Grattan pushes for super tax crackdown to save $10bn annually
The government must prioritise tightening superannuation tax breaks and lowering the Division 296 tax threshold to $2 million, the Grattan Institute has urged, warning that current settings are unsustainable.
Government reveals draft legislation for payday super
Draft legislation that will require super to be paid at the same time as wages has been released for consultation.
Deloitte cautions of budget blowout ahead of election
With just over a week until the government unveils its pre-election budget, Deloitte Access Economics has projected an underlying cash deficit of $26.1 billion for 2024–25.
Industry looks towards long-term as super returns slide on Trump-driven volatility
The median growth super option has fallen around 3 per cent since late January amid market volatility resulting from Donald Trump’s unpredictable policy moves, but the industry remains confident in long-term performance.
AUTHOR
Jessica Penny
Chant West unveils lifetime product ratings
The research house has confirmed a new ratings offering dedicated to lifetime products, which it expects to see an increase in releases in coming years.
AUTHOR
Jessica Penny
CareSuper’s signs on for ‘shared future’ with $1bn fund
Following an extensive due diligence process, CareSuper is poised to become a $57 billion fund by the year’s end.
AUTHOR
Jessica Penny
APRA provides update on BUSSQ’s additional licence conditions
The Australian Prudential Regulation Authority (APRA) has modified the additional licence conditions imposed on the trustee.
AUTHOR
Jessica Penny
Tighter IDR processes could reduce AFCA fees, CEO says
AFCA’s chief executive urged member firms to up their internal dispute resolution processes in order to cut down on costs owed to the authority.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Government urged to avoid protectionist response to Trump's tariffs
The message from experts in international trade and economists is that the Australian government should refrain from retaliating with reciprocal tariffs.
ASFA defends super trustees after ASIC’s tough talk on governance failures
ASFA’s CEO called Joe Longo’s comments on super “unfounded and unfair”, after the ASIC chair said fund trustees don’t always “know their business”.
AUTHOR
Keith Ford
