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| | | Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ... |
| | | | Staying the course on listed equities amid tariff-induced market turbulence has led to MLC Asset Management achieving double-digit returns for the 2025 financial year and, more importantly, real returns for members, according to its investments chief. ... |
| | | | Legalsuper expects to close out the financial year with a return of more than 11% for its MySuper product. The super fund predicts FY25 will see a return of at least 11% for its MySuper Balanced option, while the High Growth option should return about ... |
| | | | One of Future Fund's top managers has left to join Australian Retirement Trust as a portfolio manager within the private equity team. Anika Choudhury has left Australia's sovereign wealth fund where she started out a senior analyst nearly five ... |
| | | | Managed funds domiciled in Australia received $8.6 billion in inflows from January to May this year, over 20 times the level recorded over the same period last year, according to global funds network Calastone. Calastone said local investors appeared ... |
| | | | Super Fierce, the digital advice platform that compares superannuation products, is now in liquidation three years after it launched. Trenna Probert and Craig Swanger, co-founders of Super Fierce, officially launched it on International Women's ... |
| | | | ASIC has released a consultation paper to seek feedback on whether the Corporations Act should apply to trade union redundancy funds. Consultation Paper 384, Employee redundancy funds, will seek feedback on whether ASIC should have the power to regulate ... |
| | | | There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ... |
| | | | Airlie Funds Management will shutter its Concentrated Share Fund next week following a review. Magellan Asset Management as responsible entity said: "Given the Fund's small size, which impacts the expense ratio charged to unitholders in the fund ... |
| | | | While the Australian unemployment rate remained unchanged, experts are becoming less optimistic we'll see many more rate cuts this year. The Australian labour market remained robust in May, with the unemployment rate sitting at 4.1%, Australian Bureau ... |
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