What will happen to super funds now?

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Australians managing their superannuation or trying to build a nest egg will be wondering what to do as the full impact of Britains decision to leave the UK pulls down stock markets.  

'Mayhem' as Australians rush to buy pounds

British one pound sterling coins stand in front of a British Union flag, also known as a Union Jack, in this arranged ...

Australian currency shops are experiencing "mayhem" after Britain voted to leave the European Union and the Pound Sterling fell to its lowest point in more than 30 years.

Macquarie to face penalties over van Eyk fund

Macquarie agreed to a statement of facts with ASIC over investments by a fund for which it was responsible entity.

Macquarie Investment Management concedes it did not do enough as responsible entity to assess the risks taken by a van Eyk fund that collapsed in 2014, after investing $30 million in a Cayman Islands fund.

Traders gear up for Brexit all-nighter

It's going to be a long busy night in London's Canary Wharf financial and business district.

Across Europe, banks are bringing in sleeping bags and bunk beds: It promises to be a record-setting night, whether in terms of trading volatility or in gallons of coffee consumed.

CBA leading the way on diversity

CBA has appointed Anna Lenahan as a new group executive.

CBA has poached Suncorp's chief risk officer, Anna Lenahan, as a new group executive, a hire that will mean women make up half of the 12 senior executive positions reporting to CEO Ian Narev.

Mortgage holders still in too much debt

Home lending standards may tighten further according to new Macquarie research.

Australian banks still allow property investors to borrow a significantly larger multiple of their income than owner-occupiers, despite a crackdown on lending.

Deposits lift on Apple Pay, says ANZ Bank

ANZ chief executive Shayne Elliott, left, and managing director, products & marketing Matt Boss.

ANZ Bank says it has posted strong growth in customers opening deposit accounts in the first full month after its deal to give customers access to Apple Pay on their iPhones.

Brexit fallout set to rattle markets

London traders try to make sense of the unfolding referendum drama on Friday. More volatility is expected this week.

Markets are set for further volatility this week as the after-shocks of Britain's historic vote to leave the European Union continue to rumble across the globe.

Uncertainty prevails for property investors post Brexit

A group of young people gather to protest at Parliament Square in London the day after a majority of the British public ...

Australian property investors are predicting short-term turmoil in Britain following the vote to leave the EU, but are also expecting that the volatility will trigger an inflow of capital as overseas cash seeks safe havens outside of Europe.

Brexit will not force RBA rate cut, say economists

Australia's main concern at the moment is the hit to corporate, consumer and investor confidence as the world digests ...

Global markets are braced for further volatility this week, but the direct impact on Australia of Britain's decision to exit the European Union should not go too far beyond the hit to investor sentiment for now, say economists.

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