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Showing 21 - 30 of 197 results for "Cost of living"

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... (70), compared to pre-retirees (66). Three in four pre-retirees (76%) and 72% of the entire cohort said the rising cost of living has affected their financial security, with a third (34%) noting a significant impact. While the overarching Index score ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... financial advice, claiming those who receive advice are "twice as likely" to reach their retirement goals. "The cost of living has shaken confidence in retirement expectations. However, it has also led to more people engaging with their super and seeking ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... higher at $8.6 million from $6.8 million. "Notwithstanding the uncertain environment with high interest rates and cost of living pressures being reported across the world and in Australia, the unfortunate and continuing wars in Europe and the Middle ...

ASIC names new chief executive

MATTHEW WAI  |  FRIDAY, 17 JAN 2025
... Commenting, Gregson finds ASIC's characteristics "very appealing". "In an increasingly complex world with heightened cost of living pressures, the work of ASIC is more important than ever, and I look forward to taking the step up and helping ASIC meet ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... remain "sustainably" within the RBA's range. The research found that the tax cuts - which were implemented to offer cost of living relief and support stretched households - appear to have gone towards paying down consumer debts and mortgages, rather ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... some much-welcomed relief to superannuation members who - like all Australians - are struggling with the rising cost of living." If the settlement is approved, members of the class action should start receiving payments in March 2025. NAB remains liable ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... highly competitive market. Household deposits grew $14.9 billion in the quarter, in line with the market. While cost of living pressures remain challenging, consumer arrears - based on a 90-plus day arrears rate for home loans, personal loans, and credit ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... belts," Irvine said. "The Australian economy has remained resilient, however the impact of higher interest rates and cost of living is challenging for our customers... Not unsurprisingly, asset quality deteriorated over FY24, but we have maintained prudent ...

ACCC urges parliament to pass new merger laws

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... particularly important in the context of the current environment where increasing market concentration and growing cost of living pressures are impacting the economy and consumers," Cass-Gottlieb said. "We have now reached a significant milestone in ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Australians are finding it hard to achieve their financial goals because of inflation, the cost of living, and a complex investment landscape that's characterised by ongoing policy change, according to Generation Life research. While those with a financial ...