Superannuation should be used for aged care, not inherited by next generation, aged care CEO says
The CEO of Uniting NSW and ACT advocates for wealthier Australians to utilize their superannuation for aged care rather than passing it on to heirs, aiming to alleviate pressures on the public care system.
Swap your super to cash or ride out the market ructions? The experts weigh in
Experts discuss the impact of the escalating Middle East conflict on Australian superannuation funds and stock market performance.
Labor to pass super tax changes with support of Greens
Labor is set to finalize legislation to raise taxes on superannuation account balances exceeding $3 million, backed by the Greens, which will take effect in July.
Richest super balances to be taxed at higher rates after Greens agree to back Labor plan
The Australian Labor government will raise taxes on superannuation balances exceeding $3 million after securing support from the Greens, marking a shift in taxation policy for wealthier retirees.
'Dangerous' Trump chapter puts Australians' superannuation at risk
The analysis discusses the potential risks posed by global financial instability, particularly in the context of Australian superannuation investments in US assets.
Abetz to consider slashing high-earner public servant retirement payments
The Tasmanian government is looking into reducing superannuation payments for public servants earning over $200,000.
Super industry sounds alarm about increased switching to 'riskier' funds
Australia's superannuation industry is raising concerns over a 17% increase in people switching to riskier super funds, primarily among those with smaller balances.
ASIC announces review into 'lead generators' pushing super switching
The Australian SEC is reviewing lead generation services that promote switching superannuation funds to less regulated options.
Labor Tries Again on Super Taxes, but Success Will Hinge on Greens Support
Labor makes another attempt to raise taxes on large superannuation balances, contingent on gaining support from the Greens.
HESTA chief executive resigns after superannuation outage
The CEO of the Australian superannuation fund HESTA, Debby Blakey, resigns following significant issues with an administration outage that left many members unable to access their funds.