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Investors the biggest losers in 2026 Budget

KARREN VERGARA | WEDNESDAY, 13 MAY 2026

... and build a home deposit or create wealth "when property ownership feels increasingly difficult." "Tax changes should not make that pathway harder," Waterhouse added. Experts in financial services, such as financial advisers and accountants, will have ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI | WEDNESDAY, 13 MAY 2026

... long-run GDP by around $13 billion a year and promote $400 million more investment in R&D by young firms each year. "Our reforms make substantial progress on 13 of the 17 reform areas identified in the Productivity Commission's inquiries into Australia's ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA | TUESDAY, 12 MAY 2026

... on trusts, how trustees use excess franking credits and details of rollover relief for restructuring. "These reforms will make the tax system fairer and more sustainable, and help fund tax cuts as well as the essential services Australians rely on," ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO | TUESDAY, 12 MAY 2026

... amid worsening affordability pressures. "[The government] is taking decisive action in the Budget to boost housing supply, make our tax system fairer to help more Australians into homeownership and build on our work over the last four years to build ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN | TUESDAY, 12 MAY 2026

... best possible retirement." Stewart also thanked the board of TelstraSuper, the executives and broader team for helping to make the merger a success. "Our sincere thanks to the TelstraSuper board, executive and broader team for their dedication to their ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI | TUESDAY, 12 MAY 2026

... Another important aspect is to avoid corporate language, Clarke said. "You're speaking with those investors to actually make some form of connection. They're seeking to evaluate you through how you communicate with them and frankly make up their ...

Brighter Super, QIC Ventures invest in ProcurePro

KARREN VERGARA | TUESDAY, 12 MAY 2026

Brighter Super and QIC Ventures have backed ProcurePro, a digital procurement platform, boosting the startup's value to more than $100 million. The two parties helped raised $15 million via a Series B round in the hope of scaling the platform which ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI | TUESDAY, 12 MAY 2026

... "The Supers Unit is a welcome initiative as it recognises the growing scale of Australian superannuation capital and will make it easier to deploy that capital into projects that deliver for both our members and the communities in which we invest," Warner ...

Product showcase: A guaranteed future

THE FINANCIAL STANDARD TEAM | MONDAY, 11 MAY 2026

... adjust strategies as life evolves." Taken together, the three pillars of protected growth, guaranteed income, and flexibility, make AGILE simple to position in practice, as part of the advice process. "It's not all or nothing, it's a tool that ...

Super funds can drive member engagement through insurance: TAL

VINNY VUCAGO | MONDAY, 11 MAY 2026

... were more likely to feel financially prepared and less likely to experience confusion or frustration if they later needed to make a claim. The research also pointed to a broader trust opportunity for super funds, with more than eight in 10 respondents ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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