Good afternoon, It has been another dark day for Australian stocks as nervous investors wipe $36bn off the ASX as US President Donald Trump moves on tariffs. ASIC has belted the superannuation industry for botching crucial member services, labelling it the poster child for what goes wrong when governance fails, as it launched legal action against AustralianSuper for delaying millions of dollars worth of death claim payouts. Snowy Hydro has delayed the resumption of essential underground work despite a partial lifting of orders banning tunnelling as the $12bn renewable energy project attempts to allay worker concerns about safety. |