Yesterday
Australia must revisit the AUKUS deal
Readers’ letters on the need to review AUKUS, why Australia needs to mimic Scandinavian nations, and the perils of allowing market theory to shape social policy.
Pension giants put brakes on US investments, warning of big tax hit
Future Fund chairman Greg Combet says the “big beautiful bill” could “dramatically escalate tax rates”, and AMP is pausing long-term American investment.
This Month
Super funds are not a piggy bank for Labor’s pet projects
Chalmers’ vow to put to bed “needless brawls” on super is contradicted by his attempts to wager Australian’s retirement savings to prop up nation-building policies.
Chalmers’ $3m super tax is a flawed fix for a real problem
Let’s be clear: the cost of tax concessions significantly outweighs savings generated by reducing the reliance on the age pension.
HESTA fund managers boost female ranks in diversity push
The superannuation giant is pushing to reform the male-dominated funds management sector, saying diverse teams make better investment decisions.
Big super’s cold feet stall Labor’s $10b low-cost housing plan
More than two years after pledging hundreds of millions of dollars to the flagship scheme, some pension funds are dragging their feet in financing developments.
Israel strikes Iran; Plane’s mayday call; CEO’s criminal probe
Read everything that’s happened in the news so far today.
The $10b surprise in Labor’s super tax
Labor’s new superannuation tax is complicated. But a big surprise is you need to be at the top of the Rich List to pay the full headline 15 per cent rate.
Your super fund isn’t ready for the world’s biggest trade
The AUKUS review is more evidence Donald Trump is trying to rewire global trade and security. Big investors must rethink their US dollar exposure.
Super and passive are remaking the ASX. Small caps are getting left behind
Poor disclosure from the likes of Cettire, Monash IVF and Johns Lyng is a reminder of the gulf between small caps and the rest. Superannuation makes it worse.
ASIC to investigate super funds over complaint handling ‘blind spot’
The regulator’s chairman, Joe Longo, said there would “be trouble” for retirement funds if they didn’t use member feedback to detect systemic issues.
Six tax changes Labor can (and should) implement
Anthony Albanese’s plan to host a productivity roundtable is an opportunity to put overdue tax reform on the government’s agenda.
Don’t let rich old men tell you the planned super tax is good
Once the government opens the door to taxing unrealised gains, there’s little stopping it from extending this logic to other areas.
Eight reasons this super giant likes private markets
As ASIC tinkers with IPO structures to bolster public markets, the $330 billion Australian Retirement Trust has given us the best explanation yet of why it’ll keep investing in private markets.
APRA threatens to fine superannuation executives
APRA has written to superannuation funds with a deadline to fix a key cybersecurity flaw in the $4.2 trillion sector.
Top ART executive quits after two-month absence
A top-ranking executive at Australian Retirement Trust, the nation’s second-biggest pension fund, has resigned after a months-long absence from its offices.
The easy way to boost your super (and get a $44,400 tax break)
Topping up your super is a perennial end-of-financial-year activity. But there are a host of other things you should look at.
Labor claims mandate for super tax half of voters didn’t know existed
It was the oldest of the policies taken to the federal election but had a low level of awareness among voters.
Israel boards Greta’s boat; LA riots threaten super; ScoMo honoured
Read everything that’s happened in the news so far today.
Three reasons why you should ‘chill out’ over Labor’s super tax
The super tax on unrealised gains is part of the long-overdue and necessary process of tax reform that many have been urging over decades.