: New Indexation Thresholds for 2004 / 2005The various thresholds for superannuation have been indexed by a factor of 5.3%, in line with increases in AWOTE.
Read more June 2004: Removal of News Corp from the Australian Sharemarket IndicesThe News Corporation (“News Corp”) is currently one of the largest stocks listed on the Australian stock exchange, representing around 7% of the S&P/ ASX300 Index. In April 2004, the company announced that it intended to move its country of incorporation and primary sharemarket listing from Australia to the United States. News Corp does however intend to maintain a secondary listing on the Australian stock exchange. Upon relocating to the US, News Corp is expected to be included in the S&P500 index, which broadly speaking is an index of the 500 largest listed companies in the US.
Read more June 2004: Super Safety – APRA LicensingIn this Bulletin we provide details of the regulations and licensing guide released to assist with the licensing of trustees commencing 1 July 2004.
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