Lost bank accounts earn decent interest but that's not a practical solution to the yield challenge The interest rate earned on "lost" bank accounts for the 2017-18 period was 2.13%. The average interest rate on a transaction account over the same ...
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Australians have had their first glimpse of the new $20 note ahead of its release into circulation in October. The redesigned note still bears the portraits of rural healthcare pioneer Reverend John Flynn, who founded the Royal Flying Doctor Service ...
Q. I'm 31 and my partner is 46. I earn about $82,000. After caring for our daughter for the past couple of years as a full-time dad, my partner has just started picking up some freelance work, earning about $200 a week. With another baby on the way ...
Retirees who plan ahead will be better equipped to ride out any shock To what extent should super funds prepare their members for a market correction and give them strategies to minimise the impact? During the GFC many people panicked and fled to the ...
Last year I went the whole year without buying clothes. My self-imposed ban included everything from shoes, underwear and accessories. Why? Well, firstly to save money and secondly (and perhaps more importantly) to do my bit for the environment by embracing ...
There is nothing like a headline about wills to get me frothing. And a headline late last year from research done by comparison site Finder certainly did that: "10 million Australians don't have a will" is pretty dramatic. This, by the way, does not ...
As home affordability remains a problem, more and more Australians may end up renting in retirement. That will mean they will need more money to fund their retirement. How much more? Well, according to research by the consultancy Milliman, a retiree ...
Q. I am a long-term subscriber. Love your work: it's very informative and provides timely information. We know the golden rules of wealth creation are: don't spend more than you earn; invest in shares; salary sacrifice; make non-concessional contributions ...
With property prices falling in Sydney and Melbourne but growing strongly in other parts of the country, and a sharemarket that has dropped sharply, this will be a tough year for investors. But there are still pockets of value. Property winners in 2018 ...
OK, here we go again. This is close to the 20th crack at my views on investing in the year ahead of us. Now that I think about it, 2019 will be Money magazine's 20th birthday - who would have thought a magazine about money would go for two decades! ...
