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Showing 31 - 40 of 54 results for "Intergenerational Report"

Intergenerational Report shows need for financial advice

ALEX BURKE  |  FRIDAY, 6 MAR 2015
The Treasury's Intergenerational Report highlights the importance of financial advice, according to the Financial Planning Association of Australia. Given that life expectancy at birth is expected to rise by four and three years for men and women respectively ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
The results of the Treasury's Intergenerational Report prove that Australia's current level of social welfare cannot be sustained and that superannuation will play a key role in addressing the issue, the Financial Services Council (FSC) said. Reacting ...

Economic growth to slow significantly: IGR

MARK SMITH  |  THURSDAY, 5 MAR 2015
The Intergenerational Report (IGR) has projected that the growth rate of the economy over the next 40 years will be significantly lower than the last 40. In introducing the report Treasurer Joe Hockey said: "It is fantastic that Australians are living ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
... current debate as "misinformed, simplistic and distorted." The comments come ahead of the release of the Intergenerational Report and Tax White Paper, both of which are widely expected within the industry to highlight how tax concessions are skewed in ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
... then Federal Treasurer, Peter Costello, warned that "demography is destiny" when he released the 2002 Intergenerational Report (IGR). As we prepare for the fourth instalment of the IGR, the facts on our narrowing tax base and required future expenditure ...

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
... expectations shows younger Australians may well be aware of the fiscal reality about to be presented in the Intergenerational Report." She added that "it is essential that we think of superannuation as part of a retirement outcomes policy for the nat ...

Super tax subs worth $30bn in 2014

ALEX DUNNIN  |  TUESDAY, 3 FEB 2015
Just as the government prepares to release the latest edition of the Intergenerational Report and recommence the Senate battle to pass its 2014-15 Budget, Treasury has released its Tax Expenditures statement showing that superannuation tax subsidies ...

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
... taking the proposal to the Commission of Audit and called the government to commission and publish a new Intergenerational Report to inform policy decisions regarding the ageing population. "Australians can be significantly bolstered by increasing the ...

End voluntary contribution age limits: Suncorp

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
... developed world are going to dramatically transform the way people's retirement is financed. The 2010 intergenerational report reveals by 2050, there will be 2.7 people of working age for every person over 65, compared to five working aged people per ...

Age Pension must be factored into retirement income

RACHEL DAVIS  |  TUESDAY, 8 NOV 2011
... Australians of 'Age Pension age' receive the full age pension. According to the federal government's Intergenerational Report, released in 2010, this is expected to drop to around 30% in 40 years time. "But a lot of retirees will continue to be eligible ...