The government has earmarked a sum of $452 million to transform the aged care sector and improve conditions. But businesses in the sector still don’t know what to make of the announcement…
Making informed investment decisions to secure a comfortable retirement Understanding the impact your preservation age has on your retirement plans Ensuring financial longevity rather than short term returns. Following the launch of their ‘Don’t Die Poor’ campaign in late March, Melbourne-based financial advisory, Pekada, are determined to maintain this momentum with their recent insights into […]
By the age of retirement, the average working woman will have lost $160,000 in superannuation due to career breaks, according to REST Industry Super. To determine the financial impacts of career breaks on working Australians, the superannuation fund commissioned research, including a survey of 1030 men and women who had taken a career break of […]
If “location, location, location” is everything in real estate, then “preparation, preparation, preparation” is equally important when selling a small business. There are many reasons why a small business owner might decide to sell, but preparation is the one common ingredient that can make the difference between a sale and a fail. The single most […]
In its submission to the Tax Review, Industry Super Australia has forecast that close to 50 per cent of Aussies retiring from now to 2055 will not have the income necessary for a comfortable retirement.
An increase to the retirement age may herald good news for small and medium sized business owners as the government moves to raise the pension age to 70.
The future viability of small businesses is being risked as owners increasingly fail to recognise the value of an exit strategy.
As boomers approach retirement, more and more small business owners are looking to pass the reigns of leadership to the next buck, or in some instances sell the business altogether. “Many of our CEOs are baby boomers approaching retirement age,” says Kathleen Richardson-Mauro, co-author with Jane M. Johnson of “Cashing Out of Your Business”. “We’re […]
Older Australians are increasingly finding themselves in a new stage in their careers in the years between the end of their 50s and the beginning of retirement.
The end of the Second World War led to the start of the great Australian baby boom, when many of today’s leaders and business owners were born. Today, these same baby-boomer business owners and CEOs nearing retirement are faced with a burning issue – to whom should they hand over the reins?
