Tag: Superannuation
MPs' super boost won't be costly: Foley
Kevin Foley says increasing super benefits of new MPs will cost SA only $250,000 per year.[MORE]
Interest rates 'appropriate' as super-saver evolves
The RBA says it is comfortable with current interest rates which are driving households to greater saving and less property speculation.[MORE]
A super scandal
Over the past dozen years the returns from superannuation have been woeful, and far lower than has been generally understood.[MORE]
Bowen defends underperforming super system
The Federal Government has responded to ABC revelations that returns from the superannuation system over the past 13 years have averaged just 3 per cent a year.[MORE]
Retirement savings going backwards
Australians' superannuation delivers a return of just 3 per cent a year over 13 years, about 50 per cent less than the return on cash in the bank.[MORE]
Labor told to forget super, focus on debt
The Coalition has questioned the need for the Government's "My Super" reform and says Labor should be more focused on reducing Government debt.[MORE]
Government says art can remain in self-managed super
The Federal Government says it will continue to allow art to be part of self-managed superannuation funds despite a review that proposed it be excluded.[MORE]
Gillard makes pledge on low-fee super scheme
Julia Gillard says a Labor government would allow workers to choose a low-fee superannuation scheme to help boost their retirement savings.[MORE]
'Common sense' MySuper will face a fight
A member of the Cooper superannuation review says changes need to be implemented despite some industry opposition.[MORE]
Planned super changes affecting Aboriginal art
Proposed changes to superannuation law are already severely affecting the Indigenous art market, an accountant says. [MORE]
Virgin to deliver super jobs
The UK-based financial giant Virgin Money has selected Wollongong as its base for its expanding superannuation business.[MORE]
Labor to boost redundancy guarantee
The Federal Government has announced plans to increase the level of support to workers who lose their job.[MORE]
Half a generation expect frugal retirement: survey
A report has found only one in four baby boomers are confident they have saved enough money for their retirement.[MORE]
Government not expecting super war
The Federal Government says it does not anticipate a stoush with the superannuation industry over the proposed super changes.[MORE]
Default super scheme 'encourages apathy'
There is some bickering over the model for a new default superannuation scheme recommended by the Cooper Review.[MORE]
Cooper super review urges sweeping changes
An independent review into Australia's trillion dollar superannuation system is urging a range of sweeping reforms.[MORE]
Westpac makes family friendly move
Westpac says it's breaking new ground by committing to paying superannuation contributions for people taking parental leave.[MORE]
Art collectors to lose out under super changes
Artists say their industry could lose millions of dollars if people managing their own super funds are prohibited from investing in artworks.[MORE]
Poor records leave billions in unclaimed super
The superannuation industry says poor data collection standards have helped swell a growing pot of billions of dollars of unclaimed super funds.[MORE]
Artists fear super ban will destroy local industry
Artists are fighting planned changes to superannuation rules that will prevent funds from investing in art.[MORE]
Mining tax super impact 0.6 per cent: funds
The superannuation industry is disputing the mining sector's assertion the proposed resources rent tax will hit super returns.[MORE]
Spend the inheritance: reverse mortgages to surge
A new report shows the reverse mortgage industry grew 9 per cent last year, mainly to fund retirees' living costs.[MORE]
Super funds tell miners to end 'political campaign'
Superannuation fund managers are coming out in force against Australia's big miners and their campaign against the resource tax changes.[MORE]
Super slumps in share slide
The volatility on global share markets is now biting into superannuation funds.[MORE]
Factbox: the new mining tax
News Online takes a look at the key arguments for and against the Resource Super Profits Tax.[MORE]
