Abbott government to index military pensionsBY ALEX DUNNIN | TUESDAY, 25 SEP 2012 12:55PMIn a major speech on military policy to the Returned Services League national conference this morning, opposition leader Tony Abbott vowed to index military retirement pensions if elected next year. |
Editor's Choice
Colchester launches first two ETFs in Australia
Colchester Global Investors has handed a mandate to Equity Trustees for two new ETFs, making it's first offerings in Australia.
Local advice sector an attractive opportunity for global PE firms
Local experts are observing a growing investment opportunity in Australian advice platforms that may not be as apparent for global investors, but since the sector is currently at its "infancy", many can capitalise on buying low and selling high.
FSC calls for tougher oversight of advice licensees
The Financial Services Council (FSC) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures.
State Street launches first active ETFs in Australia
State Street Investment Management has launched two actively managed exchange-traded funds (ETFs) in an extension of its partnership with Blackstone Credit and Insurance.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
It would appear as though Tony has learnt nothing in his years in Parliment. Indexing pensions is grossly irresponsible and what has in the past generated unfunded liabilities. May I remind readers that unfunded index pensions in the USA has generated significant unfunded liabilities. Talk about fiscal responsibility or lack of.
Tony is right these brave people dont even get the deal that the pollies get. Future Funds are set up to fund the liabilities The pensions of service personell are hardly going to break the federal budget. Maybe handing out $900 checks to every one is more fiscally responsible? These peoples' pensions are falling behind AWOTE service to country at least deserves that don't you think?
So, in equity terms I assume the Coalition will also be extending this overdue reform to retired Australian Public Service staff?