Cash rate held at 3.6% – RBA maintains cautious stance
The central bank has announced the official cash rate will remain at 3.6 per cent following higher-than-expected inflation figures.
AUTHOR
Adrian Suljanovic
Equip Super names new chief risk officer
Equip Super has appointed Michelle Cheong as chief risk officer, strengthening its governance framework with nearly two decades of industry experience.
AUTHOR
Adrian Suljanovic
ASIC flags gaps in super fund reporting
The regulator has highlighted weaknesses in super fund financial reporting, warning inconsistent disclosures and poor audit practices risk undermining member confidence.
AUTHOR
Adrian Suljanovic
HESTA cuts fees and lowers retirement access threshold
The industry fund has reduced investment fees across key super options and lowered the entry point for retirement products to improve member outcomes.
AUTHOR
Adrian Suljanovic
Big 4 bank pencils in no rate cuts until May ’26
Economists from one of the big four banks have said the RBA will hold rates steady until May 2026, pushing back expectations for cuts as inflation proves sticky.
AUTHOR
Adrian Suljanovic
SMC calls for clarity in retirement income system
Super Members Council has warned millions of Australians risk confusion in retirement unless rules are simplified and advice reforms accelerated.
AUTHOR
Adrian Suljanovic
ASIC fines industry fund for misleading insurance notices
The regulator has fined the super fund over false insurance notices, urging super trustees to strengthen systems and avoid errors that erode retirement balances.
AUTHOR
Adrian Suljanovic
Think tank calls for government-backed annuities to fix super
The Grattan Institute has urged the federal government to directly provide annuities to retirees, saying only public intervention can ensure superannuation delivers secure incomes for life.
AUTHOR
Adrian Suljanovic
August CPI rise muddies rate outlook
Australia’s annual inflation has risen again, clouding prospects for rate cuts and raising doubts over whether underlying pressures are easing or stalling.
AUTHOR
Adrian Suljanovic
Macquarie to repay $321m following Shield failings
The super fund trustee will fully remediate all of its members the entirety of what they had invested in the Shield Master Fund, admitting to contraventions of the Corporations Act.
