OVERNIGHT MARKET REPORT: 29 Nov. Markets take some profits off the table – as the Trump trade is now priced in.


   U.S. stock benchmarks fall from record highs on speculation Trump’s election and expectations his spending will stoke growth had gone too far.   Treasuries rose as gold pared its monthly drop.   Italian banks slumped with Prime Minister Matteo Renzi facing a key referendum that may see voters reject constitutional reform, prompting his resignation.  …

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AUSTRALIA: Super reform: the latest legislative changes


Published by sitnokglobal.com Legislation has been introduced into parliament to enact the super reforms announced in the 2016/17 Federal Budget. Since the draft legislation was initially tabled, changes have been made, the most important of which are summarised below. $1.6 million transfer balance cap Key changes Comment Change in transitional arrangements for members with pension…