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Showing 91 - 100 of 197 results for "Cost-of-living"

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 ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
The increased cost of living has left Australians feeling financially stressed; however, a large cohort believes financial advice could be the solution - if it were affordable. A new survey by the Australian Retirement Trust (ART) reviewed feedback ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... stand-off. Of those surveyed, 97% of candidates told researchers that the minimum fair pay rise during the current cost of living crisis would either need to match or surpass inflation, showing expectations among the workforce are growing increasingly ...

Confidence in a 'comfortable' retirement nears lows

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... information and wanting to be better prepared. Non-retirees shared they are seeking enhancements around projections of cost of living for different lifestyles, expected weekly income, and inflation adjustments. "Providing this support and broader advice ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... poor affordability, rising mortgage rates, some rise in new listings, a rotation in household spending from goods, cost of living pressures, and a collapse in homebuyer confidence," Oliver said. Though, he argued the biggest driver of the slump is rising ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... retiree benefits. Even within states, it was said that there are often varying sets of rules and provisions for how cost of living adjustments (COLA) is handled. Most pension plans have linked COLA rates to inflation, but approximately 168 state and ...

Retirement fears on the rise: AMP

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... savings for their retirement," AMP general manager retirement solutions Ben Hillier said. "Heightened by increasing cost of living pressures, this fear of running out stems from a basic lack of understanding- an awareness gap- of their finances and the ...