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17 July 2023 • By Jon Bragg • 1 min read

What were the best performing super funds in FY23?

The top 10 balanced super funds of the past financial year all achieved returns of more than 9.5 per cent. Data published by research house ...

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APRA releases new operational risk standard amid rise in cyber breaches

The new prudential standard will apply to super funds, banks, and insurers. The Australian Prudential Regulation Authority (APRA) is seeking to ...

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Michael Hawker to leave Westpac board

An experienced financial services leader has left the big four bank following a two-year stint as non-executive director. Westpac Banking ...

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KPMG calls for super changes in the name of gender equity

The firm has recommended adding super guarantee contributions to the carer payment, a policy it says may result in net budgetary savings

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Is Philip Lowe’s term as RBA governor coming to an end too soon?

A top economist believes there was a “strong case” to reappoint the RBA governor. Philip Lowe’s tenure as governor of the Reserve Bank of Australia ...

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APRA supports FRAA review recommendations to enhance superannuation supervision and resolution

The prudential regulator has welcomed FRAA’s first review findings and said it is committed to implementing the recommendations. The Australian ...

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ANZ forecasts ‘extended pause’, no rate hike expected in August

The bank has abandoned its call for two more interest rate rises this year. ANZ has predicted the Reserve Bank of Australia (RBA) will keep ...

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Will conflicting market expectations create a ‘tug of war’?

According to ClearBridge, market expectations of a soft landing could lead the charge into the second half of 2023, or more tentative economic ...

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CFS reaches $100m settlement in class action

Colonial First State Investments Limited (CFSIL) has announced that it has reached an in principle settlement. Slater and Gordon brought the class ...

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Michele Bullock appointed next RBA governor

The federal government has confirmed that Michele Bullock will be the next governor of the Reserve Bank. Michele Bullock has been announced as the ...

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