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3 May 2026
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* One quarter of Americans surveyed couldn't say whether $100 earning 2% interest per year would grow to more than $102, less than $102 or exactly $102 after five years.
* On the day FOFA comes into effect, responsibility has passed to David Bradbury, who is now Assistant Treasurer and Minister Assisting for Financial Services and Superannuation. He will be assisting the new Treasurer, Chris Bowen.
* APRA has announced the final version of the government guarantee on deposits, requiring a Single Customer View from any ADI.
* Michael Lewis tells his Sydney audience, “It’s pretty hard to imagine anyone who’s good at investing paying any attention to what happened on CNBC.” (24 hour news channel).
* 47% of Australians are likely to have missing superannuation worth $18 billion. It's easy to check directly on the Money Smart website.
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