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Showing 1 - 10 of 118 results for "Young Australians"

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... agenda as he reassured funds the intent is not to "dismantle" the system. "The scheme created an incentive for young Australians to engage with their super contributions and build good habits by making voluntary salary sacrifice contributions," he said. ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... need to track hours (in relation to the threshold) and lessens risks of underpayment, she added. "It will help young Australians to have a consistent and positive experience of Australia's super system from the start of their working lives," she said. ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... retirement because even small changes made now can have a big impact down the track," Blakey said. "For many young Australians, super will be their biggest financial asset. Their parents are also starting to retire with super balances built over their ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... explained that an accumulation of regulations is hurting people, making it difficult to provide "simple advice" to young Australians. He said there's very little financial literacy among young people in Australia, unless their parents teach them ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... people would lose a mountain of money from their super at retirement. "It would make life harder financially for young Australians - especially those renting - and make cost-of-living pressures worse." Speaking at the Committee for Economic Development ...

Trend among young Aussies highlights need for affordable advice

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
The Association of Superannuation Funds of Australia (ASFA) has released new research highlighting that young Australians are increasingly relying on social media for financial advice. ASFA said a major concern with this trend is the growing risk of ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... milestone. "Every dollar raised has provided vital resources and programs that contribute to a brighter future for young Australians," FICAP chair Marnie McLaren said. "Reaching $3 million is a testament to the incredible spirit of giving within the ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ...

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
... Australia board. She has also chaired multiple not-for-profit boards, including Beyond Blue, the Foundation of Young Australians, Australians Investing in Women, Ausfilm, the Australian National Research Organisation for Women's Safety (ANROWS) ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
The Reserve Bank of Australia (RBA) has been accused of using young Australians as "cannon fodder" in the fight against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing ...
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