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Showing 761 - 770 of 4050 results for "Savings"

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... scheme for those aged 55 to 59 could help older women downsize their homes and potentially boost their superannuation savings. The initiative has been welcomed by industry funds, including CareSuper and Rest, as well as the construction sector. Meanwhile ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... mortgages or ongoing fees associated with that," she says. "Or she is off having a wonderful time exploring but has fewer savings and might not have purchased a home." At the same time, even if a woman finds a partner and can share the financial load ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... how significant the impact of taking $5000 out at age 25 can be when a person reaches retirement. The accumulation of savings through the superannuation scheme is the best way of living a dignified retirement down the track, Rees said. "Now, I don't ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... Australia (ISA) has warned against repeating the early release of super scheme that gave unrestricted access to retirement savings. The early release of super scheme allowed individuals to withdraw up to $20,000 of their retirement savings in response ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... fall?" Fink wrote. He went on to say that prior tightening cycles have led to "spectacular financial flameouts", citing the Savings and Loan Crisis of the 1980s and early 1990s; "... it was a "slow rolling crisis" - one that just kept going. It ultimately ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
Children in New South Wales will be given a dedicated savings fund worth up to $49,000 under a new government contribution scheme if the Liberals win the upcoming state election. Premier Dominic Perrottet said that the policy, which is expected to cost ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... previously reported on by Financial Standard, the government released a draft objective for superannuation, to preserve savings and deliver income for a dignified retirement, with government support, in an equitable and sustainable way.

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... Association of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue generated by the proposed $3 million cap on superannuation. ASFA senior policy advisor Helena ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... said: "As we seek to invest more than $240 billion on behalf of 2.2 million members who trust us with their retirement savings, these new appointments bring a wealth of experience in investment markets, and in critical areas of focus and opportunity." ...