Showing 13 to 24 of 57 results
High IVF Costs Drive Australians to Risky Alternatives
Due to high IVF costs in Australia, many are using informal sperm donation, while 4210 people accessed $64.1 million in superannuation for IVF in 2023-24—a 55% increase from 2018-19—exposing financial and gender inequalities.
High IVF Costs Drive Australians to Risky Alternatives
Due to high IVF costs in Australia, many are using informal sperm donation, while 4210 people accessed $64.1 million in superannuation for IVF in 2023-24—a 55% increase from 2018-19—exposing financial and gender inequalities.
Progress
68% Bias Score
Reverse Mortgages: Impact on Estate and Government Schemes
This article analyzes reverse mortgages, noting that the impact on an estate depends on factors such as loan size relative to house value, property appreciation, and the use of government schemes like the Home Equity Access Scheme which mitigates risks.
Reverse Mortgages: Impact on Estate and Government Schemes
This article analyzes reverse mortgages, noting that the impact on an estate depends on factors such as loan size relative to house value, property appreciation, and the use of government schemes like the Home Equity Access Scheme which mitigates risks.
Progress
48% Bias Score
Superannuation Increase: Workers Bear the Cost
From July 1st, 2024, employers will contribute 12 percent of an employee's wage to their superannuation, a 0.5 percent increase that, according to economic studies, will largely be offset by lower pay rises for the workers.
Superannuation Increase: Workers Bear the Cost
From July 1st, 2024, employers will contribute 12 percent of an employee's wage to their superannuation, a 0.5 percent increase that, according to economic studies, will largely be offset by lower pay rises for the workers.
Progress
52% Bias Score
Albanese Government's Incremental Policy Approach Sparks Debate
Australia's Prime Minister Albanese is pursuing a series of smaller policy changes, including minor superannuation tax increases on balances over \$3 million, while emphasizing tangible infrastructure improvements and healthcare expansions, which has sparked debate about the government's long-term v...
Albanese Government's Incremental Policy Approach Sparks Debate
Australia's Prime Minister Albanese is pursuing a series of smaller policy changes, including minor superannuation tax increases on balances over \$3 million, while emphasizing tangible infrastructure improvements and healthcare expansions, which has sparked debate about the government's long-term v...
Progress
40% Bias Score
Australia to Tax High-Balance Superannuation Accounts
Australia's Labor government will impose a 15% tax on superannuation earnings exceeding \$3 million annually, affecting 80,000 high-balance accounts (top 0.5%), aiming for greater equity in the system, but sparking criticism over its potential economic effects and the taxation of "unrealised" gains.
Australia to Tax High-Balance Superannuation Accounts
Australia's Labor government will impose a 15% tax on superannuation earnings exceeding \$3 million annually, affecting 80,000 high-balance accounts (top 0.5%), aiming for greater equity in the system, but sparking criticism over its potential economic effects and the taxation of "unrealised" gains.
Progress
44% Bias Score
Labor's Landslide Win: Mandate for Reform, but Political Challenges Remain
Australia's Labor party achieved a resounding election victory, winning 94 seats, providing a strong mandate for economic reforms. However, even a minor proposed tax change on superannuation for high-balance accounts sparked intense backlash from wealthy investors and conservative media, illustratin...
Labor's Landslide Win: Mandate for Reform, but Political Challenges Remain
Australia's Labor party achieved a resounding election victory, winning 94 seats, providing a strong mandate for economic reforms. However, even a minor proposed tax change on superannuation for high-balance accounts sparked intense backlash from wealthy investors and conservative media, illustratin...
Progress
60% Bias Score
Insignia Financial Acquired for $3.3 Billion
Insignia Financial, owner of MLC, was acquired by CC Capital and OneIM for $3.3 billion, ending a bidding war and marking CC Capital's first Australian investment, subject to regulatory approval. The deal values Insignia at a 50 percent premium over its pre-bid share price.
Insignia Financial Acquired for $3.3 Billion
Insignia Financial, owner of MLC, was acquired by CC Capital and OneIM for $3.3 billion, ending a bidding war and marking CC Capital's first Australian investment, subject to regulatory approval. The deal values Insignia at a 50 percent premium over its pre-bid share price.
Progress
24% Bias Score
ATO Data Reveals Tax Avoidance, Negative Gearing Surge, and Widening Wealth Disparity
The ATO's 2022-23 tax statistics show 91 millionaires paid no tax, negative gearing losses increased due to rising interest rates, and high-income earners disproportionately benefit from capital gains, while many nearing retirement lack sufficient superannuation.
ATO Data Reveals Tax Avoidance, Negative Gearing Surge, and Widening Wealth Disparity
The ATO's 2022-23 tax statistics show 91 millionaires paid no tax, negative gearing losses increased due to rising interest rates, and high-income earners disproportionately benefit from capital gains, while many nearing retirement lack sufficient superannuation.
Progress
60% Bias Score
APRA Mandates Cybersecurity Overhaul for Australian Super Funds After $750,000 Cybertheft
In March 2024, coordinated cyberattacks targeting major Australian super funds, including AustralianSuper, resulted in approximately $750,000 being stolen from AustralianSuper members via credential stuffing, prompting APRA to mandate improved cybersecurity measures across the industry.
APRA Mandates Cybersecurity Overhaul for Australian Super Funds After $750,000 Cybertheft
In March 2024, coordinated cyberattacks targeting major Australian super funds, including AustralianSuper, resulted in approximately $750,000 being stolen from AustralianSuper members via credential stuffing, prompting APRA to mandate improved cybersecurity measures across the industry.
Progress
20% Bias Score
Proposed Super Tax: Clarifying Franking Credits and CGT Implications
The article clarifies that the proposed tax on unrealised capital gains in superannuation above $3 million is calculated separately from the franking credit system and future capital gains tax, and that it only applies to the portion above the $3 million threshold remaining in the accumulation phase...
Proposed Super Tax: Clarifying Franking Credits and CGT Implications
The article clarifies that the proposed tax on unrealised capital gains in superannuation above $3 million is calculated separately from the franking credit system and future capital gains tax, and that it only applies to the portion above the $3 million threshold remaining in the accumulation phase...
Progress
48% Bias Score
Brisbane Crane Incident, Murder Charge, and Super Tax Debate
A man climbed a crane in Brisbane, causing road closures; a woman is charged with murder in Bundaberg; and the government's superannuation tax plan is debated.
Brisbane Crane Incident, Murder Charge, and Super Tax Debate
A man climbed a crane in Brisbane, causing road closures; a woman is charged with murder in Bundaberg; and the government's superannuation tax plan is debated.
Progress
48% Bias Score
Australia's Retirement Advice Crisis: A System Failing Everyday Australians
Australia's retirement advice system is failing many, leaving those with up to \$500,000 in superannuation without access to affordable, personalized guidance on crucial retirement decisions; this is due to conflicting interests between super funds, financial advisors, and delayed government reforms...
Australia's Retirement Advice Crisis: A System Failing Everyday Australians
Australia's retirement advice system is failing many, leaving those with up to \$500,000 in superannuation without access to affordable, personalized guidance on crucial retirement decisions; this is due to conflicting interests between super funds, financial advisors, and delayed government reforms...
Progress
56% Bias Score
Showing 13 to 24 of 57 results