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Showing 141 - 150 of 3123 results for "Crisis"

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... football" in the lead-up to the Federal election, slamming its portrayal as a "silver bullet solution" to a complex housing crisis. "After having this proposal soundly rejected at the last Federal election, Senator Bragg has brought back the same policy ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... retirees need a portfolio that is protected from inflation risks so that they don't experience another cost-of-living crisis when inflation has another upturn." Meanwhile, Minney noted that with over 2.5 million Australians expected to retire in ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... geopolitical tensions also contribute to the likelihood of inflation spikes," he said. "A good example of this is the Red Sea Crisis more than tripling shipping prices. Last time shipping prices spiked, we didn't feel that pain via goods prices for six ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... ranking the country with the 14th highest level of inequality. Further, Oxfam found that low-income countries face a debt crisis as their massive debt and interest repayments divert resources from crucial areas like public education, healthcare, and ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... in something like this after 2008, when the government needed to find a way to unwind the toxic assets from the mortgage crisis. More recently, tech chief executives and the federal government came together to address the fragility of America's semiconductor ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
Allowing Australians to draw from their superannuation to purchase a home will not solve the affordable housing crisis and would potentially lead to higher property prices, a new analysis from the Association of Superannuation Funds of Australia (ASFA) ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... raise prices for everyone - meaning all home buyers would pay higher mortgages for longer, exacerbating the cost-of-living crisis. "Using retirement savings for house deposits would just unleash a huge price hike," Schubert said. "That would mean higher ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
The cost-of-living crisis has the potential to threaten women's financial security in retirement, but there are overlooked yet effective strategies they can undertake to help conquer the obstinate gender superannuation gap. A new survey from Finder ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... understanding of the financial pressures many Australians are currently experiencing under the government's cost of living crisis. Luke will bring his strong command of retail economics to this important role," Dutton said. Financial Advice Association ...