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

Search Results

Showing 141 - 150 of 3117 results for "Crisis"

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 ...

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... working in the US when the Dow Jones Industrial Average hit its lowest level since 1962 and the height of the Cuban Missile Crisis. "At the close, the benchmark was at 627 and went on to bottom at 578 later in the month. The Dow Jones is currently 39,000. ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... will automatically take effect on July 1. The Albanese government said the amendments were made due to the cost of living crisis. Now, everyone will benefit from a tax cut, it said. However, those earning over $180,000 will see their promised tax cut ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... international markets," it said. Asena chair Peter Nathanial said that as part of the fallout from the global financial crisis, international banks found themselves facing enormous regulatory hurdles which ultimately resulted in changed business models ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... buy the necessities they need to live. This is real money owed to workers, compounding the impacts of the cost-of-living crisis. Even a small amount of wage theft could mean the difference between paying the rent, buying groceries, or paying for transport ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... investment option during the more common recessions of the past 35 years, indicating that COVID-19 and Global Financial Crisis were more of an exception than the norm. Principal Asset Management chief investment officer Todd Jablonski said the discount ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used to ensure that super is hermetically sealed, even though that might not be in the interest ...