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23 April 2020 • By Lachlan Maddock • 1 min read

Early super numbers rise

Senator Jane Hume has revealed the number of Australians who have accessed their superannuation has risen sharply. When the numbers were announced, ...

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Funds to be named and shamed on super payment times

The prudential regulator will monitor the progress of super funds in making early release payments to their members every week, with individual funds ...

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RBA calls for reforms

RBA governor Philip Lowe has flagged the need for major business reforms as Australia experiences its biggest contraction in national output and ...

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Senator checks APRA on super liquidity

Liberal senator Andrew Bragg has pressed APRA with questions via the Senate economics committee, seeking reassurance that the superannuation funds ...

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Investment firms restrained from promoting products

The Federal Court has made interim orders restraining two firms within an investment group from promoting their products, alongside limits on words ...

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ASIC eases regulation

ASIC will halt some of its regulatory activities in order to provide relief to firms “under enormous strain” from the COVID-19 pandemic

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Mayfair 101 to fight ASIC action

The investment group has decided it will “vigorously defend the proceedings” brought against it by the corporate watchdog in the Federal Court

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The bill that will ‘saddle a generation’

The economic fallout from the COVID-19 pandemic is tipped to last for decades. In his reply to the government’s $130 billion “JobKeeper” payments ...

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APRA suspends issuing of licences

APRA will suspend the issuing of new licences due to the “fundamental change in the economic and social environment.” APRA will not issue any new ...

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RBA announces rate decision

The RBA has announced its April decision on interest rates following a month of unprecedented policy measures. The RBA held rates at 0.25 per ...

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