"Future Fund chairman Peter Costello said the “strained” political relationship between Australia and China is already putting obstacles in the way of a healthy trading ties, while warning the local economy risks being harmed by the China-US trade spat.
The former federal treasurer also declined to endorse current treasurer Josh Frydenberg’s concerns over the rise in special dividend payouts and share buyback programs launched by Australian companies, arguing local firms will know when to invest."
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Frydenberg challenges corporate Australia to rein in share buybacks and dividends, page-22
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Shanthar Pathmanathan, MD
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