While merger parties are now set to face new mandatory notification requirements, the competition regulator has welcomed its expanded regulatory powers.
The Cbus chair has maintained the fund’s directors satisfy necessary fit and proper tests, while also defending the board nominations made by the CFMEU.
A decade in the making, industry bodies have praised the passage of the objective of super on Thursday.
October’s CPI data is unlikely to sway the RBA’s December monetary policy decision, but those predicting a rate cut in February are now entertaining the possibility of a delayed start to the easing cycle.
The local super industry now commands more than $4 trillion in assets, boosted by impressive quarterly returns.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The chair of the Future Fund has slammed critics of the sovereign wealth’s new mandate as “factually incorrect”.
The industry fund has upped its investment in start-ups, helping to unlock the benefits of innovation and emerging technologies.
Super Review understands the Division 296 legislation could be on the chopping block, with Labor said to be struggling to secure support ahead of the final sitting week of the year.
Deloitte Access Economics has raised concerns about the government’s recent changes to the Future Fund’s investment mandate, questioning the necessity and implications of the reforms.