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

Search Results

Showing 71 - 80 of 149 results for "home ownership"

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... compared with 71% of the total population aged 65 and over. With the report clearly identifying the importance of home ownership in retirement, this is also impacting the ability of Aboriginal and Torres Strait Islander people to enjoy a comfortable ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... not have the same opportunity to accumulate housing wealth as current older Australians. But if the decrease in home ownership continues, young people will need to rely on their superannuation or equities as retirement savings. "These people will forgo ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... Pension, compulsory superannuation and voluntary savings. Additionally, many have pointed to household capital and home ownership as an important fourth pillar, which the RIR also discussed at length. However, the RIR takes it a step further, saying ...

Homeowners given preferential treatment: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... provides more support to homeowners compared to non-home owners. The review found the preferential treatment given to home ownership leads to inequities in the retirement income system. "The exemption of the principal residence in the assets test particularly ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review (RIR) has found home ownership is an important element in an adequate retirement, but not at the expense of all other income generating options. The potential fourth pillar of the Australian retirement income system, accessing ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... Warner has previously said it expects comment on the adequacy of the current rate of superannuation contributions, home ownership via superannuation, age pension eligibility criteria, allocation to longevity products, spending patterns and the vehicles ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... appointed board that will provide strategic advice to our growing business as we focus on championing new pathways to home ownership and mixed-income build to rent, both new and evolving asset classes," Daff said.

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... social outcomes than other cohorts, they have faced lower wage growth, masked underutilisation and lower levels of home ownership. Another driver is the skew of government spending towards older Australians - it rose from 3.7% of the GDP to 4.5% for ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... be over 600 pages, thinks it will comment on the adequacy of the current rate of superannuation contributions, home ownership via superannuation, age pension eligibility criteria, allocation to longevity products, spending patterns and the vehicles for ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... and while insurance can benefit some for others it is simply a drain on their retirement savings," Bragg said. "Home ownership is the most important factor. The answer to every questions is not 'more super', for many Australians it is to own ...