Don't hold your breath, but extending compulsory super to 15% has long been a Labor ambition and is part of its policy platform. After the election, the financial services minister, Stephen Jones, indicated this was still on the longer-term agenda ...
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Superannuation fund members have been well served by low-cost default products, thanks to legislative oversight and competitive returns. But once members switch to retirement phase, they find they are on their own and face the daunting task of choosing ...
Discount retailer Kmart recently copped a serve on social media for covering pre-printed price tags with a sticker displaying a higher price. Not surprisingly, a few shoppers admitted to peeling off the sticker to score the cheaper price at the check-out. ...
Tax refunds average $2850 so far, Victoria knocks Tassie off economic perch, and CommBank helps customers track their eco-footprint. Here are five things you may have missed this week. Ready, set, lodge! It's game-on for tax refunds, with the Australian ...
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...
Australia is in the middle of rising interest rates and property prices have started to fall. For investors keen to protect their capital, now is not a prudent time to be overly concentrated or overweight in backing Australia's big banks, whose earnings ...
Personal wealth nudges $575,000, only one in two plan to claim tax breaks, and the door shuts on Volt. Here are five things you may have missed this week. Volt Bank asks customers to withdraw savings The arrivals of neobanks attracted considerable fanfare. ...
Try and cast your mind back to August last year. For plenty of people that will likely evoke unpleasant memories of COVID lockdowns, but on a Tuesday night in the middle of August, millions of Australians sat down to respond to the 2021 census. Well ...
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...
Interest rates have begun to rise, but that doesn't mean you have no control over the size of your repayments. There are plenty of ways to keep your repayments down - both now and for the future. The trick is to keep tabs on where your money goes and ...
