| Good morning, Coles has created a new ‘replenishment’ division to ensure it keeps enough groceries on the shelf and stops dissatisfied customers from straying, the latest move by the supermarket giant as it faces a probe by the competition regulator into ‘fake discounts’ Meanwhile, at least 25 executives and board members, ranging from billionaires to little-known players operating out of the spotlight, have doubled their money on the ASX this year - adding more than $20bn to their paper wealth. And influential fund manager Geoff Wilson has warned Labor’s proposed tax on super balances above $3m risks destroying the trillion-dollar self-managed super industry and will see investors move down the risk curve as they hunt more steady returns. | 