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Showing 471 - 480 of 1517 results for "Save"

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... further 16% planned to spend over half. The remainder (53%) planned to spend less than half including around 25% who planned to save the full payment." Should the same stats hold when 100% of consumers receive their payments - suggesting more will be ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... discourse tends to focus on single issues at a point in time. Should the SG rate go to 12%? Is the means test a disincentive to save? Do tax concessions reduce the cost of the Age Pension? Will adequate retirement incomes be achieved?" Rice Warner said. ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
Liberal Senator Andrew Bragg has again criticised what he called a "culture war" in the superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of ...

Industry super fund adds director

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
... $103 per year for members with an average balance invested in the fund's growth option. Members with an income stream will save $213 per year, and AvSuper chief executive Michelle Wade said the fund was pleased to be able to help member's improve their ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... 0.04% fee decrease, resulting in a $103 saving per year for those with an average balance. Members with an income stream will save $213 per year. Investment fees for the balanced growth option will reduce from 0.69% to 0.66% per annum. The change in ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... modelling he commissioned from research house Rice Warner shows the first year of voluntary super for low income workers would save the Government $1.8 billion. Australians don't exceed the super tax rate of 15% until they earn more than $44,000 ...

Australian fintech, Deliveroo partner

KRISTI CHENG  |  TUESDAY, 23 JUL 2019
... Deliveroo and Solo & Smart are hoping this partnership will help tackle tax debt by offering the ability to automatically save a percentage of income to meet tax obligations. ABS statistics show managing cashflow can be one of the biggest challenges ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... distribution," the CBA spokesperson said. "In these roles he has had a deep focus on improving member outcomes, both in helping them save for and enjoy a comfortable retirement." Durbin has had a long career with CBA, having spent nine years at Colonial ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... retirement savings follow them from job to job by automatically rolling over into a single fund. Laying bare its plan to save $416 billion in retirement savings, Industry Super Australia today released research conducted by KPMG advocating for workers' ...