Grattan pushes for super tax crackdown to save $10bn annually

The government must prioritise tightening superannuation tax breaks and lowering the Division 296 tax threshold to $2 million, the Grattan Institute has urged, warning that current settings are unsustainable.

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Government reveals draft legislation for payday super

| By Miranda Brownlee |

Draft legislation that will require super to be paid at the same time as wages has been released for consultation.

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Deloitte cautions of budget blowout ahead of election

With just over a week until the government unveils its pre-election budget, Deloitte Access Economics has projected an underlying cash deficit of $26.1 billion for 2024–25.

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Industry looks towards long-term as super returns slide on Trump-driven volatility

The median growth super option has fallen around 3 per cent since late January amid market volatility resulting from Donald Trump’s unpredictable policy moves, but the industry remains confident in long-term performance.

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Chant West unveils lifetime product ratings

The research house has confirmed a new ratings offering dedicated to lifetime products, which it expects to see an increase in releases in coming years.

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CareSuper’s signs on for ‘shared future’ with $1bn fund

Following an extensive due diligence process, CareSuper is poised to become a $57 billion fund by the year’s end.

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APRA provides update on BUSSQ’s additional licence conditions

The Australian Prudential Regulation Authority (APRA) has modified the additional licence conditions imposed on the trustee.

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Tighter IDR processes could reduce AFCA fees, CEO says

AFCA’s chief executive urged member firms to up their internal dispute resolution processes in order to cut down on costs owed to the authority.

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Government urged to avoid protectionist response to Trump's tariffs

The message from experts in international trade and economists is that the Australian government should refrain from retaliating with reciprocal tariffs.

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ASFA defends super trustees after ASIC’s tough talk on governance failures

ASFA’s CEO called Joe Longo’s comments on super “unfounded and unfair”, after the ASIC chair said fund trustees don’t always “know their business”.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting; however, some admit the decision will be a close call....

3 hours ago

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several years ago, when the fund...

3 hours ago

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their platforms, according to its deputy chair....

3 hours ago