Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 437 results for "Aged Care"

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... position will reduce future fiscal flexibility," Miller said. "The significant increase ($18 billion over five years) in aged care spending is welcome but will continue the trend of a greater share of government spending being allocated to older Aust ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... Billson said. The Financial Planning Association of Australia said it welcomes a number of changes to superannuation and aged care outlined in the budget. "The FPA supports a commitment by the Government to reduce the number of regulators in financial ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... introduced from July next year. Older Australians will also be looked after in the form of a $17.7 billion injection into the aged care system. Frydenberg announced the funding of a further 80,000 home care packages to the existing 195,000. Residents ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... to capital and flexibility of drawdowns, preventing them from effectively using their retirement savings for health, aged care, and other large expenses in retirement," budget papers read. Individuals starting a new retirement product will be limited ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

Mercer launches aged care support service

KARREN VERGARA  |  MONDAY, 26 APR 2021
Mercer has launched a service to assist employees navigate the complex world of aged care. Care & Living with Mercer aims to be a one-stop shop, providing information on aged care and living options across home care, retirement living and residential ...

Synchron appoints Queensland manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... Gold Coast, Synchron's Queensland advisers are delivering outstanding client outcomes, ranging from child cover to aged care. "I'm very pleased that I will be helping them to further build and develop their practices and make the most of the ...

New finance, operations GM at Australian Unity

KARREN VERGARA  |  THURSDAY, 25 MAR 2021
... May 10. Wealth and Capital Markets chief executive Esther Kerr-Smith said Saliba's experience in the education, aged care and property sectors made her a stand-out candidate for the role as Australian Unity continues to expand its presence in the ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Every aspect of the aged care system is plagued by complexity and systemic problems that puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... stream in retirement. Furthermore, Kay said retirees need the support and tools to navigate the complex superannuation, aged care, Age Pension and taxation systems to have a comfortable retirement. Treasury veteran and economic consultant Mike Callaghan ...