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

Fiji appoints AI expert Prof. Dharmendra Sharma Chair of National Research Council

“Being able to help drive research in Fiji and the Pacific is very exciting, and I’m thankful for the recognition and the trust”

Cooper Connolly’s maiden century helps Australia avoid Bangladesh whitewash in Dhaka thriller

His 149 included 13 fours and six sixes and is understood to sit among the highest individual ODI scores by an Australian.

Nine-year-old Australian girl killed in Pakistan police shooting after officers fire on family car

Hania Ahmed, 9, was travelling with her father Adeel Ahmed, mother Dr Sidra Khan and brother Aafan Ahmed in Chakwal, Punjab province, when local police opened fire on their rental car, believing the occupants were fleeing criminals.
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