Federal Budget

Retirees welcome government's Federal Budget plans

The government has indicated that self-funded retirees and older Australians will be a focus of the May 2021 Federal Budget. So what's in store for you?

Superannuation News

Super funds go to war with the government

Australian super funds have launched a campaign warning voters of federal government policies that, among other things, may require them to sell their home to fund retirement.

Banking & Investment

The Reserve Bank might yet take interest rates negative

Few expected the RBA to adjust its cash rate on Tuesday, and for good reason.

Finance News

Economic survey points to likely rate hike by 2022

A little ray of sunshine as 2021 economic survey points to brighter times ahead.

Superannuation News

Senator urges retirees to use their savings 'more efficiently'

Superannuation minister Jane Hume wants Australians to be more engaged with their super and to use their savings “more efficiently” when they enter retirement.

Banking & Investment

Why raising interest rates would be a huge mistake

The Reserve Bank of Australia is under pressure to raise interest rates.

Superannuation News

Call for low-income earners to receive a $5000 super top-up

The Australian Institute of Superannuation Trustees wants the government to top up the retirement accounts of low-income earners who withdrew money from super to help them get through the pandemic.

Age Pension

Government's 'death tax' talks spark calls for universal basic pension

Federal government talk of scrapping the compulsory super guarantee and implementing a 'death tax' on drawdowns on deceased estates sparks renewed calls for a universal pension.

Superannuation News

How did your super fund perform in 2020?

Super delivered a positive return for the 2020 calendar year, a testament to funds' resilience.

Superannuation News

Government considering choice between super increase or pay rise

The Morrison government is under fire for considering an opt-in model for its legislated superannuation increase.

Retirement Income

Australians with $1m in super less worried about retirement funding

Research from Fidelity International shows that two-thirds of pre-retirees are worried about being able to fund their retirement.

Retirement Income

Aussies planning to rein in unnecessary spending in 2021

Survey reveals that 48 per cent of the 1000 respondents want to better manage their money by reining in spending on discretionary items during the first six months of the new year.

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