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Showing 631 - 640 of 677 results for "Age Pension"

Super changes hit retirees

COMPANY RELEASE  |  WEDNESDAY, 17 JUN 2009
... retirement and in the process have built up sizeable nest-eggs. But the key super changes which involved lifting the age pension eligibility age and halving concessional contribution caps may see this soon change. Halving concessional contribution caps ...

Super is a good idea but needs fixing

ALEX DUNNIN  |  TUESDAY, 16 JUN 2009
... superannuation system was intended to help low to middle income people save money to supplement their government funded age pension, the almost exclusive focus on tax concessions as its primary incentive tool has resulted in these incentives being untargeted. ...

Superannuation wins in Cabinet reshuffle

ALEX DUNNIN  |  TUESDAY, 9 JUN 2009
Superannuation is now, for the first time, included in Federal Cabinet following a major ministerial reshuffle that saw Chris Bowen promoted to Minister for Financial Services, Superannuation and Corporate Law and Minister for Human Services. Indicating ...

Super concession cuts were overdue

ALEX DUNNIN  |  MONDAY, 18 MAY 2009
... making co-contributions have spouses with incomes over $150,000." The superannuation changes combined with the boost to age pension payments are a significant step towards making the retirement income scheme fairer and will also lift retirement incomes ...

Pension age lift under fire

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... retire and when they die is becoming very expensive to fund, especially following the 11 per cent increase in the age pension payment. But reaction has been swift, with several experts and groups blasting the decision as unfair. Mike Rafferty from the ...

Top 10 budget quotes

... non-concessional contribution cap remaining unchanged." - Martin Breckon, technical manager at Aviva Australia. "The increase in Age Pension age, although unlikely to be popular, reflects the reality that Australians are living longer and the age pension ...

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
... dividend imputation came as welcome relief. The big news for superannuation however is the shifting emphasis towards the age pension which is still what the overwhelming majority of retirees rely on for their retirement income. Re-focusing to the age ...

China's smoking gun

ALEX DUNNIN  |  WEDNESDAY, 6 MAY 2009
... their beloved dividend tax imputations, high income earners worried about losing their tax breaks or retirees wanting age pension increases better get ready to hunker down for long and viscous fight. Ben Ong is on leave.

Another day another inquiry

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
... considered. Senator Sherry said that issue was resolved as far back as the 1880s when Bismarck introduced the first age pension. Senator Sherry said tax arrangements would also be off limits as they are being reviewed by the Henry Tax Review. But he ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
... budget there was an outcry from pensioner groups that argued linking 25 per cent of Average Weekly Earnings to the age pension was insufficient. The government responded by setting up the Harmer pension review, the result of which the Prime Minister ...