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| | | ... superannuation system, which includes suggestions on opening the system for Australians to use as a means to buying their first home, among others. Bragg's tome drew the ire of Industry Super Australia chief executive Bernie Dean, who said the book ... |
| | | | ... The firm's new Transformation in the Superannuation Industry report claims the 38 industry super funds currently offering a home for Australians' retirement savings will have shrunk to 21 in five years' time. By 2029, just 12 will be left standing. Conversely ... |
| | | | ... investment officer. It also appointed a replacement for head of global private capital Marcus Simpson on his retirement, bringing home Stephen Whatmore who led the team in North America. |
| | | | ... retiree to receive total additional retirement payments higher than the accumulated reduction in the person's net take home pay," the paper reads. At the current taper rate of $78, the retiree could be as much as $40,000 worse off, the paper estimates. ... |
| | | | Technically, we're not there yet but Federal Treasurer Josh Frydenberg opted not for a stay of execution and acknowledged that Australia's 29-year recession-free run is over. "Well, the answer to that is yes. And that is on the basis of the ... |
| | | | ... affordability declined, with buyers needing to dedicate a further 2.9%, 0.4% and 0.2% of their incomes respectively for the average home loan. Rental affordability also improved in the March quarter, with the proportion of income required to meet rent ... |
| | | | ... travel and tourism in Australia." A ride in gross disposable income, coupled with falls in consumption as Australians stayed home saw the household saving to income ratio rise to 5.5%. Gross disposable income was driven by a 6.2% increase in social assistance ... |
| | | | ... million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which is home to 103 advisers. Madison's advisers service about 30,000 clients totaling about $3 billion in funds under advice. ... |
| | | | Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding. Zurich said it has made a $1.4 million donation from the Z Zurich Foundation to help local community programs respond to increased demand. Zurich ... |
| | | | ... structures and the potential for equity in the business and profit share is also appealing. "With the rise of working from home due to the lockdown, many candidates are keen to maintain this flexibility as it can offer time and money savings. Candidates ... |
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