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Showing 1 - 10 of 51 results for "Australians Over 60"

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
Speaking at the National Press Club on Wednesday, minister for health and ageing Mark Butler said he will soon introduce a bill to ensure the sustainability of the National Disability Insurance Scheme (NDIS), seeing about 160,000 recipients' entitlements ...

Financially savvy Australians can add $1.2tn to wealth: Research

RIDDHIMA TALWANI  |  FRIDAY, 28 NOV 2025
New research has found that if all Australians were to reach a level of advanced financial capability, it could uplift aggregate household wealth by $1.2 trillion, equal to $122,950 per household. The Big Lift report by Deloitte in collaboration with ...

Retirees could be out up to $136k: SMC

ANGELIQUE MINAS  |  THURSDAY, 30 OCT 2025
A report by the Super Members Council (SMC) suggests the complex retirement system in Australia could be costing retirees up to $136,000. The modelling underscores the long-awaited need for financial advice reforms, and simpler, smarter pathways to ...

Macquarie ventures into land lease development

RIDDHIMA TALWANI  |  TUESDAY, 9 SEP 2025
Macquarie's real estate platform has launched a new land lease communities group, Millbray, to cater to the rising demand of quality residential accommodations for Australians over the age of 50. The community group will be fully owned by Macquarie ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
The Australian Shareholders' Association (ASA) is urging the federal government to reconsider the proposed terms on the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted ...

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
BlackRock will acquire a minority stake in Generation Development Group (ASX: GDG), forming a strategic partnership with its retirement income subsidiary Generation Life to "set a new standard for managing longevity and sequencing risk." Joint working ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
NGS Super has partnered with Challenger to provide guaranteed lifetime income for members. The agreement will give the super fund's 32,000 members aged over 55 "greater certainty" through blending an account-based pension with a guaranteed, regular ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
A Natixis Investment Managers study shows 40% of Australians don't think they'll be able to fund their own retirement, while 50% are actively avoiding thinking about it. Still, they're faring better than many other nations. According to the 2024 Natixis ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
AMP research has revealed that four in five Australians aged 65 and over believe their children face similar or harder challenges than they did amid the cost-of-living crisis. AMP found 70% of retirees, while wanting to support their children, are mostly ...
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