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

Search Results

Showing 61 - 70 of 151 results for "Poverty"

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... warning that, "If the trade conflict worsens and causes a slump in investor confidence, the effects on global growth and poverty could be significant - more than 30 million people could be pushed into poverty and global income could fall by as much as ...

SG increase will not help women: Treasury

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Forty percent of single women are estimated to retire in poverty, but Treasury think increasing the superannuation guarantee won't do much for women's lower superannuation balances. February documents released by the Treasury under freedom of information ...

Schroders acquires majority stake in impact investor

KRISTI CHENG  |  MONDAY, 29 JUL 2019
... industry." BlueOrchard chair Peter A. Fanconi said: "For nearly 20 years it has been BlueOrchard's vision and mission to reduce poverty and protect the planet, while providing attractive returns for investors." "With Schroders we have found the ideal ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
... yesterday saying any departure from compulsory superannuation for low income earners would ensure they lived a life of poverty in retirement. "Every Australian deserves to be financially secure in their retirement which is why we have a universal super ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... would end up with around 30% less super than men of the same age in retirement, and roughly 40% of single women retire in poverty. AIST head of advocacy Ailsa Goodwin said increasing SG to 12% was the single greatest contribution to improve retirement ...

How key is gender in retirement outcomes?

HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
... really helpful." Michael Rice said the three didn't specifically look at gender, but noted Australia's largest cohort in poverty is single female renters in retirement. "So that means you need to put more into rent assistance, and even raise the age ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... low-paid award-reliant employee households have household disposable incomes less than 60% of the median income relative poverty line. The Commission also said women were disproportionately represented among those on the NMW and reliant on modern award ...

Study unveils state with largest superannuation gender gap

KARREN VERGARA  |  FRIDAY, 26 APR 2019
... will improve the situation. AIST chief executive Eva Scheerlinck said with an estimated 40% of single women retiring in poverty, there was an urgent need for real change. "The gender savings gap has been sitting around these levels for a long time. We ...

FEW recognises Thalia Stanley Group founder

KARREN VERGARA  |  MONDAY, 1 APR 2019
... empowerment of all women, she said. "My work has shown me that financial literacy is proven to be a preventative solution to poverty, homelessness and financial abuse of women." Judith Beck, the founder and chief executive of FEW, said the speakers and ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... last the lifetime of a pensioner, Illidge said many former government employees are now living in or are on the brink of poverty. The OECD estimates about one-third of elderly Australians are living below the poverty line. The group's closure serves ...