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Tim Stewart

Labor has promised to ban direct borrowing by SMSFs as part of a new housing affordability package released on Friday.

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Solid performance in the Australian equity market over the March quarter has supported superannuation fund returns, according to Chant West.

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First State Super is part of a consortium that has purchased the NSW government’s land title registry service for $2.6 billion.

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The boards of Sunsuper and Kinetic Super have signed a heads of agreement giving in principle support for a merger between the two industry funds.

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First Super will not make any new investments in private equity, and has placed its existing $100 million dollar private equity program into review over concerns over “poor labour practices”.

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