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Showing 431 - 440 of 2469 results for "Budget"

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... groceries like cheese, milk and yoghurt went up by 1.7%. In 2021, prices were up by around 3.5% for the comfortable couple budget and by 3.9% for the comfortable single budget. In addition, the percentage increases in the budgets for those aged around ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. Releasing details of its pre-Budget submission, ASFA has called for the introduction of a $5000 super baby bonus, payable upon the birth or adoption of a child. ...

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... are skyrocketing by 20%-25% in a year, Pratap said. "Advisers typically help clients find the right cover within their budget, but now, clients are insisting on reducing their cover or cancelling it all together," he said. Additionally, with so many ...

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... their retirement must be addressed in the new plan. "We're also looking forward to funding announcements in the federal budget that substantially support the principles and initiatives outlined in the plan." Women currently retire with 40% less super ...

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... deposit. The suggested policy has been advocated for by a range of federal government MPs, including Tim Wilson. Under a 2017 budget initiative, first home buyers can make additional voluntary contributions to their super and then withdraw that money ...

Prime Minister announces reverse mortgage scheme

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... confirmed a reverse mortgage scheme for pensioners. During a radio interview with Spencer Howson, Morrison said the mid-year budget will include a cash access scheme for pensioners. "We've had a pension loan scheme for some time, but this is making ...

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... women's financial security Jane Hume introduced the bill in October, saying it was a key commitment in the Women's Budget Statement. The omnibus bill in which the legislation is outlined was up for debate yesterday but ultimately left hanging. ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... assisting people to optimise their retirement income. The federal government reintroduced the CCIV regime in the 2021-22 budget following a period of delay. Assistant treasurer Michael Sukkar expects the CCIV regime to commence from 1 July 2022. "Currently ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... financial security Jane Hume said a bill introduced to Parliament yesterday will deliver on a key commitment in the Women's Budget Statement. The bill removes the $450 per month income threshold under which employees do not have to be paid the super ...

IOOF to adopt new name, brand

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... move is expected to cost the group up to $3 million, to be paid for out of the existing transformation and integration budget. The name change is subject to shareholder approval at the group's annual general meeting, to be held on November 25.