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Showing 61 - 70 of 440 results for "Industry Super Australia"

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
Latest analysis by Industry Super Australia shows about $5 billion in super went unpaid in the 2018-19 financial year, owed to about three million workers. On average, Australian workers lose about $1700 in superannuation each year, ISA said, amounting ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... average (see Figure 1). A major super fund like AustralianSuper charges 0.8% while some charge even less. Industry Super Australia argues that the establishment of a government-run fund would see a member $126,000 worse off at retirement. This is based ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
New modelling from Industry Super Australia finds that the establishment of a government-run fund would see a member $126,000 worse off at retirement. The new report, Nationalising super: Why politicians should keep their hands off your retirement savings ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
In its submission to the federal government's inquiry into housing affordability, Industry Super Australia has suggested superannuation funds could play a key role in creating more affordable housing. "Simply increasing overall housing stock will not ...

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... government are failing parents, costing mothers $1.6 billion in superannuation, according to new research from Industry Super Australia. Many employers, even large companies, still fail to pay parents parental leave - forcing them to rely on Centrelink ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
... of stakeholders." Commenting on Wilson's line of questioning in regards to super fund ownership, Industry Super Australia chief executive Bernie Dean said: "This sort of silliness is exactly why most people tuned out from this guy ages ago. Fancy ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... down to "vagaries" of the federal system. The exposure draft legislation was later released in June. Industry Super Australia (ISA) welcomed the leglisation and said it will help women get their fair share of superannuation assets when a relationship ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... retirement outcome," he said. In addition to the Hostplus deal, just last week Maritime Super cut ties with Industry Super Australia, withdrawing from the collective in a move that is set to save its 24,000 members about $350,000 a year. In confirming ...

Maritime Super dumps ISA membership

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
Industry Super Australia has announced Maritime Super has ended its association with the industry lobby group. In a statement on its website the group said it was advised on Thursday of the super fund's decision to withdraw from the industry fund ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future, Your Super legislation is due to hand out its results to superannuation ...