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Showing 31 - 40 of 197 results for "Older Australians"

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... "Building the financial confidence of retirees and finding better ways to unlock home equity would also empower more older Australians to support their kids," O'Malley said. "While this needs to be tackled at a macro level by federal and state governments ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... one lever, and it impacts people differently," she said. McKim then asked whether the increased spending by older Australians is stimulating demand and driving inflation. "The proposition I'm putting to you is that you've put up interest rates ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... years? He said unlocking different options for financial support, beyond providing accommodation, starts with older Australians having greater comfort with their own finances. "Providing retirees with the financial confidence that their savings will ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... closer detail: older people, women, and Aboriginal and Torres Strait Islander people. The report found that while older Australians have relatively low incomes compared to working age Australians, many have significant wealth they can draw on to fund ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... homes in every state and territory. More opportunities in every TAFE and University. A dignified retirement for older Australians." Social security deeming rates for financial investments will remain at current levels until 30 June 2025. This will benefit ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps is ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... dynamics post-COVID. KPMG urban economist Terry Rawnsley said the adoption of working from home has made many older Australians in professional jobs realise that they could 'semi-retire' and continue to dabble in the workforce from home or even ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... who have received financial advice (25%). "We know the fear of outliving savings is a growing concern among older Australians. Providing retirees with the confidence to convert their retirement savings into a regular income can materially improve their ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... and higher personal income tax rates enjoyed disproportionate benefits. This was most evident among men and older Australians, notably those aged 55 to 69, who've had more time to accumulate their superannuation balances. Highlighting the gender ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... partnership with CSC will support Australians who have served in the APS and ADF in their retirement. "Like many older Australians, a significant cohort of CSC customers are worried their savings will run out, leading many to 'under retire' and unnecessarily ...