Tag: Superannuation
ATO warns against early-access super funds
The Australian Tax Office is warning people to be wary of arrangements offering early access to superannuation benefits via self-managed super funds.[MORE]
Super funds to 'halve in next five years'
Feature
New research suggests the number of super funds in Australia will fall by more than half over the next five years.[MORE]
Govt to consolidate lost superannuation
Federal Superannuation Minister Nick Sherry says the Government is planning to consolidate lost superannuation accounts automatically using tax file numbers.[MORE]
Super funds take a beating with worst-ever returns
Super funds earnings continued to retreat in November, with annual returns remaining the worst since compulsory super began.[MORE]
Credit crunch eats away at ACT's superannuation investments
The global financial crisis has had a significant effect on the ACT Government's superannuation investments.[MORE]
Minimal benefit from superannuation choice: study
New research has found that the majority of Australians have had little benefit from being able to choose their superannuation fund.[MORE]
Economists' super cut plan 'short sighted'
The peak body for the superannuation sector has rejected calls from economists for a temporary cut in employers' superannuation payments to stimulate consumer spending.[MORE]
Rudd reaffirms commitment to 'support growth and jobs'
Kevin Rudd used an infrastructure announcement in Melbourne to underline his commitment to dealing with the downturn in the economy. [MORE]
Economists urge cut in super contributions
A group of economists is urging the Federal Government to temporarily cut employers' superannuation contributions to stimulate consumer spending.[MORE]
Govt fast-tracks superannuation review
The Federal Government is speeding up its review of retirement incomes so that it is finished ahead of the next budget.[MORE]
No takers for Super pay packet
The New South Wales Government has removed the salary cap for the chief executive of State Super after failing to find any takers for the $428,000-a-year position.[MORE]
Superannuation should fund infrastructure projects: Oppn
The Federal Opposition says the Government should be encouraging superannuation funds to invest in infrastructure.[MORE]
Sacked Teson Trims workers to receive super payouts
Workers of the failed Victorian car parts manufacturer Teson Trims should receive their superannuation entitlements early next year.[MORE]
Teson workers expected to get super
Workers of the failed Victorian car parts manufacturer Teson Trims are expected to get all of their outstanding superannuation payments.[MORE]
Factory auction raises funds for workers
A factory owned by a failed Victorian car parts manufacturer sold at auction today, freeing up thousands of dollars for retrenched workers.[MORE]
Growth forecast for SA super scheme
The South Australian Government superannuation scheme, Funds SA, is forecasting it will grow over the next 10 years.[MORE]
Worst month on record for super funds
Superannuation funds experienced their worst month on record in October.[MORE]
Questions over airport sale price
There is concern Tasmania's Retirement Benefits Fund paid $250 million too much for the Hobart International Airport.[MORE]
$13b in 'lost' superannuation accounts
The Federal Government says there is an extraordinary amount of money in unclaimed superannuation.[MORE]
PSA doubts Pillar jobs assurance
The Public Service Association (PSA) has rejected assertions that jobs will not be lost after the sale of the Pillar superannuation organisation at Coniston.[MORE]
Govt announces superannuation scheme changes
The world economic downturn has forced the State Government to close a small part of Queensland's public service superannuation scheme.[MORE]
'Diabolical' market fuels QIC profit drop, Fraser says
Treasurer Andrew Fraser says he's not surprised by a 58pc drop in profit for the Qld Investment Corporation.[MORE]
Analyst tips further drop in superannuation returns
Superannuation analysts are predicting super funds will have fallen 15 per cent for the year, by the end of October.[MORE]
Super industry cautious on infrastructure investment plan
The superannuation industry will not be fronting the cash for the Government's nation building plans unless the deals stack up, Industry Super Network spokesman David Whiteley said.[MORE]
Australians keen to put super into building projects: Albanese
Federal Infrastructure Minister Anthony Albanese says Australians are keen to see their superannuation funds invested in national building projects.[MORE]
