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Showing 61 - 70 of 203 results for "Cost of living"

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 ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... too expensive," Cupitt said. The research also uncovered that two-thirds of Australians (66%) are concerned that cost of living pressures will impact their ability to afford to take out or continue paying for life insurance. Out of this group, parents ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... 60%of all scam losses so far this year," he said. "Access to good advice can be key to helping Australians manage cost of living pressures." Welcoming the changes, UniSuper head of financial advice and education Andrew Gregory said: "For too long there ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... four Australians say they don't have enough money for an emergency. With rising interest rates and increased cost of living, people's financial literacy and understanding of their financial situation is being tested," he said. "Financial literacy ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... it hasn't shifted much in 30 years despite all the goodwill and good intentions." Hutley admitted that the cost of living is very much in the front of people's minds; however, she pointed out that the nation has the ability to focus on more than ...