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Showing 61 - 70 of 164 results for %22Aged Care Act%22

Super working in favour of all members

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... the Age Pension can provide. "They want to be able to have financial security in their old age to cover medical costs, aged care and general expenses." Despite the promising growth of account balances, the research found many Australians still face a ...

How key is gender in retirement outcomes?

HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
... system of retirement". Taking the crowd through current trends such as shifting work patterns and Australia's growing aged care costs, the presenters also ran through several opportunities for potential reform. Simplifying the Age Pension, embedding ...

Financial advice valued beyond returns

KARREN VERGARA  |  TUESDAY, 21 MAY 2019
... and sensible budgeting, making sure they're obtaining relevant government support and how they can optimise funding aged care arrangements in advance," Brown said.

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... wind-ups returning to the lower level," he said. However, he added that a majority of new SMSFs being set up are by those aged in their 40s and 50s which means that franking credits are not such an issue for them. Shorte sees this as a reason to be positive ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... Hughes explained: "Directors breached their duties by authorising amendment to the constitution of Prime Retirement and Aged Care trust which enabled $33 million to be paid out of fund assets without member approval." In its update, ASIC said in 2019 ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... advice will emerge, with more product-agnostic advice services available than is currently the case. Services such as aged care advice and debt management advice will become more prominent." The number of advisers will have reduced and the average age ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... - which is forecast to grow by 17% over the four years to 2022-23 - was tempered by tighter means-testing, but noted aged care costs would still strongly grow as the population ages.

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... announced. On the back of the Royal Commission, older Australians will benefit from $725 million in additional funding for aged care, including 10,000 new home care packages and greater financial support for residential care. A provision of $84 million ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... sees pressure put on Australia's healthcare services, pointing out 120,000 Australian's are on the waiting list for aged care places. He said cuts to hospital funding, a Medicare rebate freeze and cuts to school funding justified Labor's position. "In ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... further funding for ASIC, APRA and AFCA, which also form part of MYEFO. Elsewhere, the government's spending on aged care is expected to reach a record $23.5 billion in 2021-22. This includes bringing forward the release of 10,000 home care packages ...