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

Search Results

Showing 71 - 80 of 229 results for "Aussies"

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
The government's COVID-19 early release of superannuation (ERS) scheme saw the closure or near emptying of almost one million member accounts, largely held by women, single parents and the unemployed. A new analysis by the Association of Superannuation ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
New retirement targets released by Super Consumers Australia suggest the ASFA Retirement Standard needs a rethink, saying a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000 in retirement. The consumer ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... take priority over superannuation. In a tweet yesterday Wilson doubled down and said: "This policy isn't just for young Aussies, it's for others who never had a chance." The ACTU was less accommodating to this viewpoint, the union called this housing ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... threat from independent Zoe Daniel posted: "Increasing the compulsory super contribution will make it harder for young Aussies to buy their home and cost jobs." Embattled Liberal MP Jason Falinksi and Gerrard Rennick have also been critical of the SG ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Superannuation funds must do a better job of communicating the value of group insurance, with research revealing just 25% of Australians understand what they're covered for, and many may not be adequately covered following recent reforms. MLC Life Insurance ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... about 23% less in super than men. Research conducted by Industry Super Australia last year found that close to 70% of Aussies mistakenly believe their super continues to be paid while on parental leave. "In many Australian households, women are more ...

Retired Aussies deserve more: Household Capital

CHLOE WALKER  |  TUESDAY, 26 APR 2022
The independently owned retirement equity provider has called out superannuation funds to provide more solutions for their members in retirement and aged care. Joshua Funder, Household Capital's chief executive, said that many Australians do not have ...

Aussies place 17th for crypto profits

CHLOE WALKER  |  FRIDAY, 22 APR 2022
Australian investors realised gains just over US$2.1 billion last year, according to Chainalysis' latest report. Driven by transaction and web traffic data, crypto platform Chainalysis saw a $162.7billion gain in crypto across the world in 2021, compared ...

Generational home ownership gap widens

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
New research shows how extensive the generational gap is when it comes to home ownership in Australia, with young Aussies living with mum and dad much longer than previous generations. A survey of more than 1000 Australians by Finder sought to find ...

80% of Aussies expect ethical investing

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAR 2022
Four in five Australians expect their money in super, banks and other investments to be invested responsibly, with 17% of Australians already investing in ethical and responsible products, according to the Responsible Investment Association Australasia ...