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Showing 61 - 70 of 160 results for "Cost of living"

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... poor affordability, rising mortgage rates, some rise in new listings, a rotation in household spending from goods, cost of living pressures, and a collapse in homebuyer confidence," Oliver said. Though, he argued the biggest driver of the slump is rising ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... retiree benefits. Even within states, it was said that there are often varying sets of rules and provisions for how cost of living adjustments (COLA) is handled. Most pension plans have linked COLA rates to inflation, but approximately 168 state and ...

Retirement fears on the rise: AMP

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... savings for their retirement," AMP general manager retirement solutions Ben Hillier said. "Heightened by increasing cost of living pressures, this fear of running out stems from a basic lack of understanding- an awareness gap- of their finances and the ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... "Following an emotionally unsettling two to three years with we're now facing rising interest rates, general cost of living pressures, a property downturn and jittery investment markets." Owen added stress impacts on women, single parents and younger ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... will have a serious impact on competition in the banking sector at a time when, with rising interest rates and cost of living pressures, people need to be able to find the best possible deal. "These changes would set consumer protections back 15 years. ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... investment options. These fee changes will come into effect on September 30, a welcome relief for members as the cost of living increases, the fund said. Aware Super chief executive Deanne Stewart said these savings were just some of the benefits that ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... employment gains, high levels of household saving and a desire to travel more than offsetting concerns about the rising cost of living," Plank said. "It remains to be seen whether this divergence between confidence and spending can continue."

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... employees, which can be the trigger to start salary sacrificing their extra earnings." However, because of heightened cost of living pressures and poor super returns, Banney acknowledged that many people may be tempted to pocket the extra cash rather ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... forecast to deteriorate over the period ahead, exacerbated by the ongoing war in Ukraine, while the increases in cost of living and recent flooding events remind us that Australia is facing its own turbulence. "As Australia's prudential supervisor ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... profits and chief executive bonuses while working people are seeing their pay swallowed up by the rapidly rising cost of living." ACTU president Michele O'Neil commented: "Corporate Australia is causing the cost-of-living crisis by passing on price increases ...