West Australians top the nation when it comes to plans to take full advantage of new higher super concessional contribution limits as more people keep a closer eye on their retirement savings.
Thousands of WA households are at least a month behind in their mortgage repayments, as analysts claim the full impact of the coronavirus lockdown is now starting to bite.
YOUR MONEY: The smashed avo generation is now dishing up finance tips to the kids. But what exactly are they telling them?
It’s estimated that by 2060, one in every three dollars paid out from superannuation will be part of a death benefit or inheritance. So, what’s the problem with that?
Dividend payouts from Australia’s biggest companies are expected to bounce back to pre-pandemic amounts in 2021, even as the nation grapples with a recent coronavirus resurgence.
Australians have been warned to polish up their internet, social media and mobile phone safety skills amid a worrying rise in investment scams.
Investors seeking growth in super were handsomely rewarded with 18 per cent-plus returns in a bumper year. SEE THE BEST-PERFORMING FUNDS.
If you were aged over 50 and wishing to retire in the next 10 years, making smart financial decisions today will ensure your retirement nest egg is robust enough to outlive you in the future.
The federal government is taking further action on a number of recommendations of the financial sector royal commission.
Shares in market darling Afterpay have nosedived as big name global brands jostle for pole position in the booming buy now, pay later sector.
Australia’s smallest super funds are being forced into survival mode as increased regulatory scrutiny on fees and investment performance makes mergers all the more likely.
Australians have been conned out of $139 million in this first six months of 2021, new figures reveal.
Despite everything you read about superannuation, the single biggest determinant of how your super fund performs is actually what it is invested in. And the past year proved it.
AustralianSuper believes it will be a monumental achievement if and when superannuation rises to 12 per cent, while Cbus has ambitions for 15 per cent.
‘In the past, a low ongoing rate trumped a cashback deal almost every time, but banks are increasingly offering both low rates and cash back, making the equation a lot more competitive.’
To save you from learning the hard way, here are five money lessons to set you up financially for your late 20s, 30s and beyond.
If you’re looking for inspiration for some new financial year resolutions, these should give your plan a good kickstart.
With just one sleep to go until the end of the financial year, your options for a last-minute tax deduction are limited, but still possible.
Deciding if self-employment is right for you depends on your personality, your financial situation and your ability to adapt. Here are a few tips from people who became their own bosses.
YOUR MONEY: As a group, we became half a trillion dollars richer between New Year’s Eve and the end of March. That’s $20,000 for every man, woman and child. So, where is your cash?
The latest raft of changes to super laws has made it even more critical for millions of Australians to check they have half-decent life insurance cover, particularly in dangerous occupations.
YOUR MONEY: Line up those ducks just right and a retired couple who tick all the boxes could contribute up to $1.46 million into superannuation in the next two weeks.
Those going it alone with their nest egg will now be able to lift the number of members in their self-managed super fund. But extra voices bring extra problems, experts warn.
YOUR MONEY: The last cog has been inserted into the 2021 retirement gearbox, allowing seniors to map out retirement strategies for the year ahead.
© West Australian Newspapers Limited 2020