When less is more

Article Abstract:

Issues related to 1998 changes in the Corporation Law, which affect how information is reported in corporate annual reports, are examined. Topics include a change that allows companies to produce concise reports that need not mention directors' remuneration or corporate financial risks unless specially requested by shareholders.

Australia, Standards, Management, Personal finance, Portfolio management, Money

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Clouded economy may have a silver lining

Article Abstract:

The Australian sharemarket is feeling the effects of the Asian crises and Australia's dollar is has been experiencing highs and lows. A look at the Bank of Western Australia (BankWest) indicates in July it is an attractive buy at 12.1 times price-earnings, in 1998-99 the earnings a share estimate was 23.1.

Banking industry, Prices and rates, Bank of Western Australia Ltd., Bank fees

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