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Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 17 July 2026 with 2CC’s Leon Delaney. The topic is: Transition to retirement. In this episode Luke takes a look at the transition to retirement strategy. It’s a strategy that can be used in a variety of different ways […]
Like so many debates in this country, another one has restarted, this time around Superannuation. Some economists have taken to their calculators and looked at who earns what in retirement. 9% of over 65s are earning more than $100k a year. 3.6% are earning more than $150k a year. A smidge over 2% are earning more than $180k a year. Now that's almost 15% earning at least a six-figure salary, which I was pleasantly surprised about given the general Super debate is predicated on the idea everyone in retirement can't make ends meet, are cold because they haven't got a heater, and generally aren't eating properly because lamb chops are beyond the budget. Anyway, upon crunching these numbers said economists asked: why don't we means-test Super? They are of the camp Super is not affordable. That is still in some doubt, and while it is in some doubt, we haven't been able to get past the first hurdle and the first hurdle is: why don't we raise the retirement age? Close followers of this increasingly laborious debate will have noted we can't even get any sort of agreement on age, so why you would raise a means test is beyond me. Age at least doesn't change the fundamental underpinnings of Super i.e. it's an entitlement and age is the sole trigger. Means-testing puts it into a whole new category, and the category would be called a benefit. Age becomes secondary to your means. "Welcome to your golden years. Oh, you're rich? Well, nothing for you". But what about my contribution to the tax base and the state of the nation? "Oh yes, they were old rules that only counts if you're broke". If you ever opened that Pandora's box, you may as well do away with Super altogether. Because once you turn it into a benefit you may as well call it Jobseeker – you're simply 68-years-old and unemployed. When in the modern age, given the reason for upping the age of entitlement is partially based on the idea that people live and work longer, are you actually no longer working? If 65 is too young to retire, when is a good age? That's another debate that will go nowhere. There should be a new rule: don't start new debates until old ones are settled. And given we are still at 65-years-old after literally decades of going nowhere, then means-testing Super is wasting our time. See omnystudio.com/listener for privacy information.
Super Consumer Australia CEO Xavier O'Halloran has called on the government to do more about superannuation after they found customers were being let down.See omnystudio.com/listener for privacy information.
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 10 July 2026 with 2CC’s Leon Delaney. The topic is: Personal Super Contributions and the Notice of Intent Form. In this episode Luke takes a look at the trap many fail to miss as people commence their tax returns […]
Which is better in the long run- adding extra cash to super? OR to your own portfolio instead? Jess wants to know.Jess' Superannuation balance is smaller than it should be, for her age. As those who've followed her investing journey will know, deciding what to about it- has been tricky for her.And she's not alone. Community member Matt also wants to know the benefits of over putting extra cash in super over in the market himself.So Julie Bullen, Financial Advisor at Fox & Hare joins the show to run the numbers. Can she convince Jess that she'll be rewarded in the long run for investing in Super now?Chapters:00:00:00 Why Where You Invest Matters00:01:12 Matt's Question00:02:30 Super Is A Structure, Not A Product00:05:00 Jess's Super Balance Reality Check00:06:30 The Case For Contributing To Super00:08:34 Breaking Down Jess's Money Split00:10:00 First Home Super Saver Scheme00:12:30 The Real Numbers On $500 A Month00:15:00 Flexibility Vs Two Buckets00:16:34 Can The Government Change The Rules?00:17:57 What the CGT Changes Mean00:19:32 Julie's Own Super Story00:21:30 Jess's Final Projected Numbers00:23:54 Start Small And Start NowLinks mentioned in this episode:
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 3 July 2026 with 2CC’s Leon Delaney. The topic is: Setting new financial year priorities. In this episode Luke takes a deep dive into setting some goals now that 30 June is behind us. What could you be thinking […]
Regular co-host Jonathan Gadir encounters a heated debate on the AusFinance subreddit about the merits of Australia's superannuation system, something Cameron often raises. Also, we comment on the emergence of culture within subreddits and respond to some of the comments on Reddit about Cameron's work. The rise of Pauline Hanson and One Nation becomes somehow relevant to the whole conversation too!Enjoy this chat and leave a comment with your thoughts. Starting next week at FET is a four-part analysis that I hope will become a reference point for understanding key concepts related to housing production. * Why a feasible change of use is different from commercial feasibility* How prices determine the cost of building new homes via choices of density and quality* Housing supply is not new housing production* Why landbanking is a normal market outcome of balancing present and future housingAs always, please like, share, comment, and subscribe. Thanks for your support. You can find Fresh Economic Thinking on YouTube, Spotify, and Apple Podcasts.Theme: Happy Swing by Serge Quadrado Music—Creative Commons Licence CC BY-NC 4.0 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.fresheconomicthinking.com/subscribe
The numbers don't lie: The ASX did 3 per cent over the 12 months to June, and the S&P 500 did 20 per cent. Unless - like a big super fund - you had half your portfolio invested offshore, the chances are you underperformed in FY2026. Marc Jocum, investment strategist at GlobalX ETFs, joins Associate Editor, James Kirby in this episode. In today's show, we cover: * Wall Street smashes the ASX...again Why Big Super funds probably beat your SMSF Which ETFs investors are buying for the year ahead What the hell happened at CSL? See omnystudio.com/listener for privacy information.
