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20 May 2022 • By Jon Bragg • 1 min read

Super funds in red with only 6 weeks to go in FY22

Unless a recovery takes place in the coming weeks, super funds will experience their fifth negative financial year since the introduction of ...

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Super home buyer scheme could ‘torpedo’ super savings

Industry Super Australia has argued that the scheme would force funds to hold more cash. New modelling from Industry Super Australia (ISA) has ...

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Major parties urged to commit to bold super reform

A lifetime concessional contribution cap is once again being floated as the right solution for all Aussies. Chartered Accountants Australia and New ...

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Super funds at risk of falling into negative in FY22

With two months to go in the current financial year, super funds are only just in the black. The median balanced super fund lost 1.1 per cent in ...

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Super system 'can do better': APRA chair

Wayne Byres discussed the sector at a FINSIA event. Australia’s $3.5 trillion superannuation savings pool is a key asset, but the “system can be ...

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UniSuper announces merger 'milestone'

UniSuper and Australian Catholic Superannuation have concluded that a merger is in the best financial interests of their respective members

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‘Australians should not have to choose’: Industry reacts to Coalition’s Super Home Buyer Scheme

The Morrison government’s new plan has been met with a mixed response by industry stakeholders. On Sunday, Prime Minister Scott Morrison announced ...

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Major parties back superannuation guarantee rise to 12 per cent

A renewed commitment from the Morrison government to back a 12 per cent lift to the superannuation guarantee as presently legislated, has been warmly ...

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AustralianSuper injects $13bn investment into private equity

A new investment of $13 billion into private equity globally over the next two years from AustraliaSuper, the nation’s biggest superannuation fund, is ...

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Super fund aims to reduce emissions by more than a third

The fund has set an interim target of 35 per cent reduction in carbon by 2025. NGS Super has announced it is now targeting a 35 per cent reduction ...

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