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Showing 521 - 530 of 8004 results for "Average"

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... admit to experiencing financial stress compared to 49% of men. Women have 53% less in total cash savings than men and on average have saved up $22,680 - substantially lower than men's $48,087. On a monthly basis, women are able to put away $551 while ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Australia (ASFA) chief executive Mary Delahunty said: "For too long, women have retired with significantly fewer savings on average than men as a result of taking time off work or working reduced hours to have and raise children." "It's about bloody ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... when women take time out of the workforce to raise children it impacts their retirement incomes with women retiring, on average, with about 25% less super than men," minister for women and finance Katy Gallagher said. "Paying super on government parental ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... the Australian dream is fast becoming the Australian nightmare and we must restore home ownership as achievable for the average worker." Senator Hollie Hughes is now the shadow assistant minister for mental health and suicide prevention and shadow assistant ...

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... years since "thoroughly through thick and thin, ups and downs", including working in the US when the Dow Jones Industrial Average hit its lowest level since 1962 and the height of the Cuban Missile Crisis. "At the close, the benchmark was at 627 and ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... have not had a meaningful pay rise to compensate for more work. Managers can earn as much as $300,000 (plus on-costs) on average per year. Most roles are typically held by men (61%) who have 10-plus years of experience. Over a third (38%) said they do ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... 12.4% per annum, SPIVA's 2023 Australia scorecard revealed as the index. They also fared worse than the long-term average of 60%. S&P Dow Jones Indices APAC director and head of index investment strategy Sue Lee said certain market environments that ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Source: H&R Block A person on an average income of $73,000 will receive a tax cut of about $1504, the government said. Previously, they would have saved around ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... within the next three months, Shrimski said. Vanguard Super's membership typically skews younger currently, with the average member being in their early 40s. Shrimski said he expects this to change once all advisers have access and the offering is ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... gap, the WGEA says: "Gender pay gaps are not a comparison of like roles. Instead, they show the difference between the average or median pay of women and men across organisations, industries, and the workforce as a whole." Looking at the top five superannuation ...