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Showing 31 - 40 of 85 results for "Living standards"

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... people is the best way of extending the recovery into a new period of strong and sustainable growth and rising living standards for all Australians," Lowe said.

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... abandon the legislated increase. Coates said the trade-off between more superannuation in retirement but lower living standards while working isn't worth it for most Australians. According to documents released in September last year, Treasury concluded ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... arguing standards matter because "boosting retirement incomes always comes at a cost". "Either workers have lower living standards while working; or governments give up more revenue for super tax breaks; or taxpayers pay more for pensions," Grattan said. ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... female participation would see the country's GDP would benefit by $60 billion over 20 years, while cumulative living standards would be raised by up to $140 billion," Elkins said. "That must be the real goal of Australia as a country. But from a retirement ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... increase in the superannuation guarantee to 12%. "This trade-off between more superannuation in retirement but lower living standards while working isn't worth it for most Australians," Coates said. "This new empirical analysis reinforces that the planned ...

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
... increases occurred, small movements were still possible. "We disagree that increasing the SG will lead to lower living standards," Rice Warner said. "When previous increases were made, real wage rises still occurred. While wage growth does not currently ...

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... rate of inflation used by MoneySmart includes a component reflecting any change to the cost of meeting community living standards, which can assist users in determining the adequacy of their future retirement savings. As a result, any provider not considering ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... decision, Australia's prevailing economic circumstances provide an opportunity to provide to improve the relative living standards of the low paid "and to enable them to better meet their needs, by awarding a real increased in the NSW and modern award ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... before retirement. Knox pointed out that many people wind down work to part time before fully retiring. "The living standards we're talking about are actually set in your 40s and 50s, not in your 60s. We should be looking at the income you earnt ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... November. "This is well above the 70% benchmark endorsed by the OECD, and more than enough to maintain pre-retirement living standards," Grattan said. "Many low-income Australians will get a pay rise when they retire, through a combination of the Age ...