Your superannuation is in the populist firing line
Proposals to let people raid their savings early sound like a gift. It takes away the only realistic path to a dignified retirement for millions of Australians.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
Proposals to let people raid their savings early sound like a gift. It takes away the only realistic path to a dignified retirement for millions of Australians.
The party is abandoning its protectionist foreign ownership policy in favour of a Singapore-style model that permits investment to fund critical infrastructure.
The chief investment officer of $370 billion super fund Australian Retirement Trust knows the sector has an image problem. But the reality is different, he says.
The populist party’s stated policy on foreign ownership raised the spectre of a fire sale. But Barnaby Joyce clearly understands how important it is to Australia.
AEC disclosures to be released on Monday will show the Climate200 independent campaign for Farrer raised and spent about $1.68 million.
The 55-storey tower is a high-profile barometer of Sydney’s office market. Four years ago, it was worth at $2.2 billion, today it is worth $1.7 billion.
Short interest in ASX 300 companies is almost three times levels experienced during the pandemic – and this time it stretches well beyond the big banks.
A battle over unpaid leases has resulted in the UK High Court appointing Alvarez and Marsal to oversee the airline’s sprawling assets, including its new planes.
The $2.1 billion lender has told its investors that conditions in the property market are worsening, and warned of a “significant tightening of credit”.
The high-profile hedge fund with long ties to the Packer and Darling families is “committed to broadening the long book over time” as it reassures investors.
Futures point to a drop for the sharemarket after crude jumped to a six-month high, while inflation and central banks will be keenly watched in the coming days.
The AI trade is hard to define, but has totally consumed global equity markets which account for a third of our pension assets. Has it reached the end of its run?