Super for housing to exacerbate affordability crisis: EslakeBY ANDREW MCKEAN | THURSDAY, 19 SEP 2024 12:51PMSuperannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by Saul Eslake. Related News |
Editor's Choice
Funds SA appoints chief investment officer
Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.
Australian Retirement Trust appoints new chief risk officer
Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.
UniSuper has 'some work to get on with' on cyber front: Chair
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.
Super framework, SMSFs conducive to financial abuse: Inquiry
Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.
Products
Expert Feed
'Chameleon ETFs': Still groundbreaking and here to stay?
It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...
Tailored or off-the-shelf: What's right for your practice?
In the ever-evolving landscape of wealth management, financial advisers and investment professionals are faced with a multitude of choices when it comes ...
Five principles for successful family office investing
At the time of writing, Australian public companies were at the end of another round of reporting their half-yearly financial results. For investors and ...
Mistaking financial literacy for retirement literacy
Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to ...
Featured Profile
Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.
Everything that successive governments have introduced to "assist" obtaining ownership of homes has been demand side driven. Nothing has ever been done to improve the supply side, in particular developers need to build roads and install utility reticulation which raises the price of producing ready to build lots in new suburbs. Stop supporting buyers and start supporting suppliers is the the answer, but this does not win elections. Politicised policy is always short term, benefit before next election, no sensible long term planning.
Spot on PATRICK MCMENAMIN