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07 July 2022 • By Maja Garaca Djurdjevic • 1 min read

Government pauses YFYS performance test expansion

The government has announced a review of the Your Future, Your Super laws and a pause of the test extension beyond MySuper products for 12 months

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Super funds post lowest returns since the GFC

FY22 was the third worst year for returns in the history of compulsory super. The median balanced super fund ended the 2021-22 financial year down ...

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IFM seeks to increase stake in Vienna Airport

The firm is no longer required to make a mandatory full takeover offer for the airport. IFM’s Global Infrastructure Fund (GIF) has announced that ...

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'Perfect storm' for company earnings ahead of reporting season

Earnings are expected to be under significant pressure over the next financial year. As the August reporting season draws near, a range of economic ...

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Maple-Brown Abbott launches Australian small companies fund

Maple-Brown Abbott has confirmed the launch of an Australian small companies fund. The new fund is set to be managed by Phillip Hudak and Matt ...

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Bendigo and Adelaide Bank picks up ANZ investment lending portfolio

The deal will see Bendigo and Adelaide Bank’s margin lending portfolio exceed $2 billion. Bendigo and Adelaide Bank has agreed to acquire ANZ’s ...

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Dye & Durham ups bid for Link

The Canadian firm has revised its takeover offer for the second time. Dye & Durham (D&D) has increased its takeover bid for Link ...

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AFCA appoints lead ombudsman for banking and finance

The appointment follows an extensive executive recruitment process. The Australian Financial Complaints Authority (AFCA) has named Natalie Cameron ...

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APRA grants restricted ADI licence to Australia’s first Islamic bank

Islamic Bank Australia plans to offer a full suite of retail and business banking services. APRA has issued a restricted authorised deposit-taking ...

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'Shares may still fall further', expert warns

The big lesson from this past financial year was that inflation was just resting and can raise its ugly head when the circumstances are right, an ...

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