Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...
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Dear Paul, Our family is moving from a growth area to a regional city, so we've sold our first home. After the mortgage is discharged and various fees paid, we're looking at more than $2 million arriving in our bank account. We have no experience ...
$1.28 trillion - it's a mammoth figure, but according to the latest statistics from the Australian Prudential Regulation Authority (APRA), that's the total value of household deposits which are currently stashed away in the country's authorised ...
AustralianSuper has raised the fees of most investment options on account of its recent investments in several large infrastructure and property assets. The fund's balanced option, in which more than 90% of its members are invested, saw its fees ...
This year, investors have watched their capital go up in smoke with cannabis stocks given that some have fallen more than 50%. Looking at 21 of the largest cannabis stocks, only three have made a gain in 2022 including Cronos up 70%, Botanix Pharmaceuticals ...
We live in a complex financial world. Whether you are buying a home, building wealth, choosing life cover, saving for retirement or funding aged care, there are difficult decisions to be made, each of which could benefit from specialist advice. But ...
Aussies hustle to boost income while CEOs earn millions, 'Hi mum' scam rakes in $2.6 million, and Tesla splits shares three for one. Here are five things you may have missed this week. "Hi Mum" scam sees crims pocket $2.6 million Warnings about ...
Oil prices have been skyrocketing until they recently plunged in a bear market, falling almost 30% from June, to now sitting just shy of $90 a barrel. Despite this sharp pull back, oil stocks all over the world are still some of the best performers ...
After a year-and-a-half of frenetic growth, the property price boom which has touched virtually every corner of the country appears to be over. For a third month in a row CoreLogic's latest national Home Value Index fell, with Sydney (-2.2%), Melbourne ...
When the government introduced the Consumer Data Right (CDR) in 2017, it was intended to be an economy-wide reform spanning across industries. The banking and finance sectors were the first cabs off the rank, with open banking becoming CDR's first ...
