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08 May 2020 • By Sarah Simpkins • 1 min read

QSuper decides against escalating AFCA case

Industry superannuation fund QSuper expressed concern the court decision to dismiss its appeal against the financial complaints authority has created ...

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Macquarie profit drained by COVID-19, dividend halved

Macquarie Group has halved its full-year dividend after it saw the coronavirus crisis eat away at its profit, with the company warning of further ...

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Royal Commission commitments delayed

The “significant impacts” of the COVID-19 outbreak mean the implementation of the Royal Commission commitments has been put on the backburner

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Shareholders launch first strike at AMP

The majority of voting shareholders protested AMP’s executive pay at its annual meeting, as its chairman disparaged the two-strike rule

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Future Super gets new co-founder

A fossil-free super fund has promoted its chief operations officer to the position of co-founder. Kirstin Hunter will be responsible for Future ...

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Could a ‘new economic order’ be on the cards?

A global asset manager sees COVID-19 bringing about a new era of government intervention in the global financial system, with previously unprecedented ...

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RBA sees light at the end of the tunnel

The RBA is growing more optimistic about Australia’s economic recovery, with a more rapid return to normal on the cards. The RBA still expects the ...

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AMP cancels NZ wealth sale 

A major bank has dropped plans to divest its New Zealand wealth management business following the COVID-19 economic meltdown.  AMP has confirmed it ...

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Sunsuper builds army for early release onslaught

Sunsuper has revealed it added more than 65 staff to its customer engagement team during April, as the early super release gave rise to a flood in ...

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Companies tipped to pull $350bn in working capital

The hunt for capital in a COVID-19-strained economy has been forecast to see Australian companies squeeze a total of more than $350 billion, with as ...

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