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Showing 1 - 10 of 1246 results for "Household"

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... stocks with defensive earnings, robust cash flows, strong balance sheets and cost control amid the ongoing contraction in household budgets. "We believe that now is the time for investors to evaluate the balance in their portfolios. It's important for ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... by only 1.75% in 2023-24, before regaining momentum in 2024-25 as improving real incomes growth support a recovery in household consumption.

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... and electricity - begin to ease." The ASFA Standard covers everyday expenses like health, communication, clothing, and household goods. It accounts for community expectations and changing lifestyle spending habits. "The cost of medical services increased ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... they reach their life expectancy age, and more than 40% are retiring with mortgage debt - 33% of which, if a coupled household, would exhaust their super in paying off. The research also found that retirees find the super system and retirement too complex. ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... retail trade, and repair of motor vehicles and motorcycles drove the 0.6% decline in activity in the fourth quarter. Household consumption fell 0.1% in the last quarter as a result of lower spending on recreation and culture, miscellaneous goods and ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... expanding superannuation advice. This can include super funds to consider a broader range of a member's personal and household circumstances such as debt, spouse's income, or age pension eligibility. If enacted, the Actuaries Institute suggests ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... governor Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption growth is weak, as is dwelling investment," she said. The prices of goods continued to ease reflecting the resolution ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
The federal government has officially released amendments to Stage 3 income tax cuts, saying that cost-of-living pressures has forced it to do so. Among the changes, Treasury is proposing to reduce the 19% tax rate to 16% and increase the threshold ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
Bitcoin exchange-traded funds (ETFs) have been approved by the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional ...
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