Investment Strategy

Financial services role split in cabinet reshuffle

The government’s decision to rejig the financial services and superannuation portfolio handled by Bill Shorten has been criticised by the opposition, which claims breaking up the role downgrades its importance. In a recent cabinet reshuffle, Chris Bowen was confirmed as treasurer with David Bradbury named assistant treasurer and, among other portfolios, “minister assisting for financial […]
Policy and Regulation

Brogden calls on Rudd to delay Stronger Super, FoFA

Financial Services Council CEO John Brogden has appealed to the new Labor Party leadership to delay the implementation of the Stronger Super and Future of Financial Advice (FoFA) reforms by 12 months. Brogden believes much of the industry will struggle to comply with the legislation, which comes into effect on Monday. While reiterating the FSC’s […]
Hedge Funds

Media Super movie

Media Super has welcomed the national release of Australian film Not Suitable for Children despite a lukewarm opening weekend. However, the locally made romantic comedy ventures into more serious territory than the typical fodder served up by Judd Apatow, Katherine Heigl and J-Lo, so word-of-mouth may yet ensure a profitable run. The film took just over $146,000 on its debut weekend at the local box office, with […]