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Showing 531 - 540 of 1681 results for "Workers"

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
Young workers who took advantage of the early release of superannuation have less than $1000 in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... strains then let us sing, Advance Australia Fair." The Australian Bureau of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. Though the monthly addition in jobs has slowed from 180,000 ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... racial equality. This from the New York Times: "Among other moves, he planned to issue a national mask mandate for federal workers and federal property, seek the extension of an eviction pause and student loan relief, rejoin the Paris climate accord ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found that 225,000 workers now have no retirement savings. Sydneysiders took out $445 million, followed by those living in the inner west who withdrew ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... MP Tim Wilson took to Twitter to anticipate any backlash the idea might receive. "Just wait for the shrill outrage that workers dare keep more of their own [money]," Wilson said. "It's the sound of hogs being dragged away from a multi-trillion trough ...

MTAA Super awards scholarships

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... chief executive, the fund said. MTAA Super chair John Brumby said the scholarship program will help new and experienced workers deal with the impacts of COVID-19. "Like many industries, Australia's auto industry has been seriously impacted by the ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... impacts of COVID-19 felt by industries that were forced to shut down, like those in the hospitality sector or by frontline workers in healthcare. But, the industry still played its part in supporting those who were doing it tough. For example, super ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Less than 1.5% of gig economy workers are contributing to a superannuation account, a new report from the Actuaries Institute reveals. That's a key finding from the Actuaries Institute report, which also found that even when they do make contributions ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... stress found the two of industries most impacted by COVID-19, hospitality and retail, have the most financially stressed workers at 86% and 64% higher than the national rate respectively. One in three members of AMP superannuation who work in hospitality ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... that put members' first, but instead they're planning a feast for the banks and retail funds and they'll be dining out on workers' savings," Dean said. "The government is making countless dud retail super funds and investments immune from any meaningful ...