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Showing 41 - 50 of 464 results for "Baby"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... the quality of life they deserve." As early as 2009, Financial Standard archives show AIST and the ASFA were lobbying for a baby bonus to be paid to new mothers. In 2009, the institute suggested as little as $1500 could go some way to addressing the ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
A baby bonus paid into the superannuation accounts of women who go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
The demand for client books with a Baby Boomer demographic is increasing among those looking to acquire a financial advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... which mean more access to their home equity retirement funding." Household Capital chair Nick Sherry added: "The wealth of baby boomers is mostly tied up in their home. Australian seniors need ubiquitous, responsible, long-term, and efficient access ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... absolutely. Any government would want to look at fine tuning some of the legislation but we're not going to throw the whole baby out the bathwater," he said. If elected, Jones will ensure that the removal of the $450 threshold, which was pulled in ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... total of 80% of single parent families surveyed could not meet a $300 a month rise, along with 71% in remote areas and 70% of Baby Boomers. "Where do these people go if they have to walk away from their home? Public housing, the street?" White said. ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... relevant circumstances that may instead require an SOA include a new mortgage or significant increase or decrease in debt, a new baby, divorce or separation, the sale of a business or the death of a partner. Other things ASIC clarifies include the fact ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... mid-1980s. The "great moderation" - strong growth with moderate inflation - that followed, had largely consigned stagflation to baby boomers' memories. Even more so after the global financial crisis, when years of stronger growth and record low unemployment ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
According to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media ...