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

Search Results

Showing 1 - 10 of 35 results for "Compound interest"

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... super payments will give workers greater oversight over their money, reduce super theft, and deliver higher compound interest returns for workers." "Many responsible employers already pay super on payday. However, this change will make a difference for ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... same level of financial support' as a payment into their super accounts is disingenuous," she said. "Due to compound interest, the impact on a woman's finances is $7500 at retirement not simply the $2900. This proposal does not contribute towards ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... principle remains to avoid the risk of permanent capital loss. "Thanks to the American tailwind and the power of compound interest, the arena in which we operate has been - and will be - rewarding if you make a couple of good decisions during a lifetime ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... unpaid super or a higher retirement balance due to more frequently paid employer super contributions attracting compound interest for longer." Roxon added that moving to payday super modernises outdated laws, making the system fairer and more equitable ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... annually in superannuation contributions. If these contributions were made available to young workers, decades of compound interest would see this amount increase to $10,200 by their retirement, ISA modelled. It would also promote engagement with the ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... of the children of the State. "We know that long term financial security starts by saving early and letting compound interest work its magic," Mr Kean said. "It shouldn't matter who your parents are or where you live - every child across NSW should have ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... happen," he told a Morningstar event. He described turnaround companies as "one-off plays" that fail to generate compound interest. Instead, Douglass named companies with defensive characteristics he found to be profitable in the long term. About 50% ...

The search for income outside defensive assets

ANNABELLE DICKSON  |  THURSDAY, 11 NOV 2021
The eighth wonder of the world, compound interest, has been diminished and retirees must look elsewhere in their search for yield. Speaking at the Financial Standard Best Practice Forum on Retirement Income, Fidelity International cross asset investment ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... primary role of super being savings for retirement." Master Builders Australia also commented, saying using "compound interest in superannuation to save a deposit makes sense". The government is also set to establish the Family Home Guarantee, which ...

Childcare costs drag women's nest egg

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... financial security," Aware chief executive Deanne Stewart said. "Too many women lose out on the benefits of compound interest on their super balances throughout their younger years which can have a profound impact on the quality of their retirement." ...
PAGE:
1
PREVIOUS
NEXT