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Showing 31 - 40 of 105 results for "Younger Australians"

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... million threshold to Consumer Price Index (CPI) and this lack of indexation will disproportionately impact younger Australians," Tink argued. "For the Australian super system to work, it's important people have confidence in the reliability and consistency ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... have. HESTA chief executive Debby Blakey said the findings are "encouraging". "It's encouraging to see younger Australians actively planning for their retirement because even small changes made now can have a big impact down the track," Blakey said. ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... retirement. AMP bank group executive Sean O'Malley said fears around homeownership is a justifiable concern for younger Australians. "Building the financial confidence of retirees and finding better ways to unlock home equity would also empower more ...

Trend among young Aussies highlights need for affordable advice

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... advisers, and 6% had been advised through their super funds. According to the Australian Institute of Criminology, younger Australians are consistently more likely to report having been cybercrime victims than their older counterparts. "We are seeing ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger Australians (20 years old) start additional contributions to their superannuation, compared to contributions later in life (35 years ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... entered the super and housing debate, saying allowing the use of leverage in superannuation it could help younger Australians who are locked out of the property market build wealth. Innova said millennials are firmly locked out of the property market ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... shows that half of Australians aged 18 to 29 still live at home. Interestingly, the latest Census showed that younger Australians with 25-39-year-old Baby Boomers in 1991 were three times more likely to own their home outright compared to 25-39-year-old ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... spending. "When you look at wealth and income together, older Australians are doing better on average than younger Australians," de Fontenay said. The report examined gender differences in income and wealth. It found that women still had lower income ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians achieve home ownership by allowing first homebuyers to access up to $50,000 from their retirement savings. However, new modelling ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... expertise. Additionally, traditional wealth creation avenues, like property, are inaccessible for many, especially younger Australians. Finally, online investing is the new normal. More Australians will be turning to investing as an option to help them ...