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Showing 11 - 20 of 67 results for "Younger Australians"

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... to them. Vanguard's survey of more than 1800 working and retired Australians aged 18 years and older found younger Australians are generally relatively confident about their retirement, but this confidence wanes as they get older and the longer they ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... strong among older Australians who are four times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... University found the early access scheme introduced during the COVID pandemic was predominately taken up by younger Australians in lower paid occupations and living in rural or remote Australia. "They weren't extracting their accumulated money to ...

The great wealth transfer at risk: Research

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
... "However, what our research shows is the level of financial literacy and responsible money management among younger Australians calls into question whether they have the skills to ensure they are able to pass a similar inheritance on to their own children." ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... property downturn and jittery investment markets." Owen added stress impacts on women, single parents and younger Australians are particularly concerning. That said, he believes there are reasons to be optimistic. "Unemployment is at historic lows, our ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... Bragg said. "Our three-pillar retirement system is based around home ownership, but it is plummeting amongst younger Australians." One of Bragg's solutions to this problem is to open super for housing by expanding the liberals 2022 election policy. Bragg ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... which is an unexpected and infrequent occurrence in Australia. This approach should limit negative impacts on younger Australians and women." The committee clarified that such a measure would be dependent on also implementing other recommendations to ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... Superhero co-founder and chief executive John Winters said. "A lack of transparency and investment choice has left younger Australians feeling disengaged with their super despite being very engaged in other areas of their finances, with more young Aussies ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... Findex chief financial officer said Matt Games said. "While there are some encouraging signs in the data that younger Australians are financially savvy, there are also some real areas for concern. While half of young Australians feel in control of their ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... Actuaries Institute. Calling it "a year like no other", Actuaries Institute's Intergenerational Equity Index says younger Australians will see a reversal in their improved conditions from 2020 as government support measures are withdrawn. "The Index ...