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Showing 51 - 60 of 2061 results for "Housing"

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
Allowing Australians to draw from their superannuation to purchase a home will not solve the affordable housing crisis and would potentially lead to higher property prices, a new analysis from the Association of Superannuation Funds of Australia (ASFA) ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... Superannuation Guarantee going to 12% and there being no further widespread early release of superannuation, such as for housing deposits, will be crucial for future retirees to meet their living expenses, including for aged care when appropriate."

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
The Super Members Council (SMC) has slammed a proposal by Shadow Minister for Housing Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... investment in some sectors that could provide strong returns for members, such as the energy transition and affordable housing," Chalmers said. "The test benchmarks were never meant to serve as a prescription on how to invest, but we understand that ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... Sarah Megginson, Finder's personal finance expert, said that women's focus is on immediate needs - paying off housing, everyday bills, and groceries - which means longer-term wealth building is on the back burner. "This is completely understandable ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... children has 12% less income in retirement than a woman who does not have a career break. That's 12% less to pay for housing, food, healthcare, and other necessities to live well in retirement," AustralianSuper chief executive Paul Schroder said. ...

EG to target intermediaries

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... people arrive in Australia every day with the intention of migrating here permanently, it becomes clear that we need more housing to accommodate this population growth." Weingarth added: "It also means an increase in demand for more retail, as well as ...

QIC names next chair

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... plays a central role in harnessing opportunities that secure Queensland's future prosperity." "From social and affordable housing to critical minerals, renewable energy, and major transport infrastructure, QIC's expertise continues to support our state's ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... the sector's tax structures to ensure competitiveness and efficiency; re-examine financial sector frameworks to address housing affordability; identify deregulation opportunities, especially in eliminating redundant prudential standards; and review the ...