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Bullock delivers ‘right decision at this point in time’, while staying alert to global shock
Governor Michele Bullock said the board debated a larger move but settled on a cautious 25 bp cut, while warning the RBA remains on high alert for a global financial shock.
AUTHOR
Maja Garaca Djurdjevic
TelstraSuper scraps merger plans with Equip Super
TelstraSuper has called it quits regarding its proposed merger with Equip Super, citing it is no longer in its members’ best financial interests to proceed.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
RBA delivers latest rate call
The RBA has lowered rates to a level not seen since mid-2023.
UniSuper increases venture fund investment to $100m
Having announced a $75 million investment in venture fund manager Uniseed in 2022, UniSuper has now committed an additional $25 million.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Bragg accuses Chalmers of misinforming on super tax
Liberal senator Andrew Bragg and Treasurer Jim Chalmers are at odds over whether federal politicians covered under the pre-2004 defined pension scheme would be captured in the super tax changes.
AUTHOR
Keith Ford
RBA tipped to cut rates back to 2023 levels
The Reserve Bank of Australia is widely expected to deliver another 25 bp cut at its upcoming monetary policy meeting, potentially lowering the official cash rate to 3.85 per cent – a level not seen since mid-2023.
AUTHOR
Maja Garaca Djurdjevic
Unemployment figures put pressure on RBA ahead of meeting
The consensus of a May rate cut remains, but economists are tempering their expectations for further cuts this year.
Insignia acquisition race yet to be decided, says Morningstar
Morningstar believes there is still further to run with the potential takeover of Insignia Financial even with original bidder Bain Capital walking away.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Legacy systems holding super back, say Wipro and TPT
Australia’s $4 trillion superannuation industry is at a critical digital crossroads, with outdated systems threatening funds’ ability to keep up with rising member expectations and increasing regulatory demands.
New data reinforces solid April for funds
Data from Chant West reinforced on Friday that super funds finished April in positive territory despite ‘Liberation Day’-driven market turmoil.
