Search Results | Showing 21 - 30 of 323 results for %22Aged Pension%22 |
| | | ... recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight years of deficit, estimated ... |
| | | | ... each year, increasing to $38 billion more per annum by 2050, which then provides a significant relief for the Age Pension, aged care and health. Briggs said that a reformed retirement system that is designed around the needs of retirees will provide ... |
| | | | ... appliances (10.2%), other foods (9.2%), and meat and seafoods (8.2%) also dented retirees' budget. In 2022, richer couples aged about 65 spent $69,691 on household and day-to-day expenses, while couples living modestly spent $45,106. Wealthy couples ... |
| | | | ... benefits. Treasurer Jim Chalmers said: "Before long the cost of these tax concessions will be more than the cost of the aged pension itself and we want to make sure it's sustainable." The tax break reform will strengthen the superannuation systems ... |
| | | | ... Meanwhile, global pressures on fiscal sustainability are mounting. According to the report, the proportion of the population aged 65 and over is expected to increase significantly from 17% to 27% for OECD nations over the next 30 years, leading to a ... |
| | | | ... three expenditure programs in Budget 2022-2023, costing more than the NDIS and on par with the cost of the entire Aged Pension," Australia Institute executive director Richard Denniss said. "This data shows the idea of "self-funded" retirees is a misnomer. ... |
| | | | ... we manage the hard-earned retirement savings of more than 135,000 members from the agriculture, recruitment, healthcare, aged care, education and other industries," Alexander said. "It's an exciting time to join Prime Super and the fund is in a strong ... |
| | | | ... which is seven industrialised nations, 85% of employment growth for the last 20 years is coming from an increase in people aged 50 and above." While the labour market is being driven more by people working for longer, Scott points out there are still ... |
| | | | ... retirement has risen again in the September quarter. The ASFA Retirement Standard September quarter 2022 figures show that couples aged around 65 living a comfortable retirement now need to spend $68,014 per year and singles $48,2666, both up by 1.9% ... |
| | | | ... stronger. It's not looking for extra expenditure, it's also recognising that there are financial pressures in terms of aged care and NDIS." "So instead of someone earning half a percent, or 1%, on their term deposit they are now earning 2%, it's ... |
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