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The Latest News from retirement

Bank of mum and dad could run dry for retirement

Bank of mum and dad could run dry for retirement

Affordability constraints have many turning to the bank of mum and dad but parents have been urged to consider their finances carefully before lending.

Tax on large withdrawals floated to future-proof super

Tax on large withdrawals floated to future-proof super

Tax on large withdrawals floated to future-proof super

Tax on large withdrawals floated to future-proof super

Tax tweaks have been floated to ensure Australia delivers on its newly legislated objective for the super system: delivering income for a dignified retirement.

Cbus-CFMEU bond 'may not be in members' best interest'

Cbus-CFMEU bond 'may not be in members' best interest'

Cbus-CFMEU bond 'may not be in members' best interest'

Cbus-CFMEU bond 'may not be in members' best interest'

A review has cleared the board of a major superannuation fund but suggested substantial improvements after intense scrutiny of CFMEU-linked appointments.

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Changes to super to bolster transparency and quality

Changes to super to bolster transparency and quality

Retirees hoping to use their savings will be offered improved transparency and information as the government introduces changes to superannuation.

Regulator wary as super fund appoints union directors

Regulator wary as super fund appoints union directors

Super fund Cbus has accepted the nominations of three directors put forward by the CFMEU, the union accused of corruption and links to bikie gangs.

Pacific expresses interest in Cook Islands' super deal

Pacific expresses interest in Cook Islands' super deal

A deal will allow Cook Islanders permanently migrating home from Australia to take their nest egg with them, plugging a gap in a pact with New Zealand.

Cbus takes 'complete responsibility' for payout mess

Cbus takes 'complete responsibility' for payout mess

The Cbus chair, who's faced calls to resign after the superannuation fund delayed disability and death payments, says he will ensure it never happens again.

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More super for mums, dads as parental leave laws pass

More super for mums, dads as parental leave laws pass

More super for mums, dads as parental leave laws pass

More super for mums, dads as parental leave laws pass

Laws that will boost super on paid parental leave have passed parliament, marking a 'win for parents, win for gender equality and a win for the economy'.

'Inspiring' chief justice announces retirement

'Inspiring' chief justice announces retirement

'Inspiring' chief justice announces retirement

'Inspiring' chief justice announces retirement

The Chief Justice of Victoria Anne Ferguson, who championed change in the courts and worked on high-profile cases, will retire in February 2025.

Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.

Super access won't lower hurdles for young home hunters

Super access won't lower hurdles for young home hunters

Super access won't lower hurdles for young home hunters

Super access won't lower hurdles for young home hunters

Providing young people with early access to their retirement nest eggs is unlikely to help them buy their first homes.

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Forcing Australians to work later into their 60s could be detrimental to their sense of autonomy, health and wellbeing, a study has found.

House prices may surge if buyers use super for deposits

House prices may surge if buyers use super for deposits

House prices may surge if buyers use super for deposits

House prices may surge if buyers use super for deposits

If homebuyers use super to put down a deposit, median house prices will increase across the nation and young people will be no better off, modelling reveals.

Wealthy Australians called on to pay more for aged care

Wealthy Australians called on to pay more for aged care

Wealthy Australians called on to pay more for aged care

Wealthy Australians called on to pay more for aged care

Richer Australians could soon pay more for their aged care in order to relieve budget pressure and allow the government to support those with limited means.

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Indigenous leader and Labor luminary Pat Dodson retires

Labor senator Pat Dodson is quitting politics after being diagnosed with cancer, with his resignation to take effect on January 26.

Lanning says Australia's cricket dominance can continue

Retiring superstar Meg Lanning is confident Australia's all-conquering women's team can continue their dominance of world cricket.

Bid to crack down on billions of dollars lost in super

The Greens are campaigning to criminalise superannuation theft, which costs Australian workers more than $3 billion a year.

Senator signs off with plea to remember Afghan women

A teary former foreign minister Marise Payne has spoken of the plight of Afghan women as she reflected on her 26 years in politics.

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Major super fund sued over duplicate member accounts

AustralianSuper charged members the same set of fees multiple times and failed to consolidate duplicate accounts, the financial services regulator alleges.

Greens demand super be added to paid parental leave

Labor is on track for another parliamentary battle with the Greens, with the minor party laying out what it will take to gain support for super tax changes.

Super to shield coffers from pension hit as Aussies age

The $3.5 trillion superannuation pool is predicted to grow and shield the budget from higher aged pension payments as Australians age and live longer.

Rich Aussies might have to pay for aged care with super

Wealthy Australians might need to save a portion of their superannuation to pay for their own aged care as the government looks for ways to fund the sector.

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