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| | The introduction of the Transfer Balance Cap (TBC) in 2017 saw contributions into SMSFs plummet by 60%. While it didn't take them long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super ... |
| | | An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ... |
| | | The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ... |
| | | Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ... |
| | | Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ... |
| | | Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ... |
| | | One of the three men involved in manipulating Quantum Resources shares back in 2015 has been sentenced in the Supreme Court. Don George Evans was sentenced in the Supreme Court of Western Australia to 12 months in prison, to be released immediately ... |
| | | Aware Super has promoted Damien Webb to head of international, putting him in charge of its offshore expansion program. Webb will serve as an executive lead for the continued international expansion of the fund's investment function, Aware Super ... |
| | | The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ... |
| | | Last year marked the worst performance for bonds since the 1970s and while soaring inflation overshadowed this narrative, it remains an important economic storyline for investors. Stepping into a new year and shaking off the 2022 credit chaos the question ... |
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