When you separate, there are some practical things that feel urgent - parenting arrangements, property settlement, bank accounts, where everyone is going to live. But there is another part of separation that many people overlook. Your estate planning. I'm joined by Mike Poynter, Principal Lawyer at MCP Legal, a partner firm of Simple Separation, to talk about the four key documents you need to review when you separate: your will, superannuation death benefit nominations, life insurance, and enduring powers of attorney. Because here's the thing most people do not realise: if you separate and do nothing, your existing documents may still point to your former partner. And if you do not have a will at all, the law may still treat your spouse as the first person entitled to your estate until you are legally divorced. Mike explains what estate planning actually means, the difference between being separated, divorced, married or de facto, and why it is so important to understand what happens to your assets, superannuation and decision-making powers if something happens to you. This is not about fear. It is about making informed choices. In this episode, we discuss: • What estate planning actually means • Why your will matters after separation • The difference between an executor, trustee and beneficiary • What happens if you separate but do not update your will • The difference between married and de facto couples after separation • Why divorce can change your estate planning position • What happens if you die without a will • Superannuation binding death benefit nominations • Why your super nomination can override your will • Life insurance inside and outside of super • Enduring powers of attorney and medical decision-making • Advanced care directives • Why backup decision-makers matter • The one simple estate planning step you can take today Key takeaway: Separation changes your life, but it does not automatically change every legal document connected to your life. Your will, superannuation nomination, life insurance and enduring power of attorney may still name your former partner unless you take steps to review them. You may not need to change everything immediately, but you do need to know where you stand. Let's Keep the Conversation Going: Visit Divorce and Separation Hub to explore expert resources, courses, and programs tailored to your needs. Share your questions or comments you're not alone in this. Host: Nikki Parkinson, TEDx Speaker, Divorce Doula, Coach and Founder of The Divorce and Separation Hub. The Divorce and Separation Hub Website The Divorce and Separation Hub Instagram The Divorce and Separation Hub Facebook The Divorce and Separation Hub Linkedin Join our Divorce and Separation community HERE. Watch Nikki's TEDx Talk HERE. Guest: Mike Poynter, Principal Lawyer at MCP Legal Website Instagram Loved This Episode? Support the podcast by subscribing, leaving a five-star review, and sharing it with someone who could use a little extra support right now. This podcast's audio production crafted by Dan at dankingproductions.com.au. This episode is sponsored by Simple Separation, the smarter way to separate. Simple Separation is an online, fixed-fee service designed to help Australian couples finalise their divorce and separation respectfully, collaboratively, and without the stress of going to court. From property settlements and parenting plans to child support and divorce applications, everything you need is under one roof, saving you time, money, and unnecessary conflict. Book your free consultation today to find out if Simple Separation is right for your situation at simple-separation.com.au. Disclaimer I hope you enjoyed the podcast today. The information we discussed today was just that information only. It is not specific advice. If you take action following something you heard today, it is important to make sure you get professional advice about your unique situation before you proceed, whether that advice be legal, financial, accounting, medical or other advice. Please reach out to me if you have any questions or if there's another topic you'd like explored.
