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Search ResultsShowing 1 - 10 of 97 results for "Early Release of Super"
IOOF, LUCRF Super on ERS workload
ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
IOOF and LUCRF Super have revealed that the government's early release of super program was one of the most challenging elements of the COVID-19 pandemic to adapt to. IOOF head of fund statutory reporting Paul Tsironis said that ERS resulted in a huge ...
ISA, Grattan find common ground
ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ERS scheme, and don't top up their ...
AFP charges early release scammers
ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... the new COVID-19 measures. AFP Taskforce Iris has charged seven people in total with submitting false early release of super (ERS) claims. Police will allege the group submitted several fraudulent applications, claiming to be other superannuation fund ...
New platform launches for super funds
ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... some funds' gradings changed dramatically from the first Heatmap." Briant also mentioned the government's Early Release of Super scheme, which he said helped increase engagement by individuals with their super. "At the same time COVID-19 Early Release ...
It's your money: Hume calls out Keating
ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Senator Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist. Taking to Twitter, Hume implied the former Prime Minister was part of an elite upper-echelon ...
ERS scheme referred to Auditor-General
ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...
ERS continues super drain
ELIZA BAVIN  |  MONDAY, 3 AUG 2020
The Early Release of Superannuation (ERS) scheme continues to drain the super system, with almost $30 billion removed from Australians' retirement savings, according to the latest APRA data. Over the week to July 26, super funds made payments to ...
Spend your money how you please: PM
ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... government's place to tell Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the only person who can decide how to spend the ...
Financial comfort reliant on fiscal support: ME Bank
ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... prudent financial actions by households in response to the pandemic as well as JobKeeper, JobSeeker and the Early Release of Super scheme. Almost all 11 measures that make up the Household Financial Comfort Index improved, notably the ability to cope ...
Queenslanders drain super: ISA
ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
Industry Super Australia (ISA) claims 27% of Queenslanders with a super account have accessed the Early Release of Super (ERS) scheme; the highest proportion in the nation. ISA said over 145,000 Queenslanders have wiped out their retirement savings ...
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