I know it's hard, but it could be harder: LoweBY CASSANDRA BALDINI | WEDNESDAY, 15 FEB 2023 12:51PMAppearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. Related News |
Editor's Choice
Vanguard Super lowers fees
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market.
Chief member officer leaves Insignia Financial
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.
Super for housing 'economically reckless': SMC
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings.
Treasury shakes up foreign investing framework
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent".
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
This clown gave dangerously incorrect guidance to the market with respect to interest rates, let inflation run out of control then expects to be retained for his full term? Why should we expect his judgement to be any better for the remainder of his term & what level of incompetence gets you fired from your $911K per annum gig? He must be really hurting up there in that ivory tower.
Instead of raising rates, why doesn't a percentage of your wage go into your super. That way everyone that works is affected not just people with homeloans etc. Why should the banks profit?