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Showing 631 - 640 of 6001 results for "Age"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... lead to an increase in superannuation balances at retirement of around $5100. For a woman who received paid parental leave at age 28 for a first child and at age 30 for a second child, the increase in superannuation balance would be at least $10,700 ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... at current levels until 30 June 2025. This will benefit approximately 876,000 income support recipients, including 450,000 age pensioners. The government has also increased the Medicare levy low-income thresholds for 2023-24, ensuring more than one million ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
In the Federal Budget, Treasurer Jim Chalmers formally announced a raft of measures to support women, many of which were flagged ahead of time. This includes the $925.2 million over five years to provide support for victim-survivors leaving a violent ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
The Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
To better understand global investor expectations and practices, Deloitte, in partnership with a global marketing agency, developed a report from a survey of 2000 investors and 250 wealth management providers. The report provided several calls to action ...

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
... founder of Renaissance Technologies, a hedge fund that became one of the most profitable firms in history, has died at the age of 86. Simons began his career as a mathematician, earning a mathematics degree from MIT in 1958 and a PhD from UC Berkeley ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... many of which are under 18 - can earn superannuation regardless of how many hours they work. Currently, workers under the age of 18 are only eligible for compulsory Superannuation Guarantee payments from their employer if they work more than 30 hours ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... Other changes ClearView introduced include the ability for customers to hold trauma cover for longer by extending the expiry age to 70, up from age 65. Income protection waiting period definitions have also changed for all occupations. ClearView head ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... with the times and keep pace," she said. "It's 2024. Use your information, use your digital wherewithal in the digital age to do the right level of due diligence, testing and sampling. It's just good governance and good risk management, to make ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... as those first home buyers start to retire with far less super and are forced to rely more heavily on the taxpayer-funded age pension. To meet the rising costs, future governments may have to increase taxes or cut services to offset the extra fiscal ...