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ASIC seeks $27 million penalty against Australian Super
ASIC alleges that, for almost 10 years, AustralianSuper failed to identify and merge multiple accounts for 90,000 members, costing those members $69 million.
Millions of Aussies to receive cost of living relief this month
Aussies are set to benefit from cheaper energy bills, higher Centrelink payments and more affordable medications from this month.
New CPI data shows inflation eased in July
While the slowing of annual inflation is welcome, it may not mean an interest rate cut is on the cards.
Zombie companies on the rise in Australia
The number of zombie companies in Australia has jumped 13.6% in the past year. So what is a zombie company?
ASIC issues first stop order for crowd funding
ASIC has issued an interim stop order preventing Hirehood from offering securities under its crowd-sourced funding offer document.
Dividends are up but share buybacks fall
Global companies spent $181 billion less on share buybacks in 2023 compared to 2022, a new report shows.
Cost of living pressures dampen retiree confidence
Two in three Australians over 60 are concerned about the impact elevated living costs will have on their financial position in retirement.
Aware Super chair to be next governor-general
Samantha Mostyn has been named as Australia's 28th governor-general, taking over from David Hurley on July 1.
Vanguard lowers VGB management fees
Vanguard Australia has reduced the management fee for the Vanguard Australian Government Bond (VGB) Index ETF by four basis points from 0.20% to 0.16% per annum.
Treasurer expected to deliver Budget surplus
Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be.