Minister for Superannuation Jane Hume has conceded the Coalition's recently announced first home buyer policy would increase house prices "temporarily". Key points: Some economists say it would only push up house prices and would not address affordability Superannuation Minister Jane Hume says a number of other factors influence house prices Scott Morrison says other government policies will minimise any potential …
It's hard to feel sorry for underperforming superannuation funds. On Tuesday, 13 big-name funds holding tens of billions of dollars of money invested by 1.1 million Australians failed the financial watchdog's performance test. The more than 1 million Australians who are members of underperforming superannuation funds will soon receive letters urging them to switch funds. The list of the nation's …
Superannuation is considered a household asset, but after divorce or separation some women are walking away without their fair share. Key points: In 2018, the federal government promised to improve the visibility of superannuation assets during family court proceedings by setting up a new "electronic" system But more than two years later, advocates are concerned the "urgent" changes have not …
Like most people his age, 19-year-old Zac Webster doesn't pay a great deal of attention to his super. Key points: The superannuation employers must pay workers is legislated to rise from next year until it hits 12 per cent by 2025 A debate is brewing about whether the rise will mean employers refrain from increasing wages There are calls for …
A scheme to stop perpetrators of domestic and family abuse from hiding superannuation during Family Court disputes has not been delivered on time. Key points: Two thirds of women cannot get superannuation information from their former partner in Family Court matters, according to research by the Victorian Women's Legal Service A new scheme was promised to allow the Family Court …