super funds

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Australia’s superannuation regulator is worried about your fund’s spending, Should you be?

Super fund, CBUS, last year admitted it spent A$387,000 of members’ retirement savings on a 40th birthday bash attended by 750 guests.

Australian unions funnel half a billion dollars into political causes, new report claims

According to the report, Australia’s largest unions now control more than $1.8 billion in assets and generate over $800 million in annual income.

Are bigger super funds better?

Large funds face some unique challenges. Because they have more money to invest, they have more work to do in finding sufficient attractive assets to buy.

Must-read

Hundreds fail compulsory retests as bribery scandal rocks New Zealand’s licensing system

The requirement for mass retesting followed findings of what the agency described as “serious misconduct” by testing officers.

South Australia election countdown officially begins with Labor ahead and Liberals at historic low

South Australia’s election campaign is officially under way after Premier Peter Malinauskas and Deputy Premier formally received the writs from Government House, signalling the 28-day countdown to the 21 March state election.

Australian firms secure key deals through AI impact summit in India

Business delegates assembled by Austrade showcased the breadth of Australia’s AI ecosystem, spanning established enterprises, universities and emerging technology scale-ups.
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