bestnews Goldman, Forsyth Barr launch Tower Limited block trade
Goldman, Forsyth Barr launch Tower Limited block trade
Multimillion-dollar Juukan Gorge remedy payments to remain secret
The details of a multi-million dollar annual payment made by Rio Tinto to the Indigenous owners of Juukan Gorge will remain a secret after federal regulators accepted an argument from…
Big funds read riot act on slow death insurance, savings payouts
The corporate regulator says the country’s biggest superannuation funds are failing grieving families by making it extraordinarily difficult to access the savings and insurance benefits of customers who have died,…
Mining exports to drop as commodity prices stagnate
Australia’s commodity exports are expected to fall almost 7 per cent this year, piling pressure on the government to step up efforts to cushion the impact on the mining sector…
Insignia Financial loses $6 billion in superannuation assets to rival funds like AustralianSuper, HUB24
Insignia Financial, the ASX-listed wealth group that owns the 138-year-old MLC brand, lost the most retirement savings to rival superannuation providers as customers moved to industry funds and into self-management.…
Ross McEwan prepares to take the chairman’s office at BHP
Ross McEwan has had a few weeks to brush up on his history. The former National Australia Bank chief executive was announced as the next chairman of the country’s largest…
MinterEllison partners in line for more lucrative paydays
MinterEllison has quietly amended the way it pays its partners to increase their earnings capacity as it responds to demands from its highest-performing lawyers and fights off chequebook-wielding rivals. The…
Dion Lee’s collapse blows up the wealthy Levis retailing family
The wealthy retailing family behind women’s fashion brands including Cue Clothing, Veronika Maine and Dion Lee are at war, with former executive director Justin Levis suing his parents over their…
Plenary anoints new CEO, eyes $3.7b Brisbane Olympics stadium
Infrastructure investor Plenary, whose portfolio ranges from Sydney’s new Metro to university accommodation in Canada and the Middle East, has anointed a new CEO after completing the sale of a…
ASIC death benefits review reveals shameful way funds treat your money when you die
When all we really judge super funds on are their returns, we get an industry hell-bent on trying to make 10 per cent a year for members then marketing the…