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Showing 1 - 10 of 28 results for "Gig economy"

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... latest industry fund calling for an extension of compulsory Superannuation Guarantee (SG) benefits to workers in the gig economy, amid concerns these workers will be "vulnerable to poverty" later in life. HESTA chief executive Debby Blakey stressed the ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... deputy chief executive Glen McCrea. "The upcoming federal budget provides an opportunity to bring the self-employed and gig economy workers into the compulsory superannuation system." The survey follows ISA analysis that suggested the average gig worker ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... average gig worker could have up to $29,000 more in their retirement nest egg if super was paid to the workforce. The gig economy, which spans across 275,00 Australian workers, includes delivery drivers, disability carers, IT professionals, education ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... part-time and casual work - including young people finding their feet in the workforce and casual employees in the gig economy - short-changing them of valuable retirement savings." And HESTA chief executive Debby Blakey said the requirement to earn ...

Financial services eyes gig economy workers

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
Up to 20% of the financial services sector will likely comprise gig economy employees over the next five years, a study from PwC shows. More than half (52%) of the 500 financial institutions surveyed expect to hire more gig-based employees, despite ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... category for the Superannuation Guarantee to ensure fairness in retirement for those who are self-employed or in the gig economy. Further to this, ASFA proposed that with the introduction of Single Touch Payroll, there is no reason why superannuation ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Less than 1.5% of gig economy workers are contributing to a superannuation account, a new report from the Actuaries Institute reveals. That's a key finding from the Actuaries Institute report, which also found that even when they do make contributions ...

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
... climate change and mental health." Bui hopes to deliver major papers on intergenerational wealth and equity and the gig economy during her term. She also expects to contribute to discussions on data and ethics. "Data is the future. If we manage it wisely ...

AustralianSuper SG modelling paints dismal picture

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
The average female member of Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... retirement," he said. The Actuaries Institute has also warned the evolving employment landscape in Australia, driven by the "gig economy", could put many Australians at risk of falling outside of the retirement system. It argues the gig economy will ...
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