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

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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