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

Australian-made transport technology powers Delhi Metro upgrade under India trade deal

Commuters are already experiencing the benefits of the upgrade, which includes refurbished carriage interiors, LCD-based digital route maps, enhanced passenger information systems, modern fire detection systems, upgraded control panels and CCTV cameras.

India–France–Australia trilateral reflects growing convergence in a multipolar world

India, France and Australia have reaffirmed their commitment to a free, open, inclusive and rules-based Indo-Pacific following the latest India-France-Australia Trilateral Dialogue held in...

‘Upgraded to Aussie Citizenship’: Young Indian migrant’s humorous T-shirt captures Australia’s multicultural spirit

“Indian by birth, Australian by choice, legend by citizenship. Upgraded to Aussie citizenship. Dingoes, beaches and barbecues, here I come.”
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