A long-awaited and welcome change to so-called ‘legacy pensions’ was proposed in the recent Federal Budget. This will benefit some older Australians who have been trapped in certain retirement income…

Australia’s economic performance is the most important driver of the financial performance of our banks who recovered well from last year.

Nearly all industries, as well as governments and citizens, have been transformed by the pandemic. Financial services is no exception.

KPMG’s Major Australian Banks Full Year Analysis Report 2020 finds that the Majors reported a combined cash profit after tax from continuing operations of $17.4 billion, down 36.6 percent on FY2019.

COVID-19 has certainly taken no prisoners and both my passions, superannuation and horse racing are no exceptions.

The COVID-19 crisis has added even more complexity to a rapidly-changing super fund sector and has disrupted established market trends.

KPMG analysis finds that the Australian major banks (‘the Majors’) have reported a decline in aggregate cash profits for the first half of 2020.

In recent days we’ve heard fears expressed that credit markets have ground to a halt as result of COVID-19: that’s not the case.

2020 is set to be a pivotal year for fintech and the wider financial services industry.