Today
Macquarie to tap Zara founder Amancio Ortega’s logistics expertise
The financial services giant will draw on the Spanish billionaire’s knowledge of global supply chains as it closes in on an acquisition of ASX-listed Qube.
Yesterday
Greens demand Chalmers squeeze more from mega super accounts
The Liberals and Nationals are opposed to Labor’s superannuation tax changes, so Labor will need the Greens’ support to get the legislation through the Senate.
Should I give money to my kids to avoid the new super tax?
Evaluate your super balance against $3 million and $10 million thresholds before June 30, 2027, because this date is a critical reset point under transition rules.
‘Not over yet’: Super veteran departs with warning for fund giants
Outgoing HESTA boss Debby Blakey is moving to a career in the boardroom as the superannuation sector confronts its next challenge: members hitting retirement.
Labor pushes to ban related party deals in managed fund crackdown
The rules are the government’s first significant response to the failure of the Shield and First Guardian schemes.
This Month
Zara billionaire joins Macquarie’s $11.6b bid for Qube
The family office of the owner of fast fashion brand Zara, as well as Brighter Super, Mercer and UniSuper have agreed to invest alongside Macquarie Asset Management.
Debby Blakey quits $100b health industry retirement giant HESTA
Appointed as fund CEO in 2015, Blakey became one of the superannuation industry’s most prominent voices, and will depart in the second half of this year.
Chalmers tries again on super tax changes, with all eyes on the Greens
While the minor party supports cutting the concessions, its MPs are angry about Labor’s decision to scrap plans to tax unrealised capital gains in super.
Top banks trial stablecoin loan deals, but a bigger threat is looming
NAB and Westpac were among the banks taking part in recent stablecoin capital markets transactions, under a program backed by the RBA.
The sun is setting on industry super’s two decades of dominance
As the sector’s leaders gathered for an annual shindig, the data laid bare what one analyst labelled Australia’s “largest silent capital flight”.
Why ‘set and forget’ super is breaking down
With super entering its maturity phase, funds that fail to evolve to help members manage their retirement will see them increasingly vote with their feet.
The life-changing effect of $10,000 super top-ups in your 30s, 40s or 50s
Lower fees, a pivot to growth assets and modest additional contributions could lift your retirement balance by thousands – or even millions.
Why high-balance super savers under 60 have no exit from Labor’s tax
There is nothing under 60s with super balances above $3 million can do to shield themselves from the new tax, but it could have been worse.
New super battleground emerges as churn hits $150m per day
Retirement funds across Australia’s $3 trillion-plus retail and industry sector are scrambling to stem high levels of customer switching.
Future Fund powers to 12.4pc return over 2025
Australia’s sovereign wealth fund has navigated a year of market and geopolitical turbulence to boost the nation’s coffers by $30 billion.
AustralianSuper begins to leak members to its retirement fund rivals
The country’s largest manager of pension savings saw more money switch out of its funds last year than flow in for the first time in more than two decades.
There’s no gold bubble – this is the start of a regime change
When a core asset adds more than $US20 trillion in market capitalisation over three years and most portfolios have next to no exposure, something has gone wrong.
Australia will pay for its Darwin Port mistake
Readers’ letters on the Darwin Port sale, Chalmers’ efforts on inflation, Adelaide Writers’ Week, the RBA’s interest rate decision, and AI and climate action.
Diversa at risk of super fund exodus in First Guardian fallout
Diversa Trustees is in talks with several large super fund clients who want to cut ties with the business over concerns with its governance and transparency.
Colonial First State staff may reap $208m windfall from potential sale
A sale of the 38-year-old wealth manager has the potential to make instant millionaires out of executives and staff granted lucrative shares in the business.
