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11 September 2025 by Adrian Suljanovic

No bear market in sight for Aussie shares but banks face rotation risk

Australian equities are defying expectations, with resilient earnings, policy support and a shift away from bank dominance fuelling confidence that ...
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US funds drive steep outflows at GQG Partners

Outflows of US$1.4 billion from its US equity funds have contributed to GQG Partners reporting its highest monthly ...

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Super funds’ hedge moves point to early upside risk for AUD

Australian superannuation funds have slightly lifted their hedge ratios on international equities, reversing a ...

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Australia’s super giant goes big on impact: $2bn and counting

Australia’s second largest super fund is prioritising impact investing with a $2 billion commitment, targeting assets ...

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Over half of Australian funds have closed in 15 years, A-REITs hit hardest

Over half of Australian investment funds available 15 years ago have either merged or closed, with Australian equity ...

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Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns ...

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BUSSQ targets super compliance

  •  
By Alice Uribe
  •  
2 minute read

BUSSQ has strengthened its compliance program so members receive entitlements.

Building and construction industry superannuation fund BUSSQ is boosting its compliance capacity with its latest appointment.

Damien Simonfi, who has more than 10 years' experience in debt recovery, tactical planning and process improvements, has been appointed as a contribution arrears manager.

Together with BUSSQ arrears control officer Diana Sales, Simonfi will work to reduce non-payment or late payment of members' super. He will work with unions, contractors and employers to reinforce the BUSSQ arrears and collections processes.

"It's vital that members receive the super they're entitled to and Damien will help strengthen the compliance program we already have in place," BUSSQ said in a statement.

 
 

The Queensland-based fund recently appointed David Southwood as an in-house financial advice manager to ensure its members' needs are met by its outsourced financial advice partner, Money Solutions.