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Showing 61 - 70 of 1247 results for "Household"

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... of paid parental leave supports families to make decisions around the division of paid and unpaid care within their household." Paid parental leave is a significant tool to promote gender equality and reduce the gender pay gap, which is largely due to ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... the Association of Superannuation Funds of Australia show. The ballooning cost of bread (13.4%), electricity (11.7%), household appliances (10.2%), other foods (9.2%), and meat and seafoods (8.2%) also dented retirees' budget. In 2022, richer couples ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
As a second institution is closed by regulators, emergency measures to shore up the US financial system and prevent a banking crisis are being implemented. It comes as local tech companies confirm minimal exposures to the Silicon Valley Bank failure. ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... build or regain their confidence, manage their own finances and help those that have gone from a dual to a single-income household. "Separation and divorce tend to hit women harder than men with the average age of divorce being 38.5. At this age, many ...

AustralianSuper invests in build-to-rent-to-own affordable housing

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
AustralianSuper has partnered with Assemble to invest in affordable housing via a build-to-rent-to-own model, addressing Australia's housing crisis. AustralianSuper's investment focuses on the Assemble Futures pipeline, which aims to provide moderate-income ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... financial literacy concepts: earning, spending, saving, borrowing, and protecting, MetLife said. Pointing to statistics from Household, Income and Labour Dynamics in Australia (HILDA), more than 8.5 million people or 45% of Australians could be classified ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... in savings and $110 billion in offset accounts. The lower income group on the other hand might be feeling the pinch. Household savings for low-income earners fell materially in 2022 after experiencing growth the prior year, suggesting that "this particular ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... of the workforce (75%) by 2025. The data further revealed 22% of Gen Y women will have higher-than-average levels of household income, estimated at over $150,000. Netwealth explained third of Gen Y and Gen Z (35%) women included in the research are single ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... economic growth is expected to slow in 2023. The Australian economy is expected to slow down, with recent declines in household real wealth and disposable income expected to weigh on consumption growth. Despite this, export volumes are expected to grow ...