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

Zimbabwe stuns Australia in ICC T20 World Cup

Playing at the R. Premadasa Stadium, Zimbabwe delivered one of the tournament’s biggest upsets so far.

IndianCare to host Desi Women Sports Fest in Footscray ahead of International Women’s Day

Women aged 18 and above will take part in the main sports and games, while children, partners and parents will be encouraged to attend as supporters, with a dedicated kids’ zone

Four foreign nationals charged, one on the run after $10 million cannabis bust in Victoria’s north

Investigators and forensic specialists spent three days dismantling the greenhouse operation.
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