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Showing 321 - 330 of 3841 results for "HOME"

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... consistent scenario - a 50-year-old woman earning an income of $55,000 with a super balance of $95,000, who is single, owns her home, and plans to retire at 67. For this scenario, the default retirement income projected by calculators varied by 74% ...

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
... commodities, and crypto assets. eToro users will also be able to sign up to Spaceship via the eToro app. In all, Spaceship is home to about $1.5 billion in funds under management. According to APRA data from March end, about $860 million of this is in ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
The Australian Competition and Consumer Commission (ACCC) won't block Stockland and Thai property developer Supalai's plan to acquire 12 of Lendlease's 16 residential community projects, but there are strings attached. The masterplanned communities ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... who already received advice, 41% believe they are more likely to feel financially comfortable, to be retired, and own their home outright. However, the cost, perceptions about the independence of advice, and the difficulty of finding an appropriate adviser ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
Australians are enduring the longest stretch of economic hardship since 2011, according to analysis by the Committee for Economic Development of Australia (CEDA). CEDA's analysis of the "misery index" - which combines inflation, unemployment, and interest ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
A recent report by economist Saul Eslake, which criticised the use of superannuation for home deposits, has been labelled "deeply flawed" by Australian Institute for Progress executive director Graham Young. Young said allowing home buyers to tap into ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million mortgagors in distress. "The government should establish an RBA-style board to ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... and investments (4%) for financial support. The rest is made up of rent from property (5%), equity release from the family home (9%), and other (8%). "There's a clear gap between expectation and reality, on a few levels," Investment Trends head of ...

HAFF receives first round commitments

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Housing Australia and the Community Housing Industry Association (CHIA) have announced commitments to the Housing Australia Future Fund (HAFF) under the first funding round. Housing Australia has selected an initial pipeline of 185 projects to potentially ...