Yesterday’s rate rise, coupled with recent changed to Australia’s superannuation policy, locks us into a nation-changing situation: we will soon be a nation of renters, says Robert Gottliebsen.
Superannuation
Thoughts after an Association of Superannuation Funds Australia lunch
If the Government raise compulsory super contributions from 9% to 12%, it will simply subsidise higher income earners’ retirement by foregoing taxes at a ridiculously high level and overtaxing those on lower incomes.
‘KangaSupa’ a one-shot wonder for many policy ills
A capital guaranteed national superannuation fund that only invested in fixed income securities would actually serve as an effective surrogate for a publicly owned bank, writes Christopher Joye.
Labor’s super reforms have only just begun
Chris Bowen has made it clear he regards superannuation as one of the great Labor reforms, and one that can be wielded effectively against the Coalition.
Nest eggs bounce back
Super funds have just seen the sixth straight month of gains after six months of falls, says Shane Wright. But not before the uncertainty of the market has changed retirees’ approach to their superannuation.
Your Say: Daily Mail readers' feedback: Malcolm Turnbull, mother turtle?
Crikey readers weigh in on poor Malcolm Turnbull, their dislike of TomKat, Ashes coverage and the women reading Crikey debate continues.
Canning advisor’s commissions would be super start to reform
It’s been a long fall for the retail superannuation industry and financial planners from their glory year of 2005. Now, the financial planning industry is under fire from multiple fronts and the Government is reviewing superannuation.
Super stinks, but who’s to blame?
Who is responsible for the pathetic state of superannuation in Australia? While it’s tempting to blame your fund manager, it’s not entirely their fault, writes Tom Elliot.
Conflict of interest in the financial services sector: it’s time to act
While Australia conducts a review of superannuation and toys with self-regulation of financial advisers’ conflicts of interest, the United States and the United Kingdom are rapidly moving toward an outright ban on commissions.
GFC: just an excuse to raid retirees’ nest eggs
Banks, fund managers, investment banks and others have staged the largest ever ‘legal’ raid on the nest eggs of Australian investors and retirees.
Your Say: Daily Mail readers' feedback: Utegate and Godwin Grech
Crikey readers on the week that was: Utegate and the infamous Mr Godwin Grech, the Global Financial Crisis, Fruity Fix and superannuation.
Superannuation, not quite scrapping commissions
How fair dinkum is the retail superannuation industry about unhooking itself from commissions? asks Bernard Keane.
Financial Planning Week superannuation special
There is another way, though, to increase the capacity of superannuation to provide for a retirement that is not dependent on the aged pension.
Your Say: Daily Mail readers' feedback: Dodgy real estate practices and more
Crikey readers on … pretty much everything, including Gog & Magog, and Kevin Rudd’s weird hand movements.
The Super disaster lurking for the unwary
In publishing super tables, there is a significant danger that consumers will make decisions that could seem them losing out twice, writes Alan Dixon.
The league tables Big Super doesn’t want you to see
The retail superannuation industry is likely to fail in its efforts to derail Government plans for greater reporting of fund performance.
Superannuation provides the biggest budget savings
The biggest savings in this year’s budget haven’t come from the sort of swingeing cuts of fiscal infamy but a few high-profile items.
Budget countdown: incomes between a tax cut and a hard place
Australia has an unfair, warped and immensely costly approach to incomes policy and the coming budget is the ideal time to start the long process of fixing it.
Industry super funds in AIRC bonanza
Buried amid the Industrial Relations Commission’s awards modernisation program was a curious ruling on superannuation, writes Stephen Bartholomeusz.
Flint: Rudd will tax your super, where’s the outcry?
Labor will end tax free superannuation, according to one of its most prominent campaigners. When Peter Costello surprised and delighted the nation with his revolutionary, absolutely tax-free, superannuation policy, he estimated the government would forgo $7 billion over four years, but that would rise as babyboomers drew down their superannuation, writes David Flint.
The Economy: Super season once again
The new “simpler super” rules have from all accounts turned a king tide flood into a tsunami. But wait, are there any catches, gentle readers?
