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Showing 81 - 90 of 145 results for "home ownership"

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... Knox said. "We should recognise that the next generation will face the effects of the changing workforce, reduced home ownership, and financial implications associated with an ageing population. We cannot assume that the future will reflect our past ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... change direction. Super should be made voluntary for Australians earning under $50,000." Bragg argues super has made home ownership "so much harder for lower income Australians" and pointed out all age groups have experienced lower levels of home ownership ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... Goodwin said. "Women live longer than men and are increasingly approaching retirement without the safety net of home ownership relied upon by previous generations." As Linden did, Goodwin also noted many high-income workers - including politicians opposed ...

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... retirement income system is under review, determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of New Zealand's ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... household super balance nearly doubling over the last 12 years. Meanwhile, long term growth in house prices have seen home ownership contribute to greater wealth for the average Australian. "While ABS data has shown that there is a recent downturn in ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... bottom rung of the property ladder, their income is docked nearly 10% to save for their retirement," Cowan writes. Home ownership has fallen amongst every age group in Australia during this period. The paper points out that it has fallen the most dramatically ...

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... purchase property are desperate for financial education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the meaning of equity (49%) or what an offset account is (48%). ...

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... to limit negative gearing to new housing if it wins the next election in a bid to put "the Australian dream of home ownership back within the reach of middle and working class families." Investments made before the changes take place are not affected ...

Choice outweighs balance for women

KARREN VERGARA  |  FRIDAY, 8 MAR 2019
... children or care for other family members have contributed to lower superannuation balances, lower incidence of home ownership and overall personal wealth for retirement, she said. "This essentially equates to less choice for older women." In many ways ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... Australians who rent, particularly in Sydney and Melbourne. "And this problem will get worse because on current trends home ownership for over-65s will decline from 76% today to 57%by 2056," the report said. The report calls for a 40%increase in the ...