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Showing 31 - 40 of 139 results for "Young Australians"

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
The Reserve Bank of Australia (RBA) has been accused of using young Australians as "cannon fodder" in the fight against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... earn their very first dollar." Industry modelling found the change could have a positive financial impact on young Australians, with the average under-18-year-old potentially boosting their age-67 retirement balance by over $10,000 in today's dollars. ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
Super Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... Australia. Mostyn has also chaired multiple not-for-profit boards, including Beyond Blue, the Foundation of Young Australians, Australians Investing in Women, Ausfilm and the Australian National Research Organisation for Women's Safety and Australian ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... and social dividends to the community. His leadership, experience and intellect will add to the board to help young Australians while delivering returns for shareholders."

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... Rest head of responsible investment and sustainability Leilani Weier. "As a super fund representing one in five young Australians, we believe impact investing represents a powerful opportunity for us to grow our members' super, while helping to build ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Young Australians are missing out on higher superannuation returns by parking their retirement savings in default MySuper products, instead of exploring other investment options. Analysis of APRA data by Innova Asset Management revealed that an all-equities ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... changes without indexation. Pertinently, the Financial Services Council (FSC) estimates that up to half a million young Australians could be impacted by the time they retire. CA ANZ Superannuation and Financial Services leader Tony Negline commented ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... sectors intersect, will be invaluable as we work to promote wellbeing and prevent mental health conditions in young Australians through investment." Meanwhile, Westacott said: "I am delighted to become part of helping achieve better mental health outcomes ...