Conservative Australian politicians Andrew Bragg and Pauline Hanson criticize the $4.4tn compulsory superannuation system as broken and a policy failure, contrasting with Treasury data and international experts who highlight its long-term stability.
Australia's largest super fund, AustralianSuper, has become the biggest investor in coalminer Whitehaven, raising concerns about its commitment to net-zero emissions targets set in 2020. Despite dumping coal holdings six years ago, the $388bn fund now holds over $600m in Whitehaven, prompting criticism over prioritizing investment returns over climate risks.
The Socceroos prepare for a crucial World Cup match against Paraguay, while rescuers race to save thousands trapped after a devastating earthquake in Venezuela. In Australia, Karl Stefanovic has left Nine following criticism over a podcast, and a new political party, Community Strong Australia, has launched.
The Supreme Court ruled that temporary casual labourers in government departments are entitled to pensionary benefits upon superannuation, even if their jobs are not regularized. The court rejected the government's plea of financial burden, stating pension is an enforceable constitutional right and a deferred wage.
