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Showing 41 - 50 of 162 results for "Older Australians"

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... stakeholder interest in achieving it but without consensus on how to do so. The potential inequity arises as current older Australians have benefitted from higher super contribution caps and increases in property values whereas younger Australians will ...

Retirees value home over super: Research

ANNABELLE DICKSON  |  FRIDAY, 9 OCT 2020
... family home is not only the preferred retirement housing but also the largest store of retirement savings. "Most older Australians wish to remain in their home throughout retirement, but 74% are not confident they have adequate retirement funding and ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... support aged pensioners during the crisis. Also on a positive note, the government announced it would support older Australians and their families by providing a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. The new ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... according to the Grattan Institute. Grattan health program director Stephen Duckett said the care and support of older Australians must come before the profits of private providers. "Ageism is part of the problem, and emphasising the rights of older ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... underutilisation and lower levels of home ownership. Another driver is the skew of government spending towards older Australians - it rose from 3.7% of the GDP to 4.5% for 65-74 year old but was flat for 25-34, 45-54 age groups. "It is very important ...

ATO announces SMSF age limit changes

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... contributions for SMSFs. The ATO the changes have been made as part of its Superannuation - improving flexibility for older Australians measure. Changes, which were effective 1 July 2020, include making voluntary concessional and non-concessional super ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... offer such cover, while help from the ATO could reduce the cost of advice in improving living standards for older Australians. "It seems clear that more direct government intervention may be required - just like the introduction of the Superannuation ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... contributes, up to a maximum $10,000 in member contributions," the FSC said. Other suggestions included offering older Australians a once-off higher superannuation cap of $50,000, to be 'carried forward' if unused, accelerating the Significant Investor ...

Challenger launches new retirement tool

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... guaranteed source of income may now be facing increasing uncertainty in an unchartered landscape," Murphy said. "Many older Australians might be questioning the confidence they previously had about their financial situation, and reviewing their retirement ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... deposit rate by 60bps to 1.70% p.a. This will be available to all personal customers, but will especially benefit older Australians relying on their savings," Comyn said. "It will ensure all Australians are now able to earn a return on their savings ...