Self-managed super funds have been out of favour for a while. With low-cost industry funds, better online platforms and more compliance to deal with, plenty of Australians decided SMSFs were not worth the effort. So why is everyone talking about them again? In this episode, Paul looks at why recent tax changes could make superannuation even more important in Australia's wealth-building landscape, and why that has some people taking a fresh look at self-managed super. Not because SMSFs are suddenly right for everyone, but because when the rules around other wealth-building structures change, the way you hold and manage your retirement savings starts to matter more. In this episode: Why SMSFs are back on the radar What the tax changes could mean for wealth builders Why super may matter more than ever When control over your super starts to become more appealing The hidden trade-off that comes with running your own fund Why an SMSF is not the right move for everyone What to think about before deciding your current setup is no longer enough If you've dismissed self-managed super in the past, this episode gives you a reaason to revisit the question. FURTHER LISTENING: Find our playlist full of episodes about SMSFs and Superannuation here. WANT TO KNOW IF AN SMSF IS RIGHT FOR YOU?: At Guidance Financial Services, we can provide personalised advice on self-managed super, superannuation and investment strategy, based on your goals and circumstances. Book your appointment here. WANT TO STAY ACROSS WHAT'S MOVING THE MARKETS?: Subscribe to GainingCHOICE, our weekly email unpacking the key headlines and what to pay attention to. GOT A FINANCE QUESTION FOR PAUL?: Send it to paul@financialautonomy.com.au, and it could be featured in his Ask an Expert column each Sunday in The Age and Sydney Morning Herald. You can also find all our links here. General advice disclaimer
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 26 June 2026 with 2CC’s Leon Delaney. The topic is: Superannuation Changes from 1 July 2026. In this episode Luke takes a deep dive into the changes to super starting in the new financial year which is just around […]
National made its first major election year policy announcement this week. If elected, it would make KiwiSaver compulsory, including for those over 65 still working, automatically enroll babies and provide government contributions to those on parental leave. The suite of changes would cost more than a billion dollars over four years. New Zealand First said National had copied its own policy, and others are asking what the changes might mean for Superannuation.Go to this episode on rnz.co.nz for more details
The government has made sure that superannuation investors did not entirely escape the investment tax overhaul: Is it still the relative winner as parliament prepares to sign off the Budget? Adviser James Wrigley of First Financial joins associate editor James Kirby in the episode. In today's show, we cover: What you need to know about super post-Budget A way you can still borrow and use your SMSF to buy property Investment bonds get another leg up from the government New twist for new super tax See omnystudio.com/listener for privacy information.
Borrowing to buy a residential property in your SMSF is about to be taken away forever, but there is a window of 45 days from when this becomes law before the opportunity closes. If you want to find out how our buyers agency can help, you can book a complementary consult here
Chris Hipkins says he's not worried by his party's showing in Tuesday night's 1News poll, showing his party down 5 points at 30 percent. Speaking to Canterbury Mornings, the Leader of the Opposition said polls bounce around, but he's confident in the trends he sees in Labour's internal polling, showing them sitting in the "high thirties". "I never get particularly obsessed about one individual poll, but you do look at the trends of polls, and trends have been showing Labour's support" Hipkins was also asked his thoughts on the Opportunity Party's continued rise, what Labour knew about the failed $32 million Immigration NZ IT project, and his thoughts on the New Zealand Initiatives' report on ACC. LISTEN ABOVESee omnystudio.com/listener for privacy information.
FIRST WITH YESTERDAY'S NEWS (highlights from Wednesday on Newstalk ZB) Or Is This Just Cat Hat Cap Back-Chat?/Too Many Olds/Privacy Is Dead/Reality Is DeadSee omnystudio.com/listener for privacy information.
