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Showing 171 - 180 of 1678 results for "Workers"

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the Takers ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
Coalition members have called for reforms that would give workers the choice to limit their superannuation guarantee (SG) - to receive higher take-home pay. National Party senator Matt Canavan said the Coalition should consider giving workers more control ...

CEFC invests $100m into affordable housing strategy

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025
... $100 million in AXA Investment Managers Alternatives' build-to-rent strategy providing affordable homes for essential workers. The investment brings the Clean Energy Finance Corporation (CEFC) total commitment to residential energy efficiency and sustainability ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... billion in lost retirements savings - which notably, disproportionately affects lower-income earners, women, and casual workers. Payday super would lead to almost nine million Australians receiving their super contributions more frequently throughout ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... Thiris noted that the strong labour market likely weighed down productivity growth, as many new, younger, less experienced workers joined the labour force - which can act as a drag on productivity in the short-term as they tend to take time to acquire ...

IFM urges investment in housing, hires former Dexus chief

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... The report detailed the steps governments could take to boost investment to deliver appropriate risk-adjusted returns to workers' retirement savings and deliver housing at scale. The key recommendation in the report - aimed at doubling the Housing Australia ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... superannuation entitlements in 2021-22. The average affected worker - mostly women, people in insecure work, migrants, and younger workers - lost $1800 in super, which could result in $30,000 less in retirement savings. The government has committed to ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
Insignia Financial has tapped SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
... greater assertiveness in pursuing insurance benefits," the report said. The research also indicated that white collar workers are most likely to be permanently disabled due to mental health conditions than blue collar workers, the increase in permanent ...

GESB renews administration mandate

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2024
The fund for Western Australian public sector workers has renewed its mandate with MUFG Retirement Solutions. MUFG Retirement Solutions, formerly Link Group, has held the mandate since July 2014 when the Western Australian government first outsourced ...