Having a small share of retirement savings invested in Elon Musk’s rocket business may not sit well with everyone,but it’s how the super system is meant to work.
Superannuation funds say the AI boom has not created a sharemarket bubble,but they acknowledge the risks posed by surging valuations and market euphoria.
We’re likely to see a flurry of changes to banks’ reward schemes in coming months,as the industry prepares for an RBA-driven overhaul.
The race to build warehouses full of computers is a huge economic trend that could rival the mining boom. But the big numbers don’t tell the full story.
Businesses that allow members to have greater control over their super investments are not doing enough to monitor for high fees,the corporate watchdog says.
The nation’s $12.6 trillion in housing wealth can take a bit of a hit without crashing the economy.
Former KPMG director Mike Baird has savaged the consultancy’s use of legal professional privilege to shield key documents in a whistleblower scandal from public view.
Markets appear unfussed about a looming milestone for public debt. Should taxpayers be a bit more concerned about it?
On top of a weakening economy and an energy crisis,banking giants now face a softer market in their most important type of lending:mortgages.
Here are the charts that tell you the budget’s outlook for households and the economy.