Labour leader Chris Hipkins joins Nick Mills on Wellington Mornings for his monthly chat. The latest One News Verian poll has the two major parties at the lowest combined result in 30 years, Hipkins says Kiwis are "disgruntled with the status quo". Hipkins and Mills discuss the rise of TOP, and if Labour would be willing to work with the growing party come election day. Also on the agenda is the lack of conversation around superannuation from the Labour party, what they want to see with Kiwi saver and why Labour will not means test with their new policies. LISTEN ABOVESee omnystudio.com/listener for privacy information.
So let's talk about that weird interview yesterday. No not the one with Winston Peters, the one with Chris Hipkins. He has planted Labour in an almost impossible-to-justify position on NZ Super. On Ryan Bridge Today yesterday he said Labour will not change the age of entitlement. Will not means-test. Will not cut it. Will keep it in full indefinitely. We currently have around four people working to support every pensioner. That will be two workers for every pensioner within the next 10-20 years. Anyone with half a brain can see it's not sustainable, in full, forever. I recall following Phil Goff on the campaign trail in 2011 (hospital pass). He was all about 'making the hard decisions for tomorrow, today'. Well Chippy is running from that motto quicker than Usain Bolt in a pair of Nikes. What he's doing here is making a pretty blunt political assessment: this will win us some working class votes and keep us competitive with Winston and National. He's going after labourers who can't wait till 65 to retire, let alone 67. He's going after low-wage workers who can barely afford groceries, let alone an extra 3.5% on compulsory KiwiSaver. You could argue that's smart politics. Pick a point of difference. Hammer it home. The risk is massive though. Labour's biggest Achilles' heel is taxes. Telling people you'll keep an unaffordable, expensive, universal programme forever will leave them wondering who's going to pay for it. Who'll be taxed next. Once you add in the pay equity claims at up to $13 billion, the gaps start to look more like big black holes.See omnystudio.com/listener for privacy information.
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 19 June 2026 with 2CC’s Leon Delaney. The topic is: What is a testamentary trust and how does it benefit the next generation if something was to happen to you. In this episode Luke takes a deep dive into […]
A charity encouraging retired Kiwis who have the means to donate part or all of their superannuation support for their cause is growing, as the numbers of children living in material hardship increase. Last year, Share My Super pooled nearly $770,000 in donations from 3500 over 65s. The charity's chief executive Rachel Scott spoke to John Campbell.
The Opportunity Party says a property tax shake-up's front of mind. The Party needs 5% to break into the Beehive, and has been scoring between 3% and 6% in polls. The centrist party's proposing a blanket Land Value Tax, claiming it'll bring house prices down by up to 15%. Leader Qiulae Wong told Kerre Woodham they want land banking to become less attractive. She says it's about shifting the income tax burden on to land tax, so people can't just grow wealth from property. WATCH ABOVESee omnystudio.com/listener for privacy information.
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 12 June 2026. The topic is: Exchange Traded Fund (ETF) – Why could it be right investment for your portfolio? After you’ve set your goals and determined your risk profile, the next decision to make is what will you […]
Nick Jackson is the CEO and co-founder of Artist Partners, and collaborates with Andrew Mote, the Principal and Founder of Mote Advisors on analysing and advising superannuation funds on meeting their fiduciary responsibilities when it comes to their marketing investment. The explore the complexities of marketing within the Australian superannuation industry, focusing on regulatory scrutiny, measurement challenges, and strategic insights for marketers aiming to demonstrate member benefits and business outcomes. For a sector that manages more than $4.13 trillion in funds, making it one of the world's largest pension systems, and spending $482 million a year on marketing and sponsorship, this is an essential conversation to eavesdrop on. Listen on Apple: https://podcasts.apple.com/au/podcast/managing-marketing/id1018735190 Listen on Spotify: https://open.spotify.com/show/75mJ4Gt6MWzFWvmd3A64XW?si=a3b63c66ab6e4934 Listen on Stitcher: https://www.stitcher.com/show/managing-marketing Listen on Podbean: https://managingmarketing.podbean.com/ For more episodes of TrinityP3's Managing Marketing podcast, visit https://www.trinityp3.com/managing-marketing-podcasts/ Recorded on RiversideFM and edited, mixed and managed by JML Audio with thanks to Jared Lattouf.
