Yesterday
- Exclusive
- Superannuation
Compare the pair: Retail super closes the fee gap
The performance gap between industry and retail superannuation funds is narrowing, raising the prospect of a fightback by for-profit super funds after the savaging wrought by the banking royal commission.
- Joanna Mather and Hannah Wootton
This Month
Big capital comes to Canberra. See the full list here
Big bank CEOs, super fund bosses and venture capital executives are at Parliament House to hear Treasurer Jim Chalmers’ push for them to invest in national priorities.
- Ronald Mizen
- Exclusive
- Superannuation
Labor signals review of superannuation fund performance tests
Possible changes canvassed by the government will include a shift from a strict benchmark introduced by the Coalition, two industry sources say.
- Ronald Mizen and Kylar Loussikian
November
- Opinion
- Superannuation
A strong and strategic voice on superannuation for 10 million Australians
The new Super Members Council will advocate for high standards of performance, clear and meaningful transparency and the ability to access the right information about retirement.
- Nicola Roxon
October
$3m super threshold must be indexed to stop ‘bracket creep by stealth’
The proposal to double tax on balances above $3 million to 30 per cent is reasonable, but the limit should increase over time, says ART chief.
- Hannah Wootton and Jonathan Shapiro
- Opinion
- Chanticleer
The $3.5 trillion super sector’s next big problem is already here
Assistant Treasurer Stephen Jones has delivered a wake-up call to the sector to lift its game as 5 million Australians approach retirement.
- James Thomson
Labor stacks big super with 15 new power players
Cath Bowtell has quietly assumed the role of matriarch of the sprawling Labor-union aligned industry superannuation family.
- Updated
- Joanna Mather and Hannah Wootton
- Opinion
- Chanticleer
Why Wayne Swan says super is our ‘economic secret weapon’
The former treasurer says the super sector proved its economic power during the GFC and can help Australia’s next set of big challenges.
- James Thomson
Super fund QSuper hands back keys to NYC office tower
QSuper has quit a big bet on Manhattan real estate as rising interest rates and falling vacancies spoil its global property interests.
- Jonathan Shapiro
What super funds spend on ads, donations, exec pay to be made public
APRA warned funds it wants to publish the data. It comes as, in the battle for members, funds launch bigger advertising campaigns and elite sport sponsorship.
- Hannah Wootton
How ‘nation building’ can deliver competitive super returns
AustralianSuper’s Don Russell cites infrastructure as an area where the $3.5 trillion sector has helped modernise Australia without compromising on returns.
- Hannah Wootton
Labor changes helping to ‘end super’s reign’ as top wealth builder
Financial advisers claim many investors are for the first time considering alternatives to superannuation.
- Duncan Hughes
A family trust strategy to deal with the $3m super tax
The first hurdle is that to both access your fund and withdraw lump sums, you must satisfy a condition that allows this – either retiring or turning 65.
- John Wasiliev
- Opinion
- Opinion
How the $3m super tax will work
Not all the ‘earnings’ over the threshold will get taxed at 15 per cent, just a percentage – depending on how much of your balance exceeds the cap each year.
- Meg Heffron
- Opinion
- Opinion
Why you should worry about new super tax – even with less than $3m
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
- Peter Burgess
September
Nicola Roxon to chair new $1.4trn industry super lobby group
The new group combines Industry Super Australia and Australian Institute of Superannuation Trustees and represents more than $1.4 trillion in assets.
- Hannah Wootton
- Exclusive
- Superannuation
Big industry super unites in political lobbying power play
A new “big eight” of superannuation funds will dominate the $3.5 trillion retirement savings system with a lobby group dominated by Labor heavyweights.
- Joanna Mather and Hannah Wootton
Super funds too slow to revalue Canva: regulator
The Australian Prudential Regulation Authority says big super funds should have acted faster when venture capital firms wiped billions of dollars from tech darling Canva’s value.
- Hannah Wootton
Chalmers stands firm on wealthy super tax rise
Jim Chalmers has rebuffed Greens’ demands for an expansion of the taxpayer-funded paid parental leave scheme.
- Andrew Tillett
August
- Updated
- Future Fund
Future Fund warns markets ‘under-pricing’ risk
Australia’s sovereign wealth fund has posted a 6 per cent return for the year to June 30 as it increased its exposure to local and global equities.
- Jonathan Shapiro
