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The Latest Breaking News from Super

Australians raided $1.6 billion in superannuation savings to pay for health care

Australians raided almost $1.6 billion from their own superannuation accounts to pay for treatments including dental, IVF and elective surgery in the past three years, almost 20 times more than a decade ago.

ABC News

Funding Circle founder Samir Desai raises £22.5m for Super Payments venture

Major investors participated in the pre-seed fundraise including an early backer of Facebook

Birmingham Post

Super benefits: Why superannuation is a compelling vehicle for investment and retirement

Our financial expert Craig Sankey explains the compelling arguments for super as both an investment and retirement vehicle.

The New Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Superannuation jumps in July but retirees lose out to inflation

Super returns jumped during July but retirees are going backwards with inflation eating into their living standards over the last year.

The New Daily

Top-ups, preservation age and early retirement: Finding balance with your super

It's about finding the right balance, namely a lifestyle decision – retire now or soon – versus a financial decision – retire later, with a larger income.

The New Daily

Labor is winding back reforms meant to hold super funds accountable to their members

Who could even question a requirement that super funds act in the best financial interests of their members?

The Conversation

Property, investment and income: Setting up your super ahead of retirement

In retirement you want a positive cashflow, so to replace your salary/wages. This is exactly what super is designed to do.

The New Daily

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Three decades after the birth of compulsory super, there’s still much left to do

Three decades after its introduction, good news is that super has made Australians better off. The great news is we can make it even better.

The New Daily

Eligible for an overseas pension? Keep these points in mind

Licensed financial adviser Craig Sankey explains what to keep in mind if you are eligible for more than one pension. Plus, advice on investing inside super.

The New Daily

Superannuation funds set for worst returns since global financial crisis

Superannuation funds are set to record their worst performance since the GFC as sharemarkets plunge due to high inflation and rising interest rates.

The New Daily

What to do with your superannuation before the end of the financial year

Reviewing your superannuation is a sensible thing to do before the end of the financial year. That's because it provides great tax advantages.

The New Daily

Super fund returns set to fall amid rising inflation and interest rates

But economists say pulling money out of retirement savings to try to pick the market can result in further losses

The Guardian - AU

Scott Morrison’s first-home buyers scheme will jack up prices, not build homes

The Coalition's superannuation backed first home buyers scheme will push up prices by as much as $134,000 but not increase the supply of housing

The New Daily

Brent Impey: Drop the personal agendas and play to the whistle

After 10 years as a director and then chair of New Zealand Rugby, Brent Impey has stepped down. His reflections on his time at the helm are typically forthright. He talks to Newsroom.

Newsroom.co.nz

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The Independent UK

Winter Paralympics: Neil Simpson admits winning landmark gold with brother was ‘very special’

Menna Fitzpatrick also won a silver in the women’s super-G to become Great Britain’s most decorated Winter Paralympian

Evening Standard

Josh Taylor beats Jack Catterall via hugely controversial split decision to remain undisputed world champion

Josh Taylor remains the undisputed super-lightweight world champion after a hugely controversial split-decision win over Jack Catterall in Glasgow.

ABC News

ATO to ramp up use of powers against employers that don't pay their workers superannuation

The Australian Taxation Office (ATO) says it will ramp up the use of its powers against employers who fail to pay workers their superannuation after being on "delay" with enforcement action against businesses during the COVID-19 pandemic.

Bangkok Post

Super sells Solar NT stake to Ayala Group

SET-listed clean power generation firm Super Energy Corporation Plc (Super) has sold its 49% share in Solar NT Holdings (Solar NT), which operates nine solar farms in Vietnam, to Ayala Group, the largest business conglomerate in the Philippines, in a move to form strategic partnership in clean energy projects.

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The New Daily

Stellar performance: Superannuation gains delivered $400 billion to Australians over 2021

Australian superannuation fund members made a stunning $400 billion in profits last year according to new research from SuperRatings.

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