Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 85 results for "Living standards"

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
... confidence that superannuation savings accumulated during their working lives will provide them with appropriate living standards in retirement. Enshrining the objective of superannuation in law is a very positive step for building and maintaining confidence ...

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... retirement outcomes be considered in any changes to the taxation of superannuation. "We should not mortgage the future living standards of retirees in order to deal with short term budget challenges of governments," Vamos said. The most significant price ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... health, and residential aged care needs. It is also a potentially expensive form of self-insurance that can lower living standards in old age. CEDA recently called for first home buyers to have access to their superannuation funds to purchase owner-occupied ...

TWU attacks retail super funds over board governance

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... the retail funds are. The superannuation system was designed to ensure people could retire without seeing their living standards drop. Attacking this system to allow banks to get their hands on people's futures is sickening." TWU said union representatives ...

Aussie, Aussie, Aussie! Noi, noi, noi!

BENJAMIN ONG  |  TUESDAY, 22 SEP 2015
... the RBA (or the new Turnbull government) for Australia to escape a recession. Already, Australian (per capita) living standards are stagnating, so for many this may feel like a recession, even if the technical definition of recession (two consecutive ...

Rice Warner debunks super myths

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
... said many proposed solutions for the super industry solve the wrong problems and it will lead to a reduction in living standards through lower earnings in the retirement years. Rice said one of the major myths was that tax concessions are equal. "Treasury ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
... goods whose prices have not fallen. Unless weak demand changes that, its foreign currency will go further, and living standards should rise. Cheaper oil will also help the government clean up China's filthy air by phasing out dirty vehicle fuels, such ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... get out. They're locked in for the rest of their lives." He claimed that compulsory annuitisation would "reduce living standards in retirement and add to social security costs," adding: "It's not the solution." He also said that annuities are not attractive ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
... at least age 65 and that it should be linked to life expectancy. This will increase private savings, improve living standards in retirement, boost government tax receipts and reduce age pension payments." Brogden said that a ten year gap between superannuation ...

Budget speech 2014 -15

... jobs. They will inject money into communities, lower business costs and reduce congestion. This will improve living standards across the country. And to help pay for this, the Government is re-introducing fuel indexation where every dollar raised by ...