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Showing 11 - 20 of 173 results for "Poverty"

Bill Gates to shutter Gates Foundation in 2045

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... is we can put the world on a path to ending preventable deaths of moms and babies and lifting millions of people out of poverty. I believe we can leave the next generation better off and better prepared to fight the next set of challenges." He said the ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... should sacrifice their future financial security to meet daily living costs, which would exacerbate women's retirement poverty risk. The super advocacy group said time out of the workforce is a key reason women are currently approaching retirement with ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
Most retirees who rent live in poverty, including more than three in four single women, and this problem is set to get worse, according to a Grattan Institute report. While the Age Pension provides an adequate, albeit modest income in retirement for ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... percentage the older you get." Separately, SCA highlighted the struggles of retired renters, who have higher levels of poverty and financial stress compared to homeowners. "We've previously highlighted how rental assistance is insufficient for this growing ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... enormous wealth of a tiny few," Morgain commented. Conversely, the World Bank calculates that the number of people living in poverty has barely changed since 1990. Another Oxfam poll of 2902 millionaires from around the world reveals that 63% think the ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... superannuation taxation concessions. This at a time when around 23% of Australian retirees end their working lives in poverty, compared to 11.1% in Sweden and 3.8% in Norway," he said. "Superannuation tax concessions are designed to encourage people ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... since it opened itself to the world in 1978, saw GDP growth average over 9% per year and lift 800 million people out of poverty, according to the World Bank. Whilst GDP growth has cooled in recent years, the US is adamant on containing its biggest rival. ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... Australia (ASFA) chief executive Mary Delahunty said single and divorced women are already most at risk of persistent poverty in retirement and allowing them to raid their super early risks entrenching them in poverty. "Why do we expect women, especially ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... they should sacrifice their future financial security to meet daily living costs - exacerbating women's retirement poverty risk. SMC chief executive Misha Shubert said the organisation has urged the Coalition to reverse the policy. "This opt-out ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... decades," Wilson said. "We are no closer to improving outcomes for First Nations Australians, or those experiencing persistent poverty. This is unacceptable in one of the richest countries in the world on a per capita basis. "Housing affordability has ...