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Showing 1 - 10 of 162 results for "Cost of living"

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing cost of living pressures in Australia, it was a positive year for Equip Super members. "In the face of concerns over a potential US recession ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... for wealth, over 40% of people in the top or bottom two deciles in 2001 remained there in 2022. "On top of this, cost of living pressures and rising property prices mean higher earnings may not afford you the same standard of living and access to wealth ...

Four out of five workers to search for new jobs: Hays

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
... Hays Salary Guide, which surveyed more than 15,000 respondents covering 1250 roles across 26 different industries, cost of living pressures are also driving employee demand for increased pay rises. This comes as 86% of employers plan to increase salaries ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... Competitiveness Yearbook 2024, a global ranking of the competitiveness of 67 nations. "While inflation and the cost of living are hurting households and businesses alike, this result shows Australia's economy has been comparatively resilient despite ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... of wealth' retirement plan, so Australians can have confidence and security in retirement." Unsurprisingly then, cost of living was cited as being "front of mind" for many Australians. Retirees expect their retirement income needs to increase by $10,000 ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... "And we've got a whole lot of things going on here, number one being inflation, which everyone is seeing the cost of living rise dramatically. Everyone is being hit by that, young folks, old folks, everyone. "Then you've got renters, who are ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... 5.8 million people, have struggled to make repayments in the last 12 months. The top reasons for this included cost of living pressures, reduced income, and unexpected expenses. Despite struggling to make repayments, three in 10 Australians (30%) said ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... singles to save $100,000 by the same age. ASFA chief executive Mary Delahunty said retirees are feeling considerable cost of living pressure on their household budgets and added that ongoing inflationary pressure has reinforced the need for Australia's ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... pockets of taxpayers, especially low- and middle-income taxpayers, and provide welcome relief from the surging cost of living," H&R Block director of tax communications Mark Chapman said. "As originally designed by the Liberal/National government, the ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... would be around $1888 a year, or $36 a week. "Our new tax cuts for middle Australia are the biggest part of the cost of living relief in this Budget. From July 1, all 13.6 million taxpayers will get a tax cut," Chalmers said. "And for 84% of taxpayers ...
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