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Showing 1 - 10 of 172 results for "Cost-of-living"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON | FRIDAY, 6 DEC 2024

... some much-welcomed relief to superannuation members who - like all Australians - are struggling with the rising cost of living." If the settlement is approved, members of the class action should start receiving payments in March 2025. NAB remains liable ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN | WEDNESDAY, 13 NOV 2024

... highly competitive market. Household deposits grew $14.9 billion in the quarter, in line with the market. While cost of living pressures remain challenging, consumer arrears - based on a 90-plus day arrears rate for home loans, personal loans, and credit ...

NAB profits, earnings slide

MATTHEW WAI | THURSDAY, 7 NOV 2024

... belts," Irvine said. "The Australian economy has remained resilient, however the impact of higher interest rates and cost of living is challenging for our customers... Not unsurprisingly, asset quality deteriorated over FY24, but we have maintained prudent ...

ACCC urges parliament to pass new merger laws

ELIZA BAVIN | MONDAY, 4 NOV 2024

... particularly important in the context of the current environment where increasing market concentration and growing cost of living pressures are impacting the economy and consumers," Cass-Gottlieb said. "We have now reached a significant milestone in ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN | WEDNESDAY, 16 OCT 2024

Australians are finding it hard to achieve their financial goals because of inflation, the cost of living, and a complex investment landscape that's characterised by ongoing policy change, according to Generation Life research. While those with a financial ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON | FRIDAY, 11 OCT 2024

... personal leave days taken each month. Elsewhere under the new EA, all Insignia Financial staff will receive a one-off cost of living payment of $1200. Those earning less than $130,000 will see guaranteed annual pay increases, and there will be guaranteed ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA | WEDNESDAY, 25 SEP 2024

... and in turn energy prices. This can lead to higher energy bills for consumers who are already struggling with the cost of living," Longo added.

MLC Super to slash admin fees for members

JAMIE WILLIAMSON | TUESDAY, 17 SEP 2024

... changes allow members to benefit from simpler, more competitive fees that deliver better value at a time where cost of living pressures are affecting many." MLC said it will also reduce investment fees and costs for most ready-made investment options ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN | TUESDAY, 3 SEP 2024

... top of the billions of dollars of relief that has been rolling out to millions of Australians to help ease the cost of living since July." Chalmers also flagged additional cost-of-living support to be rolled out in the future, including tax cuts, energy ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI | MONDAY, 12 AUG 2024

... should be able to provide financial assistance while facing mental health challenges. "This report shows that rising cost of living, increasing mental health challenges and global economic shocks are putting intense pressure on Australians. They need ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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Jenny Taing

Principal Solicitor

KHQ Lawyers

'Chameleon ETFs': Still groundbreaking and here to stay?

It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...

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Robert Talevski

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Tailored or off-the-shelf: What's right for your practice?

In the ever-evolving landscape of wealth management, financial advisers and investment professionals are faced with a multitude of choices when it comes ...

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Nathan Robertson

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Five principles for successful family office investing

At the time of writing, Australian public companies were at the end of another round of reporting their half-yearly financial results. For investors and ...

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Robert De Dominicis

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Mistaking financial literacy for retirement literacy

Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to ...

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Kellie Wood

HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED

Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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