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Showing 21 - 30 of 197 results for "Older Australians"

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... reform," ministers for health and ageing Mark Butler said. "These are once-in-a-generation reforms, which put older Australians at the centre of aged care. "We want to make sure that all operational, digital and legislative pieces are in place before ...

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
... capital. This cautiousness results in under-spending in retirement and increased financial insecurity among older Australians, Generation Life said. GDP has also recently entered the ASX 200, which was announce in a quarterly update that reported record ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
Modelling by the Super Members Council (SMC) shows close to one million older Australians are paying more in tax by leaving their super savings in accumulation products. The SMC said 700,000 Australians aged over 65 and no longer working full-time have ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... simplify and strengthen the transition from accumulation to the retirement phase and so provide better outcomes for older Australians. The report also suggested a slight variation to the recommendation, proposing that no minimum drawdown be required ...

Investment habits of the generations revealed

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... and managing money vary between generations, with younger people desiring quick financial gains compared to older Australians. Gen Y and Gen Z are more likely to invest in areas such as cryptocurrencies and passive ETFs compared to Gen X who make significantly ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
Older Australians are not prepared to move into aged care and most expect it to significantly diminish their wealth, as AMP calls for more support from government and financial services. New research from AMP shows most older Australians are concerned ...

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... Grattan's analysis has shown how large the wealth disparity has become over the past 25 years between younger and older Australians. She said for previously, each generation has enjoyed substantially higher incomes than their predecessors, but the generation ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... source of retirement information across all demographics, the consultation rate remains low at 21%. It said older Australians are more likely than younger people to seek professional advice. The younger cohort tends to seek consultation through family ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... said. "Australia can build an aged care system that's the envy of the world, but we need help to do it. Older Australians deserve this future, alongside the confidence of knowing that the nation is fully committed to achieving it." Similarly, UnitingCare ...