Question One

What is the underlying purpose of insider trading laws?

Question Two

PHB Ltd is a company listed on the Australian Stock Exchange.Jill is the Chief Accountant of PHB Ltd and has been spending a lot of time analyzing a major new project for the company.Jill telephones the printer Bob, responsible for printing PHB Ltd's annual report, and requests a rescheduling of the printing work, explaining how her commitment to the new project has disrupted her timetable.

PHB Ltd announces the new project and its share price rises.An examination of PHB Ltd's share register reveals that Bob purchased shares after the conversation with Jill and later sold them at a profit.

REQUIRED:

Has Jill or Bob committed an offense or breached any duties under the Corporations Act?

Question Three

How has technology impacted insider trading?

Question Four

What is Superannuation and how is it calculated?

Question Five

a)What are "Self-Managed Super Funds" and what are some of the important features?

b)How does the sole-purpose test operate?

c)Discuss the requirement of and appointment of trustee(s).