The great accumulator

Article Abstract:

Australia's five richest individuals, who are billionaires, include Kerry Packer, the media and investment mogul, who is worth $6.4 billion. Frank Lowy, the shopping center magnate, is worth $2.6 billion. Richard Pratt, a paper manufacturer and investor, is worth $2.4 billion. David Hains, an investment banker, is worth $1.27 billion. Gerry Harvey, a homewares/computer retailer and property investor, is worth $1 billion.

Australia, Packer, Kerry, Harvey, Gerry, Billionaires, Hains, David, Lowy, Frank, Pratt, Richard (Australian manufacturer)

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Executive decision: the money or the options

Article Abstract:

Issues are presented concerning the growing trend for senior-level remuneration to be more closely related to performance. The formulation of performance incentives on options equaling about 31% of senior-level pay is discussed.

Management, Corporate directors, Compensation and benefits, Employee benefits, Performance standards, Job performance standards

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The great baton change

Article Abstract:

Issues are presented concerning the inter-generational transfer of over 600-billion Australian dollars of assets which will occur in the first quarter of the 21st Century. The importance of inheritance planning is discussed.

Planning, Inheritance and succession

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