Industry responds to DBFO passage following controversy over s99FA

The first Delivering Better Financial Outcomes bill passed the Senate on Thursday afternoon before sailing through the House of Representatives a few hours later as a matter of formality.

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Uncertainty surrounds future of $3m super tax

The word on the street is that the government is rethinking its approach to the $3 million super tax after the bill was sidelined in the House of Representatives.

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Cbus unveils high single-digit FY24 results

It said funds with a more diversified approach like itself saw a more staggered performance than those with concentrated exposures to shares in the last financial year.

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Aware Super announces second consecutive double-digit result

The $175 billion fund has announced a strong return from its high growth default option.

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AMP announces double-digit FY24 results

The fund’s three largest Lifestage cohorts are expected to see strong returns in the 2024 calendar year.

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Tech exposures bolster stronger-than-expected super returns in FY24: SuperRatings

The median balanced option stands to return high single digits as forecast, with funds holding tech exposures likely to see strong results.

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ART cautions against ‘false positives’ in analysing geopolitical risks

Some of Australia’s largest funds suggest that preparing for, rather than predicting, geopolitical events could be a more prudent approach in the new investment order.

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Australia’s largest super fund reports ‘solid’ results

The $335 billion fund attributed the result to strong growth in Australian and global sharemarkets after re-positioning its portfolios in the second half of the year.

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HESTA unveils FY24 results buoyed by ‘very thoughtful’ allocations

The $84 billion fund has credited resilient sharemarkets and its exposure to the artificial intelligence rally for its strong performance in the financial year 2024.

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Start-up fund GigSuper goes into liquidation

The fund, created to service the “gig economy” and self-employed workers, has gone into liquidation after collapsing two years ago.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

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Kevin Gorman

Super director remuneration ...

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