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Showing 1 - 10 of 100+ results for "Australians"

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees. AIST also says one in ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
The equity gap between young and old Australians narrowed after a seven-year widening streak but the improved fortunes of the young may be short-lived, says the Actuaries Institute. Calling it "a year like no other", Actuaries Institute's Intergenerational ...

AustralianSuper, Club Plus to merge

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
AustralianSuper and Club Plus Super are working towards a merger, which would see the creation of a $207 billion fund. Club Plus Super identified AustralianSuper as the right strategic, cultural and operational fit for its members and reached out to ...

Deborah Ralston joins Household Capital

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... understand finance through the eyes of consumers, their needs and the regulation of markets that meet them," Ralston said. "Australians enjoy good health and long lives, high quality housing, a sustainable pension system and a leading superannuation ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... spending," FPA chief executive Dante De Gori said. "The practical changes announced to superannuation will provide all Australians with greater flexibility to maximise their retirement. The FPA welcomes the government's decision to introduce flexibility ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... deficit would have been much worse had the government not intervened, with worse economic outcomes. There would be more Australians out of work, more business closures, more crimes, etc. overall, a deeper and lengthier recession that'll eventually ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has introduced more flexibility for older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... available to those 65 and over. Changes to the Pension Loan Scheme are also being introduced from July next year. Older Australians will also be looked after in the form of a $17.7 billion injection into the aged care system. Frydenberg announced the ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... feared unemployment could reach as far as 15% and the economy contract by 20%. "This would have meant two million Australians unemployed. It would have been the equivalent of losing the agriculture, construction, and mining sectors," Frydenberg said. ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... life insurance and investment products removes the tax and social security barriers which have prevented millions of Australians from moving from older products to more modern ones," Loane said.
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