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Showing 821 - 830 of 6133 results for "Australians"

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... Ryan, Sophie Scamps, Allegra Spender and Zali Steggall - warned that the prolonged delay is causing uncertainty for Australians. The MPs have claimed the crossbench has consistently opposed the proposal to tax unrealised capital gains, which they said ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... additional conditions imposed on the two industry funds, which manage the retirement savings of nearly one million Australians, will also have independent expert scrutinise their expenditure practices, assessing whether they've consistently acted ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... "Our Life business performed exceptionally well and demonstrates our expertise in providing guaranteed income to more Australians, with longer tenor term sales and lifetime annuity sales contributing to Life sales of $9.1 billion," Hamilton said. "The ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... modernisation. The demand for quality financial and personal risk insurance advice continues to grow as millions more Australians plan for and reach their retirement - at the same time, adviser supply has been reduced and barriers-to-entry remain high," ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
Commonwealth Bank (CBA) has warned that the extraordinary amount of savings Australians amassed during the pandemic will run dry by the end of the year. CBA said Australians had accrued around $300 billion in additional savings during the period, as ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... raising the maximum payment from $500 to $700. It said this change is projected to benefit an additional 1.2 million Australians, the majority of whom are women, young workers, and individuals from non-English speaking backgrounds, improving their financial ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
JBWere's The Bequest Report found that only $1.3 billion, which is equivalent to 1% of the estimated $150 billion in inheritance, will be donated to charity this year. This compares to 1% ($229m) in New Zealand, 3.7% ($7.6bn) in the UK, and 4.4% ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... it provides them "a clear and sustainable path forward, with partners that are committed to advice and helping more Australians get the quality advice they need." The research team at UBS also welcomed the deal, labelling it "a sensible strategy to further ...