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ASIC accuses AustralianSuper of death benefit delays

Australia’s largest superannuation fund is being accused of delaying death benefits claims for nearly 7000 of its policyholders. The Australian Securities and

Dip in property prices slows growth in housing value

The rising value of Australia’s housing stock has slowed, as property prices fall in some parts of the country. Australian Bureau of Statistics (ABS) data shows the

Alfred catastrophe declaration prioritises insurance claims

Tropical Cyclone Alfred and the related severe weather event in South-East Queensland and northern New South Wales has been declared an insurance catastrophe, allowing

Per capita GDP returns to the black

Australia’s per capita Gross Domestic Product (GDP) grew for the first time in almost two years last quarter. Australian Bureau of Statistics (ABS) data shows overall

$52.4b current account deficit largest since 2016

Australia’s current account deficit was $52.4 billion last year, the largest in almost 10 years. The latest Australian Bureau of Statistics (ABS) data, released today,

Nature’s economic benefit measured for the first time

Australia’s ecosystems contribute at least $85 billon in value to the national economy, according to a first-of-its-kind report. The Australia Bureau of Statistics

Insurers call for $30 billion fund for flood defence

Australia’s insurance industry has proposed a $30 billion fund to protect some of the country’s most flood-prone areas. In its policy recommendations in the lead up

Most Australians want cash mandate for businesses

Nearly every Australian supports a government mandate for businesses to continue to accept cash. A survey by consumer group Choice found 97 percent of Aussies thought it

Should you worry super is invested in private markets?

By Mark Melatos If you are a member of a super fund, some of your long-term savings are probably invested in private markets. Public markets are familiar to most of us

Petrol prices drop to a three-year low

Petrol prices across Australia have hit a three-year low, while Brisbane motorists had to tolerate the biggest gap between retail and wholesale prices in the

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