The Australian securities regulator said on Friday it initiated a lawsuit against the trustee of AustralianSuper, citing the country s largest superannuation fund failed to have adequate policies. -Today at 08:57 pm- MarketScreener
Regulator Sues AustralianSuper Over Multiple Pension Accounts usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Banking and technology stocks dragged
Australian shares lower on Wednesday, as data showed the
country s economy grew modestly in the second quarter. The S&P/ASX 200 index ended 0.8%.
Australian shares rallied to close
higher on Wednesday on broad based gains after inflation eased
to a 17-month low, leaving room for the central bank to stand
pat on the benchmark rate. .