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Showing 1 - 10 of 54 results for "Intergenerational Report"

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... of GDP, and this is part of the big demographic shifts shaping our economy, which we identified in our intergenerational report." Chalmers said the new package of reforms will help give retirees peace of mind, help them make their super go further and ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... retirement phase," ASIC said. ASIC aligns its default inflation rates with the federal government's 2023 Intergenerational Report (IGR), Retirement Income Review, and current midpoint of the Reserve Bank of Australia's target range for consumer price ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... narrowing, and treasury expects it to close early next year," Chalmers said. Additionally, he flagged the 2023 Intergenerational Report, released in August, which looks to focus on "big trends and transitions" in the Australian economy while including ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... for members who have delivered similar solutions in other more established markets, like the US." The Intergenerational Report indicated that Australians are living longer with more years in good health, leading to an increase in the number of people ...

Ageing population measures needs rethink: Mercer

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... the number of people aged 65 or over against per 100 people of working ages between 15 and 64. The 2023 Intergenerational Report (IGR) continues to publish this ratio, but this approach is outdated and can lead to unnecessary fear and even unhelpful ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... the role of super funds in helping members transition to retirement. It follows the release of the 2023 Intergenerational Report by Treasury, which demonstrates superannuation will play a key role in reducing reliance on the Age Pension and supporting ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... followed by NSW $45,900. Women in the ACT have a comparatively healthy $72,100 median super balance. The intergenerational report has noted that without intervention the gender super balance will persist for at least the next four decades. "It is time ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... Statement this month, we receive the RBA Review next month, there'll be an Employment White Paper and an Intergenerational Report." The Treasurer added this year will see a wellbeing framework mapping out important steps on sustainable finance can also ...

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... will be spending more on superannuation tax concessions than on the Age Pension, according to the fifth Intergenerational Report released today. The government currently spends about 2% of the GDP on superannuation tax concessions. This will rise to ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... pension costs to government and how much better would retirement standards be with more super? "The last Intergenerational Report showed around 80% of people would take a public pension in 2055. That is not good enough after 70 years of compulsory superannuation," ...
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