Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 4075 results for "Savings"

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
... insurance in inactive accounts and transfer them to the ATO. "GESB has a long history of managing the super and retirement savings of current and former WA public sector employees," WA's Treasurer Rita Saffioti said. "These commonsense changes will ultimately ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... there are fears around the alliance between the Labor party and the Greens, who want even more taxes applied to retirement savings. "My hope is if the Labor party do form minority government with the far-left party, they have even less numbers in the ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... legislation following the passage of the Superannuation (Objective) Bill 2023, the objective of superannuation is "to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way". The ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... the founder, designer and operator of the unregistered schemes, including advising individuals to invest their personal savings by setting up a SMSF to invest in a scheme".

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... charged to Brighter Super members will drop from 0.18% to 0.14%. The changes mean the bigger the balance, the bigger the savings. A member with a $50,000 balance will pay $101 in administration fees from January compared to the $105 they currently pay. ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... to have an SMSF, together making up more than 60% of the total. Together, they have more than $1 trillion in retirement savings, the bulk of which is invested in listed shares. This is followed by cash and term deposits and non-residential properties. ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... demonstrated how innovative superannuation policy can give individuals more choice and control over their super and use it as a savings vehicle, enabling to save for a home deposit. "Superannuation is an important part of the retirement system, but it's ...

Australians satisfied with super performance: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... retirement or as a means of preventing reliance on the Age Pension. Just 4% said they'd rather have access to those savings now for personal use; they were typically located in regional and rural areas. "This research clearly shows Australians are ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... strategy that would acknowledge how the three pillars of retirement income - superannuation, the age pension, and private savings - interact to ensure all Australians have access to adequate, sustainable, and equitable retirement income. ASFA is calling ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... trustworthy, and have the personal integrity and independence of mind necessary to be effective guardians of members' savings. The CFMEU can nominate three of the 14 positions to the board, and Cbus has confirmed its nominations of Crumlin, O'Mara ...