Superannuation
Any marked growth in First Nations incomes in the workforce must be complemented by building financial literacy and institutions adapting to the unique needs of Indigenous communities, says Leah Benne...
Cook Islanders will be able to easily transfer their superannuation funds under an agreement with Australia as more Pacific island nations express interest in the reform.
The number of complaints made by First Nations people related to financial disputes has surged by 25 per cent in the last financial year, according to the Australian Financial Complaints Authority.
A major superannuation survey of generational cohorts has revealed cost-of-living pressures and longer life expectancy mean retiring comfortably may be a challenge for many.
Financial sectors and the federal government should alter current policies and legislation to ensure a level playing field for Indigenous people with superannuation and other insurance entitlements.
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