Pension risk in dipping into super for home: report

A 35-year-old taking out $100,000 now could later cost the government $92,000.Picture: WA News Allowing first-homebuyers to draw on their superannuation for a deposit could end up costing the Federal Government $92,000 per person in additional future pension costs, a new report warns. Consulting firm Rice Warner says that letting a 35-year-old take $100,000 out of their super could result ...

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Warning bulls missed signs in great US growth hope

The Australian sharemarket pared early gains but finished in the black as bargain hunters moved in on the major banks and commodity prices supported miners. The S&P/ASX 200 index climbed to a 0.5 per cent gain but dropped back to close up 13.8 points, or 0.24 per cent, at 5799.6 on volume 18 per cent below average as the index ...

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Peak farm bodies welcome election result

Pastoralists and Graziers Association president Tony Seabrook.Picture: Countryman The State’s peak farm lobby groups have both welcomed Labor’s win. WAFarmers president Tony York said WA Labor had performed reasonably well against the WAFarmers State Election Policy Platform which was demonstrated in the WAFarmers scorecard, released last week. Mr York said Labor must now deliver on its promises to make the ...

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Medical check-up: This week’s health news round-up

Your weekly round-up of news affecting your health… TOO MUCH SCREEN TIME INCREASES KIDS’ RISK OF DIABETES Three or more hours of screen time each day has been linked to several risk factors associated with the development of diabetes in children. These include body fat and insulin resistance. Researchers at St George’s University of London assessed a sample of nearly ...

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Lewis faces loss

Capel Shire Council president Murray Scott with fo9rmer Agriculture Minister Mark Lewis, who lost his Upper House seat last at last weekend’s State election. Pictured is the pair at the Boyanup Saleyards. Picture: Chloerissa Eadie. Outgoing agriculture minister Mark Lewis has lost his spot in the Upper House as Labor’s landslide leaves a trail of Liberal carnage. Political commentators are ...

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Western Australia on top after opening day of Sheffield Shield clash with NSW Blues

A dogged Cam Bancroft century has paved the way for WA to farewell retiring captain Adam Voges in the Sheffield Shield final next week. Voges was 48 not out last night in what could be his final innings at the WACA Ground as the inspired Warriors had the better of the opening day against a wayward NSW attack. Victoria will ...

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Lisa Scaffidi says she is the victim of a witch-hunt

Perth Lord Mayor Lisa Scaffidi says there is a ‘witch-hunt’ going on in the City of Perth Council. Perth Lord Mayor Lisa Scaffidi says there is a ‘witch-hunt’ going on in the City of Perth Council. Share on FacebookShare on TwitterShare via EmailCopy page link Click here to Read from the source

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Mark McGowan sworn in as WA premier

WA Premier-elect Mark McGowan arrives at the State’s swearing in ceremony with family.Picture: AAPIMAGE West Australian Labor leader Mark McGowan has been sworn in as the State’s 30th premier at Government House. Mr McGowan led Labor to a landslide election win over Colin Barnett’s Liberal government last weekend, claiming 41 seats in the 59-seat parliament. The new premier and his ...

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How veteran West Coast defender Sam Butler learnt to love the game again

The remaking — and ultimately, retaining — of West Coast defender Sam Butler is traceable directly to the most vulnerable moment of his 12 seasons in the game. Overlooked for all but one match in the first 12 rounds of coach Adam Simpson’s first season at the Eagles’ helm in 2014, Butler was convinced his career was finished. “In all ...

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Rex airlines planes loses propeller mid-flight

File photo.Picture: AAPIMAGE A Rex airlines 34-passenger SAAB 340 was involved in an emergency landing at Sydney Airport today after its right-hand propeller broke lose from the engine. The pilots made a mayday call about 16km from the airport and continued their landing touching down at at 12.05am local time. The Rex aircraft was operating Flight ZL768 from Albury. Rex ...

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