Almost $21 billion in superannuation remains lost and unclaimed, new data from the Australian Taxation Office (ATO) shows. Last year more than 540,000 active, lost and unclaimed super accounts worth more than $4.4 billion was consolidated using ATO ...
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The Financial and Materials sectors account for around half of Australia's market capitalisation; therefore, we can expect these sectors to influence the direction of the market when both of them are rising or falling. Given that both sectors were down ...
For the first time ever, Australia's household-debt-to-income has exceeded 190% after roughly tripling since the late 1980s. This means the average Australian household is holding debt that's almost double their disposable income. The fact is ...
Aussies are flying solo when it comes to their retirement finances, new research by the investment manager Franklin Templeton shows. While almost half of Australian retirees believe financial advisers are important, only 24% of them actually have one. ...
"Consolidation" has become the buzzword in the superannuation industry. For years it's been the go-to label for transferring fund members' super into a single fund. More recently, it's been used to describe the wave of mergers and joint ...
One of the biggest investment trends, known as environmental, social and governance (ESG) investing, is coming under pressure from the Coalition government. ESG investing is informed by specialist groups and the government is seeking to outlaw informative ...
Investors who trade international shares are likely to be familiar with the Chinese giant companies Baidu, Alibaba and Tencent - known as the BAT stocks. But there's one stock that may have slipped under the radar of many investors who seek exposure ...
Most people know they can earn big from bonus offers on points-earning credit cards and from shopping rewards like flybuys, where you can leverage petrol and grocery spending towards points. But there are plenty of other methods to earn points. From ...
Q. I am a 56-year-old engineer who has a $400,000 mortgage via an interest-only loan and $70,000 in credit card debt. My 49-year-old wife works part-time on $20,000pa and we have two children, six and eight. My credit card debt accumulated via repeated ...
Join us for Money magazine's annual Best of the Best awards. Enjoy a three-course lunch at The Establishment in George St, Sydney, meet Money chief commentator Paul Clitheroe, editor-in-chief Michelle Baltazar and managing editor Darren Snyder ...
