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Showing 51 - 60 of 197 results for "Cost of living"

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... retirement. This would empower retirees with the confidence to spend and capacity to pursue their passions." Rising cost of living impacting retirees' happiness Rising cost-of-living and affordability were growing concerns, with two in three Australians ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... argued. The Coalition also criticised the Bill as "not urgent, non-binding, and a distraction" from the pressing cost of living issues that Australians currently face, however, it will not oppose the legislation.

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... strong understanding of the financial pressures many Australians are currently experiencing under the government's cost of living crisis. Luke will bring his strong command of retail economics to this important role," Dutton said. Financial Advice Association ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... commenced 19 new civil proceedings, criminally charged 19 individuals, and completed nearly 350 surveillances. "Cost of living issues mean more Australians are looking for ways to make ends meet and scammers are only too happy to try and take advantage," ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... and will automatically take effect on July 1. The Albanese government said the amendments were made due to the cost of living crisis. Now, everyone will benefit from a tax cut, it said. However, those earning over $180,000 will see their promised tax ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... package, which his $804 more than the original package. "Working households have experienced the fastest rise in their cost of living, with prices rising 9% through the year to the September 2023 quarter... The relatively large rise in cost of living ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... people can use their super to pay for advice," Power said. "At a time when many Australians are struggling with the cost of living yet are in need of advice, having a clear list of advice topics that can be paid for with super represents an important ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... second quarter of 2023, attributing this to persistent inflation and elevated interest rates which have raised the cost of living and resulted in declining real wages. Inflation eased to 5.4% in the third quarter of 2023, down from 7.8% in the fourth ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... 2023. They continue to be of great concern to us. "We are also seeing the impact of increased interest rates and cost of living pressures, with complaints involving financial hardship also significantly higher." Though there were also rises in complaints ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... in inquiries regarding downsizer contributions, Ashendon suggested that this may be attributed to the escalated cost of living, prompting retirees to seek ways to boost their savings of increase cash flow. Another potential reason is this strategy has ...