NZ a warning on super-for-housing: Super lobby
The Super Members Council says New Zealand’s experience shows what lies ahead for Australia if workers are allowed to access their super for housing.
The Super Members Council says New Zealand’s experience shows what lies ahead for Australia if workers are allowed to access their super for housing.
The promise of sweeping steep steel tariffs is set to deliver the first big test for Anthony Albanese’s relationship with the White House in the Trump 2.0 era.
With an app designed for small business owners and side hustlers, AMP aims to ease financial admin and enhance security for Australia’s overlooked entrepreneurs.
Thousands of Rest Super members wrongly slugged for insurance have been told they need to get in contact if they don’t want to keep paying the fees turned on by ‘accident’ months ago.
As the industry battles member service failures, the corporate regulator is turning its attention to the rapid consolidation in the market.
Super funds must work harder to improve engagement, digital advice options and service outcomes for members, says AMP head of superannuation and investments Melinda Howes.
A financial services company that suspended redemptions in May has ties to a Melbourne property developer who is fighting allegations he spent millions of dollars on personal expenses.
The Conexus Institute believes the $3 trillion superannuation industry is struggling with legacy systems and processes ‘unsuitable’ for large financial organisations.
Financial advisers have urged the government to chip in $10m at the federal budget to bolster dwindling hiring rates and reduce the cost of advice.
The super lobby has criticised the federal Coalition’s plan for first-home buyers to dip into their retirement savings, saying the lack of supply in the market is the main issue.
Macquarie Group’s ability to offload assets within its portfolio and investment funds is under scrutiny as it prepares to take investors and analysts on a tour of the UK and France.
Greek-Australian printer rental magnate and fraudster Bill Papas has been sentenced to seven years’ jail in Greece after failing to pay former players and staff at his football club, Xanthi.
Brookfield has matched offers from rivals Bain Capital and CC Capital for the wealth manager.
The banking major is still to announce a chief financial officer or human resources boss, as new CEO Anthony Miller makes his mark on the executive make-up.
A sharp rise in small business restructuring appointments is reshaping Australia’s insolvency landscape, with cases tripling in the first half of the 2025 financial year.
CBA wants policymakers to include rules in the Scams Prevention Framework that require within 48 hours action by telcos, social media providers and banks, to disrupt scams.
Geoff Wilson has accused the federal government of trying to ‘bribe’ Senate crossbenchers to support its tax increases on super by offering last-minute deals.
As the super sector’s role in short-term bank funding and foreign exchange markets grows, the RBA wants funds to improve their liquidity risk management to fortify against potential shocks.
Canada and Mexico are writing the playbook in real time over how to navigate Donald Trump’s trade threats.
Medibank, Bupa and other health insurers are locked in a war for new customers, and consumers can be the beneficiary with big incentives to join or switch. But there are pitfalls to avoid.
Original URL: https://www.theaustralian.com.au/business/financial-services/page/3