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Showing 101 - 110 of 197 results for "Pensioner"

Greens strike pension test deal with coalition

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
A deal between the Coalition and the Greens means special consideration will be given to retirement incomes in the federal government's Tax Discussion Paper, and proposed changes to the pension asset test will be passed by parliament. The deal was struck ...

Super tax concession savings not overly generous: NAB

DARREN SNYDER  |  TUESDAY, 16 JUN 2015
... is where the contributions and earnings are not taxed, and the income stream in retirement is taxed, usually at the pensioner's marginal tax rate," the submission states. It says an Exempt Exempt Taxable (EET) model would appropriately enable some smoothing ...

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
Federal Shadow Treasurer Chris Bowen said Labor's superannuation policy might not be universally popular but it was a better alternative to the coalition's decision to leave super alone. In a recent radio interview with ABC, Bowen labeled current superannuation ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
In the absence of an increase in the superannuation guarantee, industry representative groups agree Australians will need to put more money in to their super accounts after changes to the Age Pension were announced in the federal budget. Most changes ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
Federal Social Services Minister Scott Morrison has confirmed that the family home will never be included in the Age Pension means test under a Coalition government. At the same time, a raft of pension reforms potentially saving $2.4 billion in the ...

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN  |  TUESDAY, 28 APR 2015
... fund a reverse mortgage that will pay a top-up to the age pension, although the pension entitlement may drop for some pensioner homeowners because income from the reverse mortgage would be deemed notwithstanding their overall net retirement income stream ...

ALP outlines superannuation tax policy

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2015
The federal ALP opposition has outlined a change to their superannuation tax policy that they estimate could save $1.4 billion per year and help rebalance superannuation. The policy was outlined by shadow Treasury spokesperson Chris Bowen who said it ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
"Greece has now become like herpes to the Eurozone, once you catch it you can't get rid of it." This is what I typed on this space way back in June 2011 when the Europeans were in the midst of a sovereign debt crisis with Greece at the epicentre of ...

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
The Pensions Loan Scheme (PLS) for full age pensioners should be extended to all age pensioners who need an easy way to increase their retirement income, said a leading think tank. The Australia Institute (TAI), a progressive think tank based in Canberra ...

Mercer reveals confronting life expectancy research

MARK SMITH  |  TUESDAY, 19 AUG 2014
New mortality rate research showing white collar workers can expect to live well beyond the average life expectancy highlights the challenge of achieving a comfortable retirement. Mercer's analysis into the mortality rates of public sector pensioners ...