如果希望退休后过上较为舒适的生活,仅关注退休金(Superannuation)的投资回报并不够,退休金储蓄和退休生活质量还受到其他重要因素的影响(点击播客,收听详情)。
ASIC Commissioner Simone Constant joined 3AW Breakfast hosts Ross and Russel.See omnystudio.com/listener for privacy information.
Tax time can add to the stress of small business. So, to help reduce that worry, this episode is devoted entirely to small business issues for tax time 2026. With high-level expertise from the ATO's Angela Allen, assistant commissioner responsible for small business experience, in the studio with CPA Australia's tax lead Jenny Wong, explore the most common tax issues affecting small business, and how you can stay compliant. In this episode, you'll gain valuable information on: The most common tax time mistakes made by small businesses Why accurate record keeping is still critical for compliance The ATO's key focus areas for small business audits and reviews How data matching is changing tax reporting and enforcement What businesses need to know about Payday Super changes How the instant asset write-off applies this financial year Why cashflow management is essential for meeting obligations The support tools and learning resources available for business owners How the ATO is addressing shadow economy activity and tax evasion Why early engagement with advisers and the ATO can prevent bigger problems Tune in now. Host: Jenny Wong, tax lead, CPA Australia Guest: Angela Allen, assistant commissioner at the ATO, responsible for small business experience For more, head to CPA Australia's tax time tools and resources page. And of course, you can head to the ATO website or you can download the ATO app. The ATO also has online services and you can go to the ATO website and search verify or report a scam or how to stay scam safe for more information. And you can phone the ATO on 1800 008 540. Loving this episode? Listen to more With Interest episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts And don't forget to click subscribe to the channel for a wide range of content that will help your career. CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting: With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au Chapters: 00:00 Cash Flow Pressure for Small Businesses and When to Contact the ATO 00:16 Tax Time 2026 Overview with Angela Allen, Australian Taxation Office 01:00 Common Small Business Tax Time Mistakes and Record‑Keeping Errors 02:06 ATO Record‑Keeping Tools: Recordkeeping Evaluation and myDeductions App 02:38 ATO Small Business Compliance Focus Areas for 2026 02:58 ATO Small Business Compliance Risks: Income Reporting, Employer Super Obligations, and Cash‑in‑Hand Payments 04:08 ATO Small Business Tax Time Toolkit and Online Learning Resources 05:27 Managing Cash Flow Stress and Early Engagement with the ATO 05:51 Tax Time 2026 Changes: TPAR Reporting and Pre‑Fill Data 06:37 Instant Asset Write‑Off Rules for Small Businesses 06:56 Payday Super Starting 1 July and Employer Readiness 07:18 Staying Compliant Year‑Round Using Digital Tax Tools 08:15 GST, PAYG Withholding, Superannuation, and Cash Flow Planning 09:05 ATO Priorities on the Shadow Economy and Cash‑in‑Hand Payments 10:26 Episode Wrap‑Up and CPA Australia Resources #taxtime #smallbusiness #smallbusinesstax #compliance #ATO
On average, women retire with 25% less superannuation than men, and one in ten have no super account at all. While you might assume this is purely down to career breaks, evidence shows the disparity starts much earlier - with females under 18 already trailing their male peers. What is really driving this, and what steps can women take to supercharge their savings? Gemma Dale, head of investor behaviour at NAB Trade joins associate editor James Kirby.See omnystudio.com/listener for privacy information.
Lost Superannuation தொலைந்து போன அல்லது இழந்த Superannuation என்றால் என்ன ? அதனை எவ்வாறு மீட்டெடுப்பது போன்ற பல கேள்விகளுக்கு பதில் தருகிறார் நிதித்துறையில் பல ஆண்டுகள் அனுபவம் கொண்ட பிரிஸ்பனை சேர்ந்த ராமநாதன் கருப்பையா அவர்கள். அவரோடு உரையாடுகிறார் செல்வி இன்பசேகரன்.
Nick Bruining, independent financial adviser, joins Nightlife regularly to talk about the ever-changing world of business and finance and what these changes mean for you.
