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06 July 2020 • By Sarah Simpkins • 1 min read

APRA tips early super to surge

The prudential watchdog has signalled that funds should brace themselves for high volumes of early super applications in the second tranche of the ...

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Westpac cops $8m underpayment bill

The big four bank has estimated it will be paying around $8 million to around 8,000 staff who were underpaid on long service leave.  Westpac has ...

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Virus crisis pushes 1m out of work

More than a million Australians have lost their jobs since the start of the coronavirus crisis and 10 per cent of the labour force are working less ...

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ISA blasts early super wipeout

ISA has warned that the early release scheme will surpass government forecasts and leave a generation “languishing” on the pension scheme after almost ...

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Compensation firm slams AMP’s ‘arrogance’

A major compensation law firm has slammed AMP for claiming class actions against it are the fault of Australia’s litigation system, saying the ...

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IPO Wealth set for liquidation

The “tourism mecca” may be no more as IPO Wealth has had liquidators appointed following a bloody court battle. Mayfair 101’s IPO Wealth declared ...

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Superannuation falls for the first time in 11 years

For the first time in over a decade, superannuation members have seen negative growth on their return for the financial year, new research has shown

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Investors urged to consider labourer safety

A shareholder advocacy group has called for investors to review the use of subcontractors in high-risk, frontline sectors during the pandemic, after ...

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Wealth manager cops fine for trading breaches

A global wealth management firm has been slapped with a $75,000 fine from the corporate regulator for breaching trading rules around on-market ...

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APRA slaps Suncorp trustee with imposed condition

APRA has issued directions and imposed a new license condition on Suncorp Portfolio Services after investigating a matter referred by the royal ...

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