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Showing 451 - 460 of 1655 results for "Workers"

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... poor performing super products through its stapling measures. According to ISA, the new legislation could cost Australian workers $230,000 in retirement savings by stapling them to a product with poorer performance. "Senators that vote to shackle workers ...

MLC Life appoints claims chief

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... KPMG's insurance, superannuation and workplace health division. Between 2005 and this year, Beevors worked in the areas of workers compensation and claims. He helped modernise QBE's workers compensation claims model and more recently oversaw general ...

Fostering the ageing workforce

ANNABELLE DICKSON  |  THURSDAY, 10 JUN 2021
... Ageing Research found those aged over 55 years old make up 19% of the workforce in 2021, up from 9% in 1991. By 2050, workers aged 55 and over are expected to make up about 40% of the adult population in Australia. "Older Australians are a critical part ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... Virginia, there were less Americans unable to work in May than there were in April. This is in addition to disincentivised workers. We may call them slacks but they're presenting a perfectly rational response to the current situation. As the Wall ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... less insurance coverage or the wrong insurance policy if the stapling reforms are passed into law. Under the reforms, workers will have one default fund that follows them from job to job. "Some total and permanent disability (TPD) and life insurance ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... covering Australian and overseas employees, in consultation with PwC and King & Wood Mallesons. The FSU estimates that 58,000 workers are entitled to unpaid wages. It has been putting the pressure on NAB to remediate affected workers as quickly as possible ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
As more young workers turn to mum and dad, and social media for financial advice, a new survey finds that the educational system is failing to provide practical financial literacy skills for students as they navigate the workforce. The financial education ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... The authors of the report looked at Roy Morgan data and ANZ's Financial Wellbeing Indicator. It found that low-income workers showed a 21% decline in their ability to meet financial commitments from the pre-pandemic period to the September 2020 quarter. ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... ninth consecutive month of expansion. "Demand continued to improve markedly, encouraging companies to hire additional workers at a survey record pace," it reads. Manufacturing continues to do well with the flash estimate rising from a final reading of ...

Raw truth on merger process: Panel

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... up about the anxiety within the funds from employees as their future plans shifted and redundancies were made. "It is workers who make the merger happen, and you cannot underestimate how much work the merger is," she said. "We had lots of plans in place ...