Keeping NZ super as it is, is a strike against intergenerational equity according to the Finance Minister Nicola Willis. Winston Peter's has described her comments as a "sad point". There were no changes to the super scheme in the Budget. But the finance minister took the opportunity to raise serious concerns about the cost of the universal benefit. Nicola Willis said super costs are rising sharply with the bill going from $20 billion in 2020 to a forecast $30 billion in 2030. NZ First Leader Winston Peters spoke to Lisa Owen.
Nightlife delves into superannuation and estate planning, and how you can plan out your finances and end of life affairs with the use of trusts.
For decades, governments have spent billions in hidden tax concessions that largely favour the ultra-wealthy. How did they get there?
The federal budget has sparked plenty of investor anxiety, from negative gearing changes to capital gains tax and trust structures, but according to financial adviser Julie Bullen (Fox & Hare), most Australians shouldn't be tearing up their strategy. Julie joins Bryce and Ren to unpack what actually matters for everyday investors, when debt recycling is worth it and how to think about property versus shares.If you'd like to speak to Julie or anyone on our advice network head to https://equitymates.com/advice/In this episode: 00:00 – Why the budget changes aren't a reason to panic 02:38 – Negative gearing explained and what changes after the budget 07:32 – Should investors rethink property, trusts and growth assets? 12:48 – Lump sum investing vs dollar cost averaging 15:17 – Property vs shares: where would Julie put $1 million? 20:43 – Is debt recycling actually worth it? 23:45 – Superannuation strategy, consolidation and fees 28:23 – Managing money as couples, property structuring and planning for kids ———Want to get involved in the podcast? Record a voice note or send us a messageAnd come and join the conversation in the Equity Mates Facebook Discussion Group.———Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we've got you covered.Keep up with the news moving markets with our daily newsletter and podcast (Apple | Spotify)We're particularly excited to share our latest show: Basis PointsListen to the podcast (Apple | Spotify)Watch on YouTubeRead the monthly email———Looking for some of our favourite research tools?Download our free Basics of ETF handbookOr our free 4-step stock checklistFind company information on TIKRResearch reports from Good ResearchTrack your portfolio with Sharesight———Equity Mates Investing is a product of Equity Mates Media. Hosted on Acast. See acast.com/privacy for more information.
In this episode of Humans of Agriculture, Oli Le Lievre sits down with Julie Schofield, Executive Business Unit Leader of Private Business Services at Boyce, to unpack one of the biggest changes coming for employers in more than 30 years: Payday Super.From 1 July 2026, businesses will be required to pay superannuation at the same time employees are paid, rather than monthly or quarterly. While it may sound like a simple administrative change, Julie explains why this shift will have major implications for cash flow, payroll systems, onboarding, and business operations across regional Australia.Julie shares her own journey from growing up in Boorowa to building a career with Boyce, one of Australia's largest rural accounting firms, and reflects on the importance of mentorship, leadership, and supporting regional businesses through change.This conversation is practical, timely, and designed to help business owners, managers, and employers understand what Payday Super means and how to prepare before the legislation comes into effect.Key insights from the conversation:Payday super legislation coming in July 2026Impact on business cash flow and compliancePractical tips for businesses to prepare for new super payment rulesChapters:00:00 Introduction to the Episode and Main Topic01:07 Guest Introduction: Julie Schofield from Boyce02:16 Julie's Background and Career Path04:00 Overview of Boyce and Its Regional Presence06:12 Leadership Approach and Mentorship08:17 Client Portfolio and Travel Routine10:11 What is Payday Super and Why Now11:48 Impacts of Payday Super on Employees and Employers12:52 Practical Tips for Businesses to Prepare13:55 Changes in Behaviour and Cash Flow Management15:39 Data Verification and Compliance Measures16:30 Penalties for Non-Compliance and Enforcement17:02 Handling Super Payments for Different Pay Periods18:03 Questions from the Audience and Surprising Insights19:18 Tools and Software for Compliance20:16 Closing Remarks and Future Outlook
We are on a collision course with a massive 30 billion dollar problem. Duncan and economist Ed McKnight look at the uncomfortable truth about our retirement age and why it might have to hit 72 just to keep the lights on. They also discuss why no real change can happen while Winston Peters is in the room. Learn more about your ad choices. Visit megaphone.fm/adchoices
National has confirmed it will campaign on lifting the retirement age, with leader Christopher Luxon saying the current system is "unworkable and unaffordable." But any changes will need bipartisan support, and currently that isn't looking likely. Treasury's December forecasts estimated the annual cost of superannuation will hit $30 billion by the end of the decade, so if the age isn't changed, what can be done to make sure superannuation remains affordable? Miles Workman is a senior economist at ANZ, he chats to Jesse. [picture id="4JSJ8GV_matt_bennett_78hTqvjYMS4_unsplash_jpg" crop="16x10" layout="full"]
