Reducing the rate of compulsory super is also unlikely to help with housing affordability.
- Associate Professor of Economics, University of Sydney
Superannuation funds are under pressure to justify their expenses after one of Australia’s biggest used members’ savings for corporate hospitality.
Self-managed super funds will bear the brunt of new proposals to tax unrealised capital gains.
The regulator is worried that risks may be lurking in less transparent private markets.
Design flaws in the application process can see school leavers miss out on studying their most preferred degree, even if they are eligible to do it.
Crown Resorts has plumbed astonishing ethical and moral depths in pursuit of profits. Private equity giant Blackstone is also chasing a profit – from redeeming Crown’s reputation.
In pushing out Virgin Australia’s chief executive Paul Scurrah, new owner Bain Capital has signalled more cost-cutting is on the cards.
Virgin Australia’s cutbacks leave a big question unanswered. Can it ever become a sustainable competitor to Qantas under private equity ownership?
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