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    Wealth

    Superannuation & SMSFs

    May

    Dylan Jones

    Super for housing could only work for the fastest movers: experts

    First home buyers struggling to save a deposit might welcome the Coalition’s promise to let borrowers tap their super for property, but economists say it will only push up house prices.

    • Updated
    • Lucy Dean
    A Senate Economics Committee interim report says borrowers should be able to access their super.

    Let first home buyers drain super for property: Senate committee

    First home buyers should be able to withdraw all their retirement savings to buy a house, a Coalition-dominated Senate committee has found.

    • Lucy Dean
    ASIC’s Simone Constant says super funds found evidence of fees being charged but no service delivered.

    ASIC finds super funds still charging fees for no service

    Super funds are obliged to ensure members are only charged for financial advice they actually receive but not all are doing so.

    • Michelle Bowes
    Google’s Cloud

    615,000 customers locked out of super accounts by Google fail

    The super fund has blamed Google’s cloud computing services for the prolonged outage.

    • Lucy Dean

    April

    Nick Moir

    Super fund sued over customers’ unpaid penalties in ‘unique’ case

    The claim that ESSSuper left customers more than $40 million out of pocket could prove a test case on how rigorously the $3.6 trillion industry is held accountable for meeting its trustee duties.

    • Hannah Wootton