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Superannuation
What Ex-LNP Senator Rennick Hopes to Achieve as an Independent
The Queensland senator has pledged to empower Australians to pay off home loans and boost their overall financial wellbeing.
August 28, 2024
BY
Nicole James
8 Reasons Why Superannuation Should Be Axed
Senator Gerard Rennick on why superannuation is the worst thing to happen to the Australian economy.
March 13, 2024
BY
Nicole James
Push for Wealthier Seniors to Fund Their Aged Care
The Aged Care Taskforce suggested that the cost of the ballooning aged care sector should be self-funded by ...
March 11, 2024
BY
Rex Widerstrom
Superannuation Body Will Become the ‘Lexcorp’ of Australian Economy: Senator
Super funds would work together for the interests of the funds themselves rather than the members for the ...
January 10, 2024
BY
Nina Nguyen
Australians Estimate They Need Nearly $650,000 to Fund Their Retirements
Current average superannuation savings will only last halfway through a person's retirement.
December 20, 2023
BY
Alfred Bui
Superannuation Has Become a Burden on Our Economy: Senator
Queensland LNP Senator Gerard Rennick has labelled Australia's superannuation system as detrimental to the country's economy. “Superannuation was ...
September 8, 2023
BY
Nick Spencer
Duplicate Accounts Cost AustralianSuper Members $69 Million: ACCC
AustralianSuper, the country's largest superannuation fund, has been slapped with a Federal Court action after allegedly failing to ...
September 8, 2023
BY
Celene Ignacio
Greens to Block Labor’s Tax Plan, Demands More Paid Parental Leave
The Greens will block Labor’s plans to tax wealthy retiree funds unless the government commits superannuation payments to ...
August 31, 2023
BY
Daryl Vandenberg
Australian Businesses to Pay Super on Payday
Employers will be required to pay superannuation on fortnightly cycles instead of every three months in the latest ...
May 2, 2023
BY
Alfred Bui
Think Tank Calls for Super Tax Breaks to Be Whittled Away
The Australian government must make radical changes to superannuation to deal with future budget shortfalls in defence, aged ...
April 3, 2023
BY
Victoria Kelly-Clark
Labor’s Super Tax Will Capture 1 in 10 Australians in 30 Years, Treasure’s New Estimate Shows
Labor's superannuation tax change would hit one in 10 Australians who are retiring in 30 years and will ...
March 7, 2023
BY
Nina Nguyen
When Government Plays With Politics of Envy, the People Lose
Commentary Envy. It’s one of the seven deadly sins according to the Christian faith. Irrespective of one’s faith, ...
March 5, 2023
BY
Eric Abetz
Labor’s $3 Million Super Threshold Could Affect Over 500,000 Australians: Liberal Senator
A Liberal senator has warned that Labor’s planned taxes on high superannuation balances could eventually impact over 500,000 ...
March 5, 2023
BY
Nina Nguyen
Government Should Control Spending, Not Dip Into Our Retirement Nest Eggs
Commentary The announcement by the federal government that it intends to change the tax structure on superannuation (pension ...
March 3, 2023
BY
Neil Angus
Australian Treasurer Walks Back Comments on Taxing Family Homes Following PM Intervention
Australian Treasurer Jim Chalmers has admitted that he should have promised Australians that Labor had no plans to ...
March 1, 2023
BY
Nina Nguyen
Labor to Double Tax Rate for Pension Fund Accounts With Over $3 Million
Australians with more than $3 million (US$2.02 million) stowed away in their pension funds (superannuation) could see tax ...
February 28, 2023
BY
Daniel Y. Teng
Think Twice Before Tinkering With People’s Retirement Savings
Commentary Honey pots attract bees as well as wasps. So it would seem the $3.3 trillion (US$2.3 trillion) ...
February 26, 2023
BY
Eric Abetz
Opposition Warns Australian Self-Funded Retirees Over Labor Superannuation Plan
Australian opposition leader Peter Dutton has warned that any plans by Labor to raise superannuation tax would be ...
February 23, 2023
BY
Nina Nguyen
Vanguard Launches Pension Fund to Capture Slice of Australia’s $2 Trillion Savings Pool
U.S. investment giant Vanguard has launched a pension fund in Australia in a bid to win a slice ...
November 11, 2022
BY
Daniel Y. Teng
Senator Concerned Australian Pension Funds Could Seek Out China Market
Sen. James Paterson says he is concerned Australian pension funds (superannuation) could seek out investment opportunities in countries ...
September 15, 2022
BY
Daniel Y. Teng
Retirement Funds to Benefit From Increasing Contributions in New Financial Year
Compulsory superannuation contributions will increase from 10 percent to 10.5 percent for Australian workers in the new financial ...
July 1, 2022
BY
Daniel Y. Teng
Your Retirement Should Not Be Politicised: Economist
Political tribalism is holding Australians back from taking control of their retirement nest eggs, according to economist Cameron ...
May 25, 2022
BY
Daniel Y. Teng
‘Divest Russian Assets’: Australian Treasurer Tells Superannuation Funds
Australian superannuation funds are divesting away from Russian assets with support from the federal government. “The Morrison Government ...
March 4, 2022
BY
Rebecca Zhu
Super Will Now Follow Australian Workers Between Jobs
Superannuation funds will be “stapled” to Australian workers, following them when they switch jobs and minimising multiple unintended ...
November 1, 2021
BY
Rebecca Zhu
‘Mega Funds’ Set to Dominate Australian Super Industry: Report
Australia’s retirement fund industry is set to be dominated by $100 billion-plus “mega-funds,” according to a new report ...
May 5, 2021
BY
Daniel Y. Teng
NAB Superannuation Providers to Pay $57 Million in Penalties
Two NAB-owned superannuation businesses have been ordered to pay $57.5 million in penalties after the Federal Court found ...
September 14, 2020
BY
AAP
Left and Right Senators Duel Over Super Fund Industry
The debate about whether to increase the rate of money Australians pay into their compulsory retirement savings received ...
August 28, 2020
BY
Caden Pearson
TOP NEWS
Trump Urges Netanyahu Not to Retaliate After Iran’s Missile Attack
NEW
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
7hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
9hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
10hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
14hr
By
Lawrence Wilson