Tag: Superannuation
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]
Not-for-profit super funds better performers: APRA
Research from Australia's banking regulator has found that not-for-profit superannuation funds have performed better than retail funds. [MORE]
Super industry head moves to reassure investors
The head of Australia's peak superannuation body has moved to reassure investors that components of their funds held in cash deposits in banks are safe. [MORE]
Swan flags help for retirees' super funds
Wayne Swan has offered hope to self-funded retirees whose superannuation funds have been hit hard by the economic crisis.[MORE]
Mayor stands firm on Brisbane's Future Fund approach
Brisbane Lord Mayor Campbell Newman says he will not back down on plans involving his so-called Future Fund, even though there is a global financial crisis.[MORE]
Retirees back to work after super uncertainty
Retirees are being urged to return to work to top up dwindling superannuation funds.[MORE]
Business group airs maternity leave fears
The Illawarra Business Chamber has raised concerns about the costs involved in employers having to manage a proposed national maternity leave scheme.[MORE]
Bowen moves to reassure self-funded retirees
Assistant Treasurer Chris Bowen has tried to reassure self-funded retirees by saying that the Australian economy is well placed.[MORE]
Super funds battered in global turmoil
Returns on superannuation funds in Australia have slid into a sea of red ink in the last year, and since July balanced funds are down another 2 per cent to 2.5 per cent.[MORE]
Farm group rejects AWU super claims
The National Farmers Federation (NFF) denies claims by the Australian Workers Union (AWU) that superannuation could be cut in half under a simplified award.[MORE]
Aussie pensioners asset rich, but income poor: study
Feature
Research shows that while many elderly Aussies are asset rich, they're also income poor. [MORE]
Swan flags super reform
Wayne Swan says streamlining superannuation is a key component of the Government's plan to streamline the economy.[MORE]