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Showing 621 - 630 of 6133 results for "Australians"

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... to a report from Mandala, in conjunction with Super Members Council and IFM Investors. The Going Global report said Australians' superannuation assets are one of the largest and fastest growing pools of retirement savings in the world. "As the system ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
Research by Colonial First State (CFS) finds Australians have adjusted their retirement expectations in the last 12 months to a more modest outlook, with cost-of-living pressures being the main cause. Based on a national survey of 2250 Australians ...

Superannuation powerbrokers bound for US investment summit

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... the Australian Superannuation Investment Summit said they would be "going into bat for the interests of millions of Australians" with retirement savings invested in the US - "scouring the globe for the best deals to boost returns." "The landmark summit ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
The Federal Court today slapped AustralianSuper with a $27 million fine for dragging its feet on a multiple account bungle that lasted more than four years. Judge Hespe found that AustralianSuper failed to promptly identify and merge members' multiple ...

ASFA acts to remove First Nations access issues

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... balance for a First Nations man is $27,000, while for women it is $20,000. Common challenges faced by First Nations Australians in engaging with the super industry include lack of digital and financial literacy, lack of culturally trained staff, and ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... financial adviser or other professionals or offering alternative processes. "Just as life insurance has given millions of Australians peace of mind that they have financial support to help face lifeʼs biggest challenges, itʼs important that those experiencing ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... cut and she believed it was likely one would come, the RBA board may not want to jump the gun. "Inflation hurts all Australians, and this is a point that [RBA governor Michele] Bullock has made," Masters said. Masters said Australians have a fixation ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... interest rate relief once there was sufficient progress on lowering inflation - it would break the hearts of millions of Australians and undermine the RBA's still tarnished public reputation. "In fact, I'd like to see the RBA cut rates by 0.35% ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... 2027. At that point, a review will take place to determine whether the ban should be extended. "The ban will mean Australians will be able to buy homes that would have otherwise been bought by foreign investors," Chalmers said. "Until now, foreign investors ...