CPI exceeds expectations, but growth concerns keep rate cut on table
While the latest quarterly CPI print exceeded expectations, most economists still anticipate a rate cut, especially amid growing downside risks to global growth stemming from uncertainty around US tariffs.
Email security lapses widespread among super funds
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Fund modelling continues to favour big super: CPA
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
AUTHOR
Jessica Penny
Funds outperform global peers in alternative asset returns
New research has shown that investing in alternative assets and using active management has, to this point, delivered strong results for Australian super funds.
Rising offshore allocations by funds could redefine current account dynamics
Australia’s $4 trillion superannuation industry is fundamentally reshaping the nation’s external accounts, setting the stage for a more sustainable current account surplus despite weaker commodity markets.
‘Yellow brick roadmap to net zero’: New campaign pushes for wake-up call to big super
With concerns that the expansion efforts of fossil fuel giants are still largely unchecked by Australian super funds, Market Forces is urging tougher action.
AUTHOR
Jessica Penny
Cbus names new CIO as Chatfield departs, eyes $150bn goal
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
AUTHOR
Jessica Penny
Global economy remains mired in uncertainty despite US progress, says Barclays
Despite calming moves from the US administration and reassurances at the IMF and World Bank spring meetings, the global economy remains on a precarious footing, according to a new analysis by Barclays.
$93bn fund becomes key investor in local renewables project
Rest has expanded its portfolio of renewable energy infrastructure by supporting a Victorian solar farm and battery project.
AUTHOR
Jessica Penny
Corporate leaders unite against Division 296 ‘policy mistake’
Big business has joined the chorus of opposition against the proposed Division 296 tax.
