They will do anything for a buck (8)

Chinese snap up Australia 'significant investor' visas

Sixty-five "significant investor" visas have been granted to mainlanders and 91 per cent of the 545 applicants for the permits were Chinese nationals since the scheme began just over a year ago, according to figures from the Australian Department of Immigration and Border Protection.
The requirements for an Australian significant investor visa are a A$5 million investment and clean criminal record,

start learning the International Robo I am sure we could do a fine rendition of the Red Flag .

yeah mate emigrants running both A and NZ its all going down the guggler pretty fast, one bunch of pricks after another feeding a feeding frenzy of uncontrolled greed at the expensive of the majority...

the smartarse that disposed of the people of Australia's asserts, has just taken over supper funds money management or something, member of the in-group of master scumbags

January 10, 2014
Emergency Services super fund plundered to pay for hospital upgrade



Push for super billions to buy up public assets

BILLIONS of dollars in superannuation will be used to snap up public assets under plans being put to Canberra and the states to force the pace of privatisation despite an escalating political fight over the reforms.

The nation's biggest super funds are pressing for government action on $92 billion in potential sales by citing new research showing community support for deals that leave the assets with long-term Australian investors.

Urging governments to sell old assets to raise cash for new public works, fund leaders including former Victorian Labor premier Steve Bracks are proposing big investments if politicians can ensure a "pipeline of projects" to sell.




Peter Costello takes up job as Future Fund chairman

THE Abbott government has confirmed former treasurer Peter Costello as the new chairman of the $96 billion Future Fund.




Perhaps you think big deal because FF is currently listed as having $97 billion while it has 33.1% in Global Equites like-in US Bonds


The FF kicked off with a $60 billion cheque from Costello

Only 10 per cent of the FF assets are in Australian equities; almost as much, 8.6 per cent, are in emerging market equities; while 24.5 per cent are in developed market equities.

A further 13 per cent of the fund is in other conventional "risk assets": private equity and property; some 8 per cent is in infrastructure; 12.2 per cent in debt securities; 9 per cent in cash and 14.6 per cent in "alternative assets".



As Australia's longest serving treasurer, Mr. Costello is an ideal candidate to take over the fund, Finance Minister Mathias Cormann said following a meeting of senior Cabinet ministers on Tuesday. The move comes as the government battles with rising unemployment triggered by a fading mining boom and a need to cut budget spending in the A$1.5 trillion economy. Australia's central bank on Tuesday left interest rates at a record low of 2.5%.

The same type of scum that were running thirty or more finance companys are now running superannuation scams here . Their charging of fees is taking most peoples savings right from the start . Not compulsory yet . Having a compulsory scheme buying state assets is nothing more than a tax by another name . Don Brash is the worst type of person to ever play a role in NZ , his vehement opposition to the scheme (superannuation) coming in has been eclipsed by his keenness to run one and accept the attendant fees of course .

of course
they are all tared with the same brush mate