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Showing 161 - 170 of 197 results for "Older Australians"

Online speed nurtures consumer trust

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... are," the report's author, Christena Singh, told AAP. The Sensis report also found that an increasing amount of older Australians are using the internet, with 89% of people aged 65 and over accessing the internet in the past year, up from 59% in 2011 ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... Australian intend to delay retirement. The report, titled Financial Wellbeing: Concerns and choices amongst older Australians, also found that having a mortgage increases the likelihood of delaying retirement by 20%, three quarters of people aged between ...

Sequencing risk impacts super savings

LINDA HAUSKEN  |  THURSDAY, 14 JUN 2012
... depleted by the market downturn at a time when they are starting to draw down a pension. "The key challenge facing older Australians and those who advise them and who manage their superannuation funds is how to mitigate sequencing risk so that superannuation ...

PM rejects lifting retirement age to 70

ALEX DUNNIN  |  FRIDAY, 8 JUN 2012
... economic reform scenarios and found that optimising the tax mix and encouraging labour force participation among older Australians could potentially add $20 billion each to GDP within a decade. Increasing female labour force participation could add a ...

Govt overhauls aged care

ELISE BURGESS  |  FRIDAY, 20 APR 2012
... years today and estimates this number will reach 8.1 million by 2050. "But, as many families know, the needs of older Australians outstrip the capacity of the current system," said Minister Wong. "Without reform, this dilemma will worsen as the population ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
... nursing home bed, referring to Productivity Commission findings that reflected an "industry in crisis." "For many older Australians, the price they pay to enter care is based on how much money they have in their pockets, rather than a reflection of the ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... employees will improve the adequacy and equity of the retirement income system, and provide an incentive to older Australians to remain in the workforce for longer," said the Minister. The government said the changes will also allow employers claim income ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... proposed, including the move towards user pays. The Productivity Commission's (PC) final report 'Caring for Older Australians' has recommended government-backed reverse mortgages and an Australian Age Pensioner's Savings Account to allow people to retain ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... negative outcomes when peoples pensions benefits and aged care system,' said Burwood. Shorten has called on older Australians and other interested stakeholders to comment on the proposals. Consultation on the draft legislation closes on 17 August 201 ...

Call for self-funded retirees inclusion

ELISE BURGESS  |  MONDAY, 11 JUL 2011
... Commonwealth Seniors Health Card. Had the 2001 income limits kept pace with inflation, we wouldn't have had older Australians falling through the carbon tax compensation cracks," said O'Neill.