Why is it up to the Reserve Bank to control inflation with interest rates? Imagine if there were other tools that spread the pain to more people, not just those repaying a home loan. Perhaps the government could force workers to put more money into their superannuation accounts or move the GST up and down depending on the inflation rate. Today, independent economist Chris Richardson assesses the options. Featured: Chris Richardson, independent economist
It's hard to believe that superannuation is still a “thing”. The OECD report told us we need to bump the age. Nicola Willis told us Friday we have to do something. The Prime Minister then goes on Newstalk ZB and tells us they will campaign, again, on bumping up the age. We should not be here. In 1982 when I started work at the age of 16 it was very clearly in my mind that I had to sort my future financially, given the debate at the time was that superannuation is not affordable, and the state could not always be relied upon to be there for you. So if it was a debate in 1982, why is it still a debate in 2026, having achieved or solved nothing? The answer of course is because it has been political dynamite. No party really wants to risk losing votes over what has been seen as an entitlement. So first port of call, is it an entitlement or not? If it is, bump the age. There is no question that we live and work longer, therefore retirement is not what it was and it will continue to evolve. Or, my preference, make it a benefit. We see Labour's free doctor's policy as the money wasting joke it is. Why does a person like me on a good salary need a free doctor? I don't. Stop wasting money. So why not apply the same to retirement? Do you need it? If yes, you get some assistance. If no, then save the dollars for someone else. But some still argue it's the reward for a life's work. Is it? The reward for a life's work is money in the bank, some travel and no alarm. The country doesn't owe me anything. Equally, that farcical, old line about you having paid your taxes was never true. The taxes you paid have been spent every year. Almost every year we spend more than we earn. There are no savings, no surplus. Your taxes paid for healthcare and Government departments and roads and beneficiaries. Like so many of life's issues, when you complicate them and fiddle with them they remain unsolved. Kicking it down the road isn't a skill. It's a lack of backbone. At some point someone has to be honest enough to pull the pin. It's not 1968 and 65 years-old isn't old. This thing has been debated so long now it's become boring. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The age of retirement is back in the forefront of news this week after a report from the OECD recommended means testing the age of eligibility for NZ Super or risk an unsustainable rise in public debt. The agency says New Zealand's ageing population will continue to become a prevalent issue as the government tries to pull the economy out of the red. But some finance experts say we shouldn't be relying on the government to fund our retirements, and super should be treated as a bonus rather than a survivable income. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Finance Minister says the Government's going to have to do something about Superannuation. An OECD report warns if current policy settings continue, we could be spending 5% more of our GDP on health, long-term care, and pensions by 2060. Minister Nicola Willis says the cost for superannuation is going up billions of dollars, while there are fewer workers for every pensioner. She told Mike Hosking the cost is also rising as a proportion of taxes. Willis says it will soon account for 20%, and every dollar spent isn't available for education, health, and infrastructure. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Friday 8th of May, Finance Minister Nicola Willis discusses the OECD report on the future impact of our current Superannuation settings. NZR Chairman David Kirk answers questions about the new CEO, new President, and the economic state of rugby in this country. And on Wrapping the Week, Kate Hawkesby and Tim Wilson listen in as Mike calls a young fan with a special invite! Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
New Zealand's treading water, with a warning our increasingly overloaded pension system isn't sustainable. The latest OECD snapshot of our economy suggests unless we adjust systems, including the costs of health, long-term care and pension will increase by about five percent of GDP by 2060. It says it could be countered by changes including upping Superannuation contributions. Economist Cameron Bagrie says we can't keep kicking the can down the road - and that we need to address entitlements, through lifting the retirement age or means testing. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Nick Bruining, independent financial adviser, joins Nightlife regularly to talk about the ever-changing world of business and finance and what these changes mean for you.
