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Showing 51 - 60 of 506 results for %22Aged Care%22

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... budget faces persistent structural spending pressures from fast-growing payment areas including in defence, health, aged care, the National Disability Insurance Scheme (NDIS) and interest payments. To address these challenges, the government said it's ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
Lumiant has acquired an app that helps financial advisers monitor clients' health, longevity and aged care risks that could impact retirement. Chicago-based Genivity, deemed a health analysis and longevity optimiser (HALO), will integrate into Lumiant's ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... trillion dollars in Liberal debt that we inherited from our predecessors," he said. "That is growing faster than the NDIS, aged care, healthcare and national defence. So, we do take those challenges seriously." Chalmers explained that in the near term ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight years of deficit, estimated to total about $50 billion a year by 2030 ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... year, increasing to $38 billion more per annum by 2050, which then provides a significant relief for the Age Pension, aged care and health. Briggs said that a reformed retirement system that is designed around the needs of retirees will provide them ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... so with about 40% less superannuation than the average man. In its submission to the last federal budget, AIST said women aged 45 to 54 retired on average at age 52.1; about 7.1 years earlier than planned and 7.4 years earlier than men. In doing so ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... dwellings will be provided for frontline workers. The government is also expanding access to the downsizer scheme for those aged 55 to 59. Expanding access to the downsizer scheme for those aged 55 to 59 could help older women downsize their homes and ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
... B. This definition requires the insured member to be evaluated as "unable to do basic activities associated with work ever aged" to be eligible for TPD. Both definitions require the insured member to be assessed as unlikely to ever engage in any occupation. ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... our state's history," he said. The commitment would see a Coalition Government pay parents an initial $400 for children aged 10 and under and match their future contributions with up to $400 every year until they turn 18. Contributions will be capped ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... Men's financial positivity suffered much less - dipping from 54% to 50%. The positivity gap is the largest among the genders aged between 35 and 44 by 21%. Women also harbour competing financial worries, ranging from overspending and running out ...