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APRA S worst default super fund Maritime Super calls it quits

AirTree launches three new funds totaling $700M AUD – TechCrunch

More money is flowing into Australia and New Zealand’s startup ecosystems. Sydney-based AirTree Ventures, one of the region’s most prolific VC firms, announced it has raised $700 million AUD (about $493 million USD), to be divided between three investment vehicles. These include a $200 million AUD for early-stage companies that AirTree says is Australia’s largest-ever […]

Industry fund responds to Federal Court penalty

Statewide Super has responded to a $4 million penalty imposed by the Court. On Tuesday (18 January), the industry fund was hit with the penalty for “providing members with misleading information

Industry fund insists Federal Court penalty will not be paid by members

Statewide Super has responded to a $4 million penalty imposed by the court. On Tuesday, the industry fund was hit with the penalty for “providing members with misleading information regarding th

Statewide Super penalty not to be paid by members

Statewide Super has responded to the Federal Court’s $4 million penalty and says it will undertake the remediation process over the coming weeks.

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