The Australian Retirement Trust is adopting a “healthy level of conservatism” towards the US as the end of the 90-day tariff pause approaches, with “anything possible”.
Uncertainty around tariffs and subdued growth may lead to some short-term constraints in relation to the private credit market, the fund manager has said.
The pace of economic growth in Australia is expected to “grind higher over coming quarters” off the back of lower inflation, falling interest rates, and a robust labour market, Deloitte has said.
The superannuation sector has welcomed confirmation that a controversial US tax provision will be removed.
The super fund has entered the crosshairs of Market Forces due to its large shareholding in Whitehaven Coal.
Treasurer Jim Chalmers has held talks with US Treasury Secretary Scott Bessent, intensifying efforts to resolve concerns over section 899 of the proposed “Big Beautiful Bill” in the United States.
Following the release of the Australian Bureau of Statistics’ monthly Consumer Price Index (CPI) report on Wednesday, market experts have weighed in on inflation trends and the Reserve Bank of Australia’s (RBA) interest rate outlook.
The draft guidance note enhances and replaces existing guidance on investment management operational due diligence to prepare for the start of prudential standard CPS 230.
Grattan’s Brendan Coates believes there’s still much to be done to curb superannuation tax concessions that lack a plausible purpose.
The super fund has cautioned APRA against using its Governance Review as a “misguided way” of dealing with old problems.