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Budget 2024: The Budget by numbers
From delivering a second surplus to reducing government debt, here is a breakdown of the Budget by numbers.
Budget 2024: Cost of living relief takes centre stage
From tax cuts to investment into financial support services, the Federal Budget aims to reduce cost-of-living pressures for Australians.
Budget 2024: Government heeds industry calls to better support women
Between getting super on paid parental leave to improved access to healthcare support for menopause, women received a number of measures in the Budget.
Budget 2024: Chalmers looks to reset aged care, NDIS
The Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
MySuper is driving a homogenous product offering and small funds will need to fight harder to maintain their niche. Working collectively to drive efficiency be that through compliance or investing will be part of the solution. Those that survive will also have to differentiate their product and align it to their specific fund member demographics. A default option using the MySuper next generation Lifecycle exemption and factors beyond just age is the way forward. This allows for optimisation of investment of risk profiles using members projected retirement outcomes, higher member satisfaction and hence an ability for these funds not only to survive in a MySuper environment but thrive. They just need to be leaders in adopting this Australian innovation rather than followers!