Smoking gun: ASIC exposes $28m in insurance kickbacks
![ASIC found about 9 per cent of super trustees had defaulted all their members as 'smokers' in the absence of contrary ...](http://web.archive.org./web/20180907092909/https://www.afr.com/content/dam/images/h/1/5/2/w/5/image.related.afrIndexLead.320x210.h152ox.png/1536312312887.jpg)
The corporate regulator has found superannuation funds are automatically classing customers as smokers resulting in higher insurance premiums
The corporate regulator has found superannuation funds are automatically classing customers as smokers resulting in higher insurance premiums
The pendulum has swung against emerging markets, many of which are now battling to stem a slide in their currencies, and growing debt piles.
State governments, business groups and industry are preparing to "go it alone" on preparing a framework to provide certainty for investment in the energy sector, saying they are dismayed by the implosion of the Coalition's National Energy Guarantee.
The savage and swift turnaround in the sharemarket in recent days threatens to erase all the year's hard-fought gains - what's going on?
Japan would consider the need for an extra budget in the current fiscal year to support areas devastated by a recent chain of natural disasters.
Australian stocks are barely positive for the year after a torrid weak that saw trade, emerging markets and regulation rock investor confidence.
The escalation of tensions between the US and China into a full-blown trade war rattled global markets as Donald Trump looks poised to unleash the biggest wave of tariffs so far.
The watchdog has been prevented from accessing the militant union's communications over strikes at the Port of Melbourne.
Attempting to flick the switch from Liberal Party beastliness, Scott Morrison knows advertising campaigns that promote a bond between the advertiser and the consumer are winners.
The Investa Office Fund board is inching toward endorsing a revised takeover offer from Blackstone worth more than $3.3b.
The former boss of the Australian Border Force has submitted new evidence to a parliamentary committee considering ministerial interventions in tourist visas.
Trade concerns have wiped close to $50 billion off the Australian sharemarket's market capitalisation this week as investors traded cautiously.
A teacher who mentors girls to study maths in their final years at school has been given the country's top maths-teaching award.
US Supreme Court nominee Brett Kavanaugh stressed he believes the judiciary has broad authority to check the power of the White House, but refused to criticise the man who selected him, President Donald Trump.
As politicians whip up an 'African gang' scare, New Zealand's most successful rocker Jon Toogood is touring an album to build bridges.
Richard Liu, the rags-to-riches entrepreneur who runs e-commerce giant JD.com, has been the subject of a social media storm in China this week after news broke he was arrested in the United States on Friday night and later released without charge.
Six heavyweight bidders were whittled down to arch rivals Transurban and IFM Investors. Then five days before the final decision on WestConnex, Rod Sims threw a grenade.
The incoming CEO of James Hardie thinks the shrinking size of new house lots will be a handy buffer in a property slowdown.
Alcoa has appealed to striking workers to return to work after conceding a bitter industrial dispute is having an impact on alumina production at its operations in Western Australia.
The regulator has revealed the raft of problems with the fintech lender's contracts which resulted in its ASX float being pulled.
An eight month investigation into allegations former Deputy Prime Minister Barnaby Joyce sexually harassed a Western Australian farmer has failed to reach a definitive conclusion.
Santos chief executive Kevin Gallagher has stepped up efforts to persuade manufacturers struggling with high gas prices to move to Darwin.
There might have been news of the best economic data in six years, but it didn't quite rate against the accusations of bullying, and the succession of leaks, and paybacks that drove the news cycle this week.
God save the Queen, because it seems nothing can save the Liberal Party.
Investor home lending fell to its lowest level in nine years in July as banks tightened housing credit for investors, spurred by the banking royal commission and APRA.
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