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Showing 1 - 10 of 49 results for "REST members"

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... compulsory super contributions. It's time for this to change," Burgio said. "This rule is getting in the way of our young Rest members building a fairer and more equitable retirement. Our analysis has shown that scrapping the rule could add thousands ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... avoid misleading members," ASIC said. Rest paid the infringement notices on September 22. In a statement, it said: "Rest members rightly expect the highest level of service, and the experience of the impacted members clearly fell short of these expectations ...

Rest invests $390m in US REIT

ELIZA BAVIN  |  WEDNESDAY, 17 SEP 2025
... portfolio that is more resilient to economic volatility, providing stable income streams and downside protection for Rest members," Bambrook said. STORE Capital's portfolio comprises more than 3000 properties with more than 600 tenants across 49 US states. ...

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... severe housing shortage. "Without strong policy action, it's younger Australians, including hundreds of thousands of Rest members, who will bear the brunt of these challenges. "We strongly support economic reforms and policy changes that address intergenerational ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... LISTO "goes a small way to making super tax arrangements fairer..." "The LISTO is a hugely important measure for Rest members, with nearly half a million members receiving the benefit each year. Around 65% of those members are women," Rest said. "The ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... conscious about investing sustainably. As a matter of fact, she said, over 85% said they expect the super fund to do so. Rest members closer to retirement, meanwhile, are thinking less about themselves and more about the future generations. "Our overall ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... affected members paying for insurance that shouldn't have been added to their accounts. "A small number of uninsured Rest members incorrectly had insurance coverage added to their accounts last year as a result of a system error. Once identified, the ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... Leave scheme was the only common form of leave without compulsory super contributions. "This has led to many female Rest members retiring with less super than our male members. In fact, the gender super gap for our members approaching retirement is 27% ...

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... option from Core Strategy to Growth. Rest chief member officer Deborah Potts said the updates have been designed with Rest members in mind. "Around half of Rest's two million members are under the age of 30 and many have told us making an investment ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... major industrial markets across Australia," King said. Rest chief executive Vicki Doyle said the investment will give Rest members exposure to a prime, large-scale asset in the rapidly growing area around the future Western Sydney Airport. "This exciting ...
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