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Showing 91 - 100 of 203 results for "Cost of living"

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... have a decent retirement and having a decent retirement income is part of that picture," said Colvin. "But, if the cost of living keeps going up then to have a decent retirement the income becomes the means to that end." Colvin said investing in affordable ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks facing ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% target range by 2025, which RBA governor ...

Claimants tend to be younger women: Research

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... recently, economic worries are driving the poor financial health of women. The majority (77%) of women said the soaring cost of living was the dominant reason (compared with 57% men), while nearly a third (32%) of women are worried about funding their ...

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
... executive Jason Murray said the fund has been working hard for Australians. "And at a time of high inflation and cost of living pressure I'm delighted to announce these reductions to our members," he commented. "As a profit-to-member fund, we are always ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... supplies, and volunteers to support those affected by the COVID-19 pandemic, natural disasters, and the rising cost of living. "As we confront these and other challenges, not for profits will continue to play a vital role in strengthening and reconnecting ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... as Katy Gallagher and I work closely with our colleagues to put it together," he said. Chalmers said providing cost of living relief without adding to inflation, growing the economy in a more inclusive and sustainable way, and repairing the budget are ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... said. "I think one thing that will be a challenge will be the optics of chief executive pay, with challenges around cost of living increases and potentially difficult trading conditions for a number of companies." He added there has been increasing engagement ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures and falling property prices) along with weaker global growth, will see Australian growth slow to around 1.5% ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... reducing their pension. The work bonus income bank was previously $7800 and has been temporarily increased to ease cost of living for seniors. Pensioners have up to December 25 (extended from the original June 2023 deadline) to use the additional $4000 ...