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

Search Results

Showing 271 - 280 of 868 results for "Wages"

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... increase going ahead and certainly in the last deferral their wasn't a lot of evidence of seeing that flow through into wages and we would like to see it going ahead because it's an important boost to their retirement income given the large withdrawals ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... 67.2%, 37.4% and 21.7%. Other key indicators used by CommSec to measure economic performance, were inflation rates, real wages growth and home prices. Hobart had the highest annual inflation rate in the March quarter (up 3.4%), ahead of Melbourne (2.7%) ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... our survey, 42% said they have been negatively impacted financially by COVID-19. The crisis has seen an impact on jobs and wages through such areas as reduced pay or reduced hours in a much higher proportion compared with the United States, the United ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... investments - should be viewed as a family asset. "Addressing the super gap between men and women needs to start with the wages gap and women earning more for their work," Lusher said. "Career gaps when caring for children and elderly parents will be ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... early." Similarly, Hostplus chief executive David Elia slammed questions that the SG increase would come out of Australian wages. "I don't think that is factually true," he said. "I haven't seen any evidence that statements on these trade-offs ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... have called for the legislated increase to the SG to be scrapped or frozen - a move ISA says would see a couple on average wages lose between $150,000 to $200,000 in retirement. "These MPs are out of touch not only with the community but also with their ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... SG. Bastian noted many commentators have argued the increase will have either a complete or near-complete pass-through to wages, with a 2.5% drop a direct result of the SG's legislated 2.5% increase to 12%. However his study, which analysed almost ...

ATO streamlines tax return process

ELIZA BAVIN  |  FRIDAY, 12 JUN 2020
... governments JobKeeper payments, tax returns will not be any different. The ATO said the payments will be included as salary and wages and/or allowances, in their regular income statement, which their employer should provide directly to the ATO. Sole ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... visiting fellow, and former senior public servant Michael Keating argued wage growth could help in the economic recovery. "When wages grow, spending grows (so-called 'aggregate demand'), and so does the economy, as measured by gross domestic product," ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... and get back into a sound financial position first?" Rice asked. "The extent to which superannuation contributions reduce wages, especially for different wage cohorts, is still the subject of much academic debate. Some within the industry now speculate ...