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Regional Banks respond to FSI Interim Report

Four leading regional banks have responded to the Financial System Inquiry’s (FSI) Interim Report by highlighting areas of positive change that would improve financial services and level the playing field by addressing the regulatory, capital and funding anomalies that unfairly advantage Australia’s major banks.

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Living the Dream Media Release

Seven million working Australians are putting their immediate lifestyle and family dreams ahead of career and long-term financial goals.

Suncorp Life’s Living the Dream report found 9 out of 10 Australians have dreams, goals and plans for their lives, with many Australians desiring family, fun and happiness over power, wealth and fame.

While more than two thirds of Australians hope to retire before the age of 70, more than 3 out of 10 Australians do not plan for their retirement, leaving their dreams, goals and plans unfulfilled.

The report found that Gen Y dream the biggest for their retirement years, with 22 per cent believing they will retire before they reach 55.

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Living the Dream Report

Seven million working Australians are putting their immediate lifestyle and family dreams ahead of career and long-term financial goals.

Suncorp Life’s Living the Dream report found 9 out of 10 Australians have dreams, goals and plans for their lives, with many Australians desiring family, fun and happiness over power, wealth and fame.

The report found that Gen Y dream the biggest for their retirement years, with 22 per cent believing they will retire before they reach 55.

Ms Duncan said the results reflect a need for further education about retirement and the benefits of planning and saving for retirement from a young age.

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