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Showing 361 - 370 of 2499 results for "Enough"

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... Less compelled by the super home buyer policy, Rainmaker Information identified the fact that most young people don't have enough superannuation to transfer across to a home purchase. Even if they did use their super to make a home purchase, the transfer ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
At the FINSIA 'The Regulators' event, APRA chair Wayne Byres has detailed the regulator's foremost superannuation priorities. Australia's superannuation system is the envy of the world, but Byres said it could be better. Having initially praised the ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... acknowledged people have been offering free "financial advice" or for forever and a day. "I think most Australians are sensible enough to distinguish between financial advice and a trip from a stranger," Hume said. Despite the turbulence in the advice ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... RBA has tomorrow. The RBA could lift its cash rate to 0.25% in response to the recent upside, though such a move is not enough to deal with inflation. Alternatively, the RBA could lift rates to 0.5%, a marked change in its inflationary position, but ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... damning indictment on the tax office compliance activity, finding it failed to use all its collection powers, does not have enough resources to proactively hunt those ripping workers off." ISA chief executive Bernie Dean said: "Yet another government ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... core inflation increased by 3.7% year-on-year, and the fact that inflationary pressures are starting to broaden should be enough for the RBA to start its rate hike cycle at its May meeting," he said. "Since inflation was below the lower end of the RBAs ...

Retired Aussies deserve more: Household Capital

CHLOE WALKER  |  TUESDAY, 26 APR 2022
... in retirement and aged care. Joshua Funder, Household Capital's chief executive, said that many Australians do not have enough funds in their superannuation accounts when they retire. "The simple fact is that baby boomers, who are in the process of retiring ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... $15,000 from her final retirement balance." ISA advocacy director Georgia Brumby added: "Bendigo women are retiring with not enough super and it's time to do something about it, starting with getting super paid on parental leave." "Adding super to the ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds ...

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... ASFA chief executive Martin Fahy said. "However, many Australians are concerned that while they personally may have saved enough to live well in retirement, others who don't save might become a burden on taxpayers. "In this context, there is overwhelming ...