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Daily Dispatches: fat cat Aussie expats

Australian expats are among the highest paid in the world, a new report says. The foreign workers who have flocked to our shores make do with far less. (Sydney Morning Herald)

CBA has been accused of locking mortgage brokers out of the $700bn home lending market in a bitter battle for market dominance. (The Australian)

Australian hedge funds returned an average 1.3 per cent in June in the fourth straight monthly advance, boosted by funds that bet on rising and falling stocks. (Bloomberg)

A precocious 15-year-old intern at investment banking giant Morgan Stanley has caught the attention of financial markets worldwide with a “thought-provoking” report on the media and social networks such as Facebook and Twitter. (News.com.au)

How to negotiate a better salary. (The Age)

Business confidence has turned positive for the first time since December 2007, helped by government hand-outs. (Business Day)

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