NZ Government’s Economic Stewardship Challenged by Big GDP Slump https://www.byteseu.com/1392130/ #EconomicGrowth #economy #FundManager #GDP #Government #InterestRates #labor #LABOURPARTY/THE #Markets #NewZealand #ReserveBank #superannuation
NZ Government’s Economic Stewardship Challenged by Big GDP Slump https://www.byteseu.com/1392130/ #EconomicGrowth #economy #FundManager #GDP #Government #InterestRates #labor #LABOURPARTY/THE #Markets #NewZealand #ReserveBank #superannuation
https://www.europesays.com/2382673/ Who you can nominate as a beneficiary for your superannuation if you are single without kids #business #death #estate #LifeInsurance #marriage #PersonalFinance #spouse #super #SuperBeneficiary #superannuation
@Garyb_spectabilis a little bit from an email from the Guardian
“Renewables might now be cheaper than fossil fuel in the vast majority of cases, but this makes them less attractive to capital, not more. Fossil fuels are uncompetitive and highly profitable. Renewables are highly competitive and not very profitable.
As a result, fossil fuel extractors will fight tooth and nail to prevent market forces from operating.”
Basically, you are not going to change these companies from within because they can’t afford to give up their business model.
https://www.europesays.com/2346167/ Pension Funds Missing Tech Rally Turn to Completion Portfolios #australia #business #GraemeJohnHourstonMiller #HedgeFunds #markets #MicrosoftCorp #NVIDIACorp #PACIFICINVESTMENTMANAGEMEN #PersonalFinance #S&P500Index #seven #stocks #superannuation
Who’s the dole bludger now?
Turns out it’s not the single mum on JobSeeker — it’s the millionaire with a self-managed super fund.
Australia’s super system is flooded with tax breaks for the wealthy, costing the budget billions. This isn’t “retirement planning” — it’s taxpayer-funded wealth hoarding.
#auspol #superannuation #inequality
https://www.abc.net.au/news/2025-07-15/superannuation-system-subsidises-the-wealthy/105530936
https://www.europesays.com/2233019/ HESTA executive says super fund’s operations ‘normal’, despite outrage from members and advocates ##retiree #access #business #HESTA #HestaOutage #outage #PersonalFinance #retirement #StephenReilly #super #SuperConsumersAustralia #SuperFund #SuperSavings #superannuation
https://www.europesays.com/2226301/ Sorting through the economic debate — Australia is well placed #auspol #australia #AUSTRALIANECONOMY #BusinessCycle #EconomicReform #InterestRates #investment #JimChalmers #LaborParty #MonetaryPolicy #ProductivityRoundtable #StephenKoukoulas #superannuation #TaxSystem
@MorpheusB funny and spot on. Heaven forbid the rich pay taxes on their income. S/.
“So what if I want to redirect the profits of my shares and property portfolios into my super account. That’s my god given right.”
Labor must protect environment while rewriting laws ‘written to facilitate development’, Larissa Waters says https://www.theguardian.com/australia-news/2025/jun/27/greens-leader-larissa-waters-labor-national-environment-laws #Australianpolitics #AustralianGreens #Superannuation #Law(Australia) #LarissaWaters #Climatecrisis #Conservation #JimChalmers #Fossilfuels #Environment #Laborparty #Farming
The reason why we don’t have free dental in Medicare is because we subsidise the inheritance of the wealthiest people in Australia.
https://www.europesays.com/2194827/ Manual labourer unable to work into retirement calls for differentiated pension age #67 #age #builder #business #labourer #lower #ManualLabour #MatureAge #pension #PersonalFinance #ross #superannuation #tasmania
AustralianSuper criticised for buying up shares in Whitehaven Coal while claiming to be committed to net zero https://www.theguardian.com/australia-news/2025/jun/24/australiansuper-criticised-for-buying-up-shares-in-whitehaven-coal-while-claiming-to-be-committed-to-net-zero-ntwnfb #Superannuation #Climatecrisis #Australianews #Environment #Business #Energy
#Superannuation was meant to help people save for retirement, but 40 years on it's become a tax dodge for the wealthy. It's now set to cost taxpayers more than the Age Pension.
Watch Alan Kohler break it down:
Wealthy Australians are worried we might realise how rigged the system is in their favour | Greg Jericho https://www.theguardian.com/business/grogonomics/2025/jun/12/wealthy-australians-are-worried-we-might-realise-how-rigged-the-system-is-in-their-favour #Australianeconomy #Superannuation #Australianews #Inequality #Housing #Tax
Disappointing that the national broadcaster @abcnews can't use accurate language. “Accuses” suggests doubt, when the Treasurer is simply stating facts. Let me help:
Treasurer Jim Chalmers rightly points out that opponents of the ‘extremely generous’ super tax changes are spreading lies.
Treasurer calls out misinformation on super changes. Only around 80k Australians—those with super balances over $3 million—will be affected. That’s a tiny fraction of the population. Most people won’t notice a thing.
#auspol #superannuation #taxtherich #vestedInterests
https://www.abc.net.au/news/2025-06-04/treasurer-accuses-opponents-of-lying-about-super/105377296
"We don't have the political leadership in this country to make difficult decisions."
Shamubeel Eaqub - #economist - speaking on #AoNZ's looming #Superannuation crisis on this monring's Breakfast programme.
The super tax change only affects balances over $3 million—about fairness, not a raid. If a few wealthy investors sell property, that’s not a crisis—it’s an opportunity.
More homes for buyers means fewer locked up in the rental market.
#superannuation #auspol #housing #fairtax
Australian Ethical has (finally!) fully divested from Tesla. I emailed them about it 6 months ago, good to see they got there in the end.