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Showing 11 - 20 of 35 results for "McCrea"

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... the past quarter, ASFA said the causes of those increases lie mainly outside Australia. ASFA deputy chief executive Glen McCrea said: "The global energy crisis, raw material scarcity, and supply chain disruptions caused by ongoing Covid lockdowns in ...

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... detrimental impact that this has had for the retirement savings of millions of Australians," ASFA deputy chief executive Glenn McCrea said. He also used the data as an opportunity to once again push for a legislated objective of superannuation. "It's ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... impact of 5.1% for wage earners, the reality is that retirees are doing it tough too," ASFA deputy chief executive Glen McCrea said. The percentage increases in the budgets for those aged around 65 were less than the increase in the March quarter All ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... prices, exacerbating the upswing of the current house price-credit cycle," the report read. ASFA deputy chief executive Glen McCrea commented that the early release of superannuation for housing is not a panacea. "It is not in line with the objectives ...

Hostplus expands IP Group commitment

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
Hostplus has invested a further $75 million with IP Group Australia. This adds to the existing $135 million committed via the IP Group Hostplus Innovation Fund. IP Group specialises in intellectual property commercialisation. The additional investment ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... are now facing significant pressure on their budgets from non-discretionary inflation," ASFA deputy chief executive Glen McCrea said. "This means unavoidable price increases on goods and services such as food, petrol and health costs. "It's critical ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... to pass the Bill without delay," she said. Association of Superannuation Funds of Australia deputy chief executive Glen McCrea said legislating the Retirement Income Covenant is a significant step in encouraging the further development of the retirement ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... increased rates after implementing smaller rises, rebates or rate freezes last year," ASFA deputy chief executive Glen McCrea said. Over the past year, automotive fuel prices rose sharply (+24.6%), as did the price of motor vehicles (+6.2%), and domestic ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... has reduced the number of lost and inactive super accounts by 13 million since 2015," ASFA deputy chief executive Glen McCrea said. Despite the significant reduction in multiple accounts, the number of lost and inactive accounts held by the ATO has remained ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... key objective of super is to provide dignity in retirement," ASFA deputy chief executive and chief policy officer Glen McCrea said. "It's clear that the Super Guarantee rise puts Australians firmly on track to achieve the dignified retirements they ...