Mark Machin, president and chief executive of the CPP Investment Board, says the fund can manage $C366 billion at a cost ...

Canada shows big is beautiful

If the future of Australia's superannuation sector revolves around a handful of mega-sized industry funds, each with more than $200 billion in assets, then Canada's pension industry provides the ideal place for some crystal ball gazing.

ClearView's boiler room on show

Insurer and wealth manager ClearView has admitted to more than 300,000 breaches of anti-hawking laws and selling lower quality life insurance policies to poor people on the first day of insurance hearings.

Telstra ramps up 5G rollout

Telstra says its plans to roll out 5G infrastructure early will give it an edge. Optus and Vodafone say it is a waste of time.

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Household debt crisis 'not imminent'

The risks to banks and households are 'high' after a 30-year debt binge, but a robust economy and falling unemployment mean widespread financial distress among households is not on the horizon.

Ramelius adds fuel to fire in gold sector M&A;

Ramelius Resources has added fuel to the fire under merger and acquisitions in the gold sector with an aggressive $59 million bid for a junior explorer sitting on a 485,000 ounce ore reserve in Western Australia.

Opinion

'Peter, long-time between calls'

Peter Dutton has again denied misleading Parliament over the growing au pair scandal, despite an email showing a former police colleague greeted him by name.

Coalition MP Warren Entsch says he has seen text messages sent to colleagues by high profile media commentators that ...

How shock jocks demanded Turnbull's head

Coalition MP Warren Entsch has seen text messages sent to colleagues by high profile media commentators that were hateful of Malcolm Turnbull and demanded he be dumped.

Theresa May's Brexit plans 'opposed by 80 rebels'

The British PM's Conservative Party faces a "catastrophic split" if she persists with her proposals on Brexit, which 80 or more of her lawmakers are prepared to vote against, a former junior minister said.

Personal Finance

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Treasury's directors push meets resistance

Business groups are resisting a push by federal Treasury for the Hayne royal commission to recommend the annual election of directors, limit terms and impose restrictions on board seats.

Uni appeals to staff to accept longer hours

Victoria University in Melbourne has appealed to staff to agree to more staff hours and streamlined dispute settling processes, but the NTEU says the deal "takes away staff and rights".