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Showing 81 - 90 of 110 results for "Super Members Council"

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... housing without increasing demand... and this isn't it," Jones said. The report by Eslake, commissioned by the Super Members Council, said there is nearly six decades of evidence showing that when housing demand exceeds supply, policies that enable people ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC), Eslake said that decades of evidence clearly show that when housing demand outstrips supply, policies which have allowed ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... was to be equivalent to the value of their super entitlement. Its attempts were met with criticism, with Super Members Council saying allowing superannuation to become optional undermined the policy's intent altogether, being to boost the super balances ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... quarterly. Treasury estimates some 8.9 million employees will benefit from higher retirement savings as a result; Super Members Council estimates show the average affected worker misses out on $1800 in super each year, or $30,000 at retirement. Under ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... should they need immediate support with the costs of caring for their newborn they have that choice too." The Super Members Council (SMC) said the Coalition's support for paying super on Commonwealth Parental Leave Pay is very welcome - but its bid ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... particularly lower income earners can experience a dignified retirement," she added. Earlier this week, Super Members Council (SMC) called on all Senators to pass the bill swiftly. The SMC said the bill would serve as a "guiding light for future policy ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... indirectly contributed to a victim's death. The Association of Superannuation Funds of Australia (ASFA), Super Members Council (SMC), and Women in Super have appealed to assistant treasurer Stephen Jones and other "key ministers" to reform superannuation ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...