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Showing 651 - 660 of 677 results for "Age Pension"

Super savings on track

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2008
... AMP Superannuation Index said Australians are expected to retire with enough in combined superannuation savings and age pension benefits to provide the equivalent of $43,310 in annual income. Contrasted with average weekly earnings of $46,000 this means ...

Pensioners power unplugged

ALEX DUNNIN  |  TUESDAY, 20 MAY 2008
... amount is projected to increase by 6 per cent annually or double inflation to reach $44.8 billion. With the number of age pension eligible Australians increasing 3 per cent annually over this time, this pension price tag jump is only a sign of things ...

Senate admits age pension falls short

RUTH LIEW  |  TUESDAY, 25 MAR 2008
... methodology used to set pensions and retirement benefits. O'Neill had previously flagged the need for a raise in the Age Pension following reports that the government may ditch the $500 bonus payment to senior Australians this year.

Raise the pension, says seniors

RUTH LIEW  |  MONDAY, 10 MAR 2008
A consumer body is flagging the need for a raise in the Age Pension following reports that the government may ditch the $500 bonus payment to senior Australians this year. Australia's largest consumer organisation for older Australians, National Seniors ...

The new government: what it means

... ALP will continue to support the 'three pillars' structure that underpins Australia's retirement income policy: the age pension; mandated, employer-paid superannuation via the Superannuation Guarantee (SG); and voluntary contributions to superannuation," ...

Pension age too low: CEDA

ALEX DUNNIN  |  WEDNESDAY, 10 OCT 2007
... said. In his report, Knox highlighted how Australian demographics had changed significantly since when the national age pension was introduced in 1909. Then only around 4 per cent of Australians were aged 65 or over but by 2001 this had nearly quadrupled ...

Retirement gets more expensive: ASFA

CHRIS NICHOLLS  |  WEDNESDAY, 29 AUG 2007
... fall in recreational goods and services prices. The survey defined a modest retirement lifestyle as "Better than the Age Pension, but still only able to afford fairly basic activities," while a 'comfortable retirement lifestyle' meant being able to get ...

Retiring at 65 unsustainable: Bernard Salt

ALEX DUNNIN  |  MONDAY, 30 OCT 2006
... 1928, life expectancy for an Australian worker was only 63 years. But the odd thing is that you qualified for the age pension at 65 years, meaning that it was really quite irrelevant," said Salt. Indeed Salt said many things about modern society are ...

Men are better savers than women: Citibank

... debate is a fringe issue given that 50 per cent of all retirees, male and female, are relying or will rely on their age pension as their main source of income. Some 30 per cent will rely on their superannuation and 19 per cent on income from other assets. ...

Forget industry funds, focus on advice: AFA

KATE HAGE  |  FRIDAY, 1 SEP 2006
... but the fact remains that many people will retire with their savings in an industry fund and combine that with the age pension to fund their lifestyle," said Klipin.