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Showing 141 - 150 of 1513 results for "Save"

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... retirement," AustralianSuper chief executive Paul Schroder said. "For a 25-year-old man on a median wage our data suggests they will save $459,000 for their retirement, while for a 25-year-old woman on a median wage it is $334,000, which is a material ...

Aussies say they're paying too much tax

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2024
... Finder said many see the stage 3 tax cuts as a welcome reprieve, with those earning between $45,000 and $135,000 a year to save a further $804. "That means someone earning the median Australian income of $83,200 will get a $1759 tax cut over 12 months ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... new role, Davis will champion policies aimed at bettering capital markets and increasing accessibility for investors to "save for a secure future." Serving as chief investment officer and global head of Vanguard Investment Management Group since 2017 ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
The government's amendments to the stage 3 tax cuts have been passed and 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 ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... regret that later because Division 296 Tax makes that so wildly attractive?" she asked. While not all SMSFs will necessarily save $3 million or more, they are nonetheless aspiring to maximise their retirement savings, Heffron said. For that group, $3 ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... savings and make the most of the favourable tax settings in the super system. These settings are in place to help people save for retirement and ultimately take pressure off the taxpayer by reducing demand for the Age Pension, so those who are in a position ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... funds - which is to prioritise generating competitive investment returns (38%) followed by low-income earners who wish to save more for their retirement (37%). These are followed by making the superannuation system simpler and more transparent (35%) ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... and providing new customer portals. The partnership is due to commence in FY25. Challenger expects the new technology will save it $90 million over seven years. Focusing on broadening its customer reach, Challenger said the partnership will enable it ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... Neighbours of Fish Farming and Living Oceans Society on the campaign to change the Woolworths and Coles salmon supply chain to save the Maugean skate from extinction. On its first two campaigns SIX is collaborating with groups whose supporter base together ...