SMAs are booming inside the financial advice sector: But if they are so terrific, then why is regulator ASIC asking so many probing questions around fees and conflicts of interest?Nathan Fradley of Fradley Advice joins Associate Editor, James Kirby in this episode. In today's show, we cover... The good, bad and potentially ugly side of the SMA boom Will SMSFs get a fair deal in the new Compo scheme of last resort Reward points and super funds- a marriage made in the marketing department Why are financial advice fees not coming down if AI cuts costs? See omnystudio.com/listener for privacy information.
T20 World Cup Daily, 2026, Super 8's, Day 17 – West Indies/Zimbabwe: It was a proud day for Zimbabwe as they landed in Mumbai to kick off their inaugural Super 8's campaign in the Men's T20 World Cup. It won't be a day that either their fans or India fans, for that matter, will remember fondly. Firdose Moonda joins Daniel Norcross. Support our show with a Nerd Pledge at patreon.com/thefinalword Get 15% off Step One Men's and Women's underwear. https://uk.stepone.life/discount/TFW148 CBUS Super - Build your something. Visit https://cbussuper.com.au to sort your Superannuation. Try the new Stomping Ground Final Word beer, or join Patreon to win a case: stompingground.beer Maurice Blackburn Lawyers - fighting for workers since 1919: mauriceblackburn.com.au Get your big NordVPN discount: nordvpn.com/tfw Get 10% off Glenn Maxwell's sunnies: t20vision.com/FINALWORD Find previous episodes at finalwordcricket.com Title track by Urthboy Learn more about your ad choices. Visit podcastchoices.com/adchoices
T20 World Cup Daily, 2026, Super 8's, Day 16 – India/South Africa, England/Sri Lanka: A capacity crowd in Ahmedabad were shocked to silence by a powerful South Africa, who provided a blueprint on how to overcome the tournament favourites. Earlier, England continued their stuttering march through the World Cup. Are they the best of the worst? Fidel Fernando joins Daniel Norcross. Support our show with a Nerd Pledge at patreon.com/thefinalword Get 15% off Step One Men's and Women's underwear. https://uk.stepone.life/discount/TFW148 CBUS Super - Build your something. Visit https://cbussuper.com.au to sort your Superannuation. Try the new Stomping Ground Final Word beer, or join Patreon to win a case: stompingground.beer Maurice Blackburn Lawyers - fighting for workers since 1919: mauriceblackburn.com.au Get your big NordVPN discount: nordvpn.com/tfw Get 10% off Glenn Maxwell's sunnies: t20vision.com/FINALWORD Find previous episodes at finalwordcricket.com Title track by Urthboy Learn more about your ad choices. Visit podcastchoices.com/adchoices
T20 World Cup Daily, 2026, Day 14 – Australia/Oman: Australia did as you might expect with their campaign officially over, obliterating Omar. But Adam and Bharat Sundaresan are also keen to explore the broader topic of the nation's weird relationship with T20 cricket. Onwards to the Super 8s! Support our show with a Nerd Pledge at patreon.com/thefinalword Get 15% off Step One Men's and Women's underwear. https://uk.stepone.life/discount/TFW148 CBUS Super - Build your something. Visit https://cbussuper.com.au to sort your Superannuation. Try the new Stomping Ground Final Word beer, or join Patreon to win a case: stompingground.beer Maurice Blackburn Lawyers - fighting for workers since 1919: mauriceblackburn.com.au Get your big NordVPN discount: nordvpn.com/tfw Get 10% off Glenn Maxwell's sunnies: t20vision.com/FINALWORD Find previous episodes at finalwordcricket.com Title track by Urthboy Learn more about your ad choices. Visit podcastchoices.com/adchoices