Amy Bainbridge

Cbus Super, one of Australia’s largest pension funds, lacked proper procedures to ensure key expenses decisions were made in the best financial interests of its members, according to an independent review by Deloitte.

Cbus Super , one of Australia's largest pension funds, lacked proper procedures to ensure key expenses decisions were made in the best financial interests of its members, according to an independent review by Deloitte.

Good morning, it’s Amy in Melbourne with the news you need to start your Wednesday. Today’s must-reads:• Beijing ends meat works ban • Cbus Super review results• Hedge funds on the Kiwi

Australian pension fund Brighter Super is switching billions of dollars of equities assets to active management, as it bets increasing volatility will create a widening chasm between winners and losers in listed markets.

Hello, it’s Amy here with all the news you need to get your day started. Today’s must-reads:• DigiCo Infrastructure REIT’s ASX listing• Unemployment unexpectedly falls • The latest Bloomberg Australia podcast

Australian pension and wealth firm AMP Ltd. has become one of the nation’s first large retirement managers to invest in cryptocurrency products, allocating about A$27 million ($17.2 million) to Bitcoin futures.

An Australian pension fund regulator found the fast-growing A$4.1 trillion ($2.6 trillion) industry has weak oversight of private markets valuations, warning it may take further action if the sector fails to improve its governance and liquidity risk management.

Investment chiefs at big Australian pension funds are honing in on private assets for next year as a key source of growth for the nation’s booming A$4.1 trillion ($2.6 trillion) industry.

(Bloomberg) -- ANZ Group Holdings Ltd.'s outgoing Chief Executive Officer Shayne Elliott's compensation will drop further after the board acknowledged

A large bushfire near the scenic Grampians National Park in western Victoria is continuing to push north, authorities said Monday, with temperatures in the region set to rise in coming days.