Member Benefits

Industry Super Australia analysis shows young people and low income workers are the big winners from the SG increase

Date Published: 02/08/2021
Category: Member Benefits

More than 6.7 million Australians have benefited from a boost to their nest egg from July as the super rate increases to 10%, with young workers and low to middle-income earners the big winners. From July 1 an extra $233 a year will flow into the super accounts of the average worker. This super boost…

https://www.australianunions.org.au/2021/08/02/industry-super-australia-analysis-shows-young-people-and-low-income-workers-are-the-big-winners-from-the-sg-increase/

Don’t Let Your Super-Cap Get in the Way of a Financial Future

Date Published: 02/08/2021
Category: Member Benefits

“You may delay, but time will not.”― Benjamin Franklin We all procrastinate but one area where procrastination can be particularly expensive is our investment portfolios. One reason many Australians procrastinate in their investing is when it comes time to make the transition from super-fund to non-super investments. This can happen because of reaching your super contribution…

https://www.australianunions.org.au/2021/08/02/dont-let-your-super-cap-get-in-the-way-of-a-financial-future/

Member Benefits Update July 2021

Date Published: 07/07/2021
Category: Member Benefits

Greetings and welcome to the July edition of the Australian Unions Member Benefits update. This month, we’ve got some winter saving suggestions from Me, information about the vaccine roll out and exciting news about changes to the superannuation. We also have ten double passes to see Don’t Breathe 2 in cinemas to give away! 7 fun ways…

https://www.australianunions.org.au/2021/07/07/member-benefits-update-july-2021/

Opinion piece: Industry Super Australia Chief Executive Bernie Dean

Date Published: 06/07/2021
Category: Member Benefits

From July 1 millions of Australian workers will get a retirement savings boost as the government lifts the super rate from 9.5% to 10%. The average worker will get about an extra $230 a year from their employer. These increases are modest and affordable for employers. Small enough that many workers may not even notice…

https://www.australianunions.org.au/2021/07/06/opinion-piece-industry-super-australia-chief-executive-bernie-dean/

Member Benefits Update June 2021

Date Published: 03/06/2021
Category: Member Benefits

Greetings and welcome to the June edition of the Australian Unions Member Benefits update. This month, we’ve got an update on the Liberals super con, Industry Super explain the super guarantee and ME have new data on the housing market.  We also have ten double passes to see Escape Room: Tournament of Champions in cinemas to give away! Homebuyer sentiment burnt…

https://www.australianunions.org.au/2021/06/03/member-benefits-update-june-2021/

Recent federal budget sees the Super Guarantee rate increase as legislated – ISA analysis

Date Published: 03/06/2021
Category: Member Benefits

The recent Federal Budget has increased women’s savings by billions by not messing with the legislated super increase and mandating that super is paid to all part-time workers. But in a post Mother’s Day sting the government has refused to pay super on Commonwealth paid parental leave – more than 90% of which would be…

https://www.australianunions.org.au/2021/06/03/recent-federal-budget-sees-the-super-guarantee-rate-increase-as-legislated-isa-analysis/

Homebuyer sentiment burnt by hot market

Date Published: 01/06/2021
Category: Member Benefits

Despite record low interest rates, affordability and supply issues appear to be dampening the overall mood of Australian homebuyers. That was the key finding from ME’s latest Quarterly Property Sentiment Report. Following record high sentiment during the first quarter of 2021, the overall sentiment of buyers and sellers in the residential property market dipped seven…

https://www.australianunions.org.au/2021/06/01/homebuyer-sentiment-burnt-by-hot-market/

What Does a Historic Bond Market Rout Mean for Investors?

Date Published: 01/06/2021
Category: Member Benefits

A Historic Bond Rout With COVID-19 challenging all aspects of our lives, everything is and feels historic. Against this backdrop, non-professional investors can be forgiven for missing the momentous events that took place in the bond market this first quarter (Q1) of 2021. In Q1 of this year, investors sold bonds and interest rates rose…

https://www.australianunions.org.au/2021/06/01/what-does-a-historic-bond-market-rout-mean-for-investors/

Member Benefits Update May 2021

Date Published: 05/05/2021
Category: Member Benefits

Greetings and welcome to the May edition of the Australian Unions Member Benefits update. This month, ME has signed the #IStandForRespect pledge, and we provide an update on the upcoming budget. We’ve also got an update on the gender super gap from Industry Super Australia and an update on the investment markets from PartnerVest.  We also…

https://www.australianunions.org.au/2021/05/05/member-benefts-update-may-2021/

COVID-19 and investment markets

Date Published: 05/05/2021
Category: Member Benefits

A year on from the start of the pandemic is a good time to reflect on what happened, and how investment markets reacted. As 2020 dawned Australia was coping with drought and fire. It sometimes feels like a lifetime ago, but it was just over a year ago that we all saw footage of beach…

https://www.australianunions.org.au/2021/05/05/covid-19-and-investment-markets/