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Showing 131 - 140 of 1517 results for "Save"

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... inequality fell across the pandemic period, but that it is on the rise again. "Some lower-income Australians were able to save or reduce debt due to early government support. And although house prices soared during the pandemic period, the strongest ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
The California State Teachers' Retirement System (CalSTRS) has named a chief investment officer to succeed Christopher Ailman, who announced his retirement in January after a long tenure. Scott Chan, who's served as deputy chief investment officer since ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... the more than one trillion we inherited - meaning debt is $152 billion lower," Chalmers said. "A stronger Budget means we save around $80 billion in interest costs over the decade. These are the dividends of our responsible economic management." In addition ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
The tentacles of inflation are taking a toll on retirees' savings as the diminished value of their money is their biggest financial worry over healthcare costs, according to a Schroders survey. An overwhelming number of participants in the 2024 ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
The Senate Economics Committee has handed down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... industry representing $800 billion in total assets, indicated that in superannuation terms, a new worker aged 25 starting to save could face a financial disparity of $500,000 by retirement due to poor investment governance. However, on a more positive ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... caravan." For another, comfortable meant "having enough money to take an overseas trip every few years without having to save all the time". While half of participants said they have a natural fear of running out of money in retirement, the majority ...

State supports move to close super loophole exploited by paedophiles

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... solicitor Andrew Carpenter, who started the Super for Survivors campaign, said the successful motion will deter offenders, save the taxpayer money, and provide adequate compensation for victim survivors. "The taxpayer will no longer be relied upon by ...

WTW to launch dedicated private equity fund

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
Willis Towers Watson (WTW) is planning to launch a new fund that will invest in private equity opportunities including co-investments. This new private equity fund, the WTW Private Equity Access Fund (WTW PEAF), will be the first time that the asset ...

Superhero introduces $2 brokerage

KARREN VERGARA  |  MONDAY, 15 APR 2024
... a reduced amount for FX transfers of 0.65%. For an FX transfer from AUD to US$5000, the price reduction will see traders save as much as US$2.50. In conjunction with the FX transfer fee reduction, Superhero will apply US$2 brokerage on all US trades ...