Australia's 'anaemic' GDP growth sustained solely by public spending
Australia’s slowest GDP growth in decades shows that government spending is more than compensating for the recession in the private sector.
Annual economic growth lowest since 1991-92
Excluding the COVID-19 pandemic period, annual financial year economic growth was the lowest since 1991-92.
Future Fund adds $19bn to portfolio in FY24
The strong result, it said, reflects deliberate efforts over the last few years to pivot portfolios for a changing investment environment and resurgence of geopolitical risks.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Former ASIC commissioner to chair Insignia Trustees
Insignia Financial has announced the appointment of an ex-ASIC commissioner to the board of its superannuation arm, before she takes over as chair in November.
AUTHOR
Keith Ford
Mercer Super to welcome new CEO
The fund has announced an internal appointment to succeed Tim Barber, who is set to take up a new role at Marsh McLennan.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
ASIC says funds need to up their game when talking to Millennials
The regulator says an industry roundtable found advisers and super funds need to up their game when it comes to talking about super with Millennials.
AUTHOR
Keith Ford
Rest unveils ‘super simple’ brand refresh
The $85 billion fund is reinforcing its commitment to simplicity with a refreshed visual brand identity.
Super funds struggle with RIC due to conflicting duties: Levy
The QAR lead reviewer has told a Senate committee that the government’s demands of super funds conflict with their original purpose.
AUTHOR
Keith Ford
NGS Super undergoes board reshuffle
The super fund for education and community-based professionals has announced a series of appointments following its approval of independent directors to its board.
AUTHOR
Jessica Penny
CFMEU-linked board members exit Cbus amid pressure and APRA review
Board directors appointed by the Construction, Forestry, and Maritime Employees Union to the Cbus super fund have stepped down.
