Business News

My super fund just failed the APRA performance test. What's next?

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

iQonceptShutterstock

Failure is only the beginning.

Thirteen of Australia’s 80 closely-regulated MySuper superannuation funds have failed the APRA performance test.

There’s a fair chance you are among the one million people in them.

The results were made public on Tuesday and handed to the funds on Monday. From here on — for the...

GeoComputing Group Expands Support Center Operations
GeoComputing Group, a leading vendor in highly specialized petro-technical IT solutions, announced today that it has opened…
Inflation is easing, boosting the case for another interest rate cut in May
Daria Nipot/ShutterstockAustralia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter…
Are side hustles really a way to escape the rat race, or just passion projects for a privileged few?
PeopleImages.com - Yuri A/ShutterstockIs a “side hustle” really the only thing separating you from the life you d…
7 Best Banks Providing Payroll Solutions for Maine Businesses
Keeping track of payroll, distributing employee checks on time and tracking tax documentation is crucial to running a succe…
Major survey finds most people use AI regularly at work – but almost half admit to doing so inappropriately
Matheus Bertelli/PexelsHave you ever used ChatGPT to draft a work email? Perhaps to summarise a report, research a topic or a…
Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerity
Hagen Hopkins/Getty ImagesFinance Minister Nicola Willis has warned her 2025 “Growth Budget” will be “one o…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Reventon Sells Home for $840,000 — Donates Entire Proceeds to Fight Homelessness
$840K Donation to Vinnies Victoria to Support Australians in Housing Crisis MELBOURNE – In a powerful act of generosity, the Melbourne-based property investment and wealth management firm Reventon has successfully sold…

Flying under the radar: Australia's silent and growing competition crisis
ShutterstockAustralia has long had far less competition in consumer markets than the US.New research from the e61 Institute finds that in all but one of 17 broad industry divisions identified…
Are You Considering Financial Planning For The Future?
A financial agenda provides a detailed picture of your present financial situation, your financial objectives, and any plans you have made to reach those objectives. Details on how much cash…
Cruise Guru Celebrates CLIA Award Win with Offer for Australian Travellers
Leading Australian cruise agency, Cruise Guru, has been named ‘2019 Online Cruise Agency of the Year’ at the 19th Annual Cruise Industry Awards hosted by Cruise Lines International Association (CLIA). This…

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...