Passing the buck – super fund has to do better than this
The Cbus super fund, under fire for alleged delays of payments to vulnerable investors, is not going to dig itself out of this corner just by blaming someone else.
The Cbus super fund, under fire for alleged delays of payments to vulnerable investors, is not going to dig itself out of this corner just by blaming someone else.
Too big to fail, the battered industry fund Cbus has turned the spotlight on the wider failings of big super.
Super funds are increasingly failing retirees due to technical ‘outages’ all while they dictate to listed companies how they should run their operations.
Evidence shows Australian investors have been pulling back from US markets but if they want to cash in on a Trump presidency then they are moving in the wrong direction.
Melbourne’s sinking property market is trapping new borrowers as Victoria becomes the worst state in Australia for mortgage arrears.
The government’s plan to offer discounts on student debt is controversial – but you should find out what it means for you.
For millions of Australians the public battle between hospital owners and health insurers could eventuate in premium increases next year that are up to double the usual rate.
Industry fund Cbus and its chair, ALP national president Wayne Swan, can no longer duck from criticism as a key investment report points to internal problems.
Federal Treasurer Jim Chalmers has scuttled speculation of changes by the government to negative gearing and capital gains tax, as the market softens.
Australian regulators and the International Monetary Fund want more disclosure from big super but buoyant markets shield them from any serious examination. It’s time for an inquiry.
Original URL: https://www.theaustralian.com.au/author/james-kirby/page/3