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Showing 131 - 140 of 202 results for "Older Australian"

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
The Government is committed to ensuring the super system is sustainable, flexible and has integrity. The objective of superannuation, as recommended by the Financial System Inquiry, is 'to provide income in retirement to substitute or supplement the ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...

Budget delivers blow to aged care

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... commitment to broader aged care reform and support the rollout of the Coalition's recent law change ensuring an older Australian's home care package follows them if they change location - putting consumers, not the aged care provider, in charge of their ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
Contrary to the consensus view that older Australians are tired with super policy tinkering, a new survey of predominantly baby boomers shows that people are open to changes to the rules that promote fairness and contribute to the system's overall sustainability. ...

Pre-retirees understand super's objective

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
More than 80% of pre-retirees are expecting superannuation to be the source of their retirement income, highlighting senior Australians are conscious of super's objective. A recent survey commissioned by Challenger, and conducted by the National Seniors ...

National Seniors chief steps down

ALEX BURKE  |  THURSDAY, 7 APR 2016
The chief executive of National Seniors has announced he will step down to pave way for "fresh blood and fresh ideas." Michael O'Neill has been at the helm of the older Australians lobby group since 2006; he initially only planned to stay in the role ...

Death tax would save budget billions: Costello

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The pre-budget cloud of ideas continues to thicken with Community Council for Australia chair Tim Costello advocating the federal government create an estate duty or death tax. Costello and the Council believe such a tax would generate more than $5 ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
Associations representing the superannuation industry have railed against speculation the government is considering freezing scheduled increases to the super guarantee (SG). The Association of Superannuation Funds of Australia (ASFA) said the move would ...

Seniors react to Commission's retirement housing idea

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
The Combined Pensioners and Superannuants Association (CPSA) has called on the federal government to create a policy that achieves housing security for all rather than acting on recommendations calling for retirees to sell down the family home. CPSA ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
Australia's older home owners could achieve a modest retirement living standard by drawing on their home equity according to a Productivity Commission report released today. The report, Housing Decisions of Older Australians, suggests most older Australians' ...