Inflation at 7.8%. Reserve Bank raising interest rates ten times in a row - despite saying it wouldn't raise them before 2024. Petrol prices up. And despite a lack of professional skills in some areas, continued disruption in the job market especially ...
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Taxes are going up for superannuation balances above $3 million from July 1, 2025. The extra 15% tax on investment earnings impacts 80,000 Australians or 0.5% of savers with large, multimillion-dollar superannuation balances. It takes the concessional ...
As ever-increasing living costs continue to hit household budgets, it's essential to get a sense of your incomings, outgoings and overall financial position. While banking apps have come a long way in providing transaction and spending insights ...
Basketball legend gifts $US10 million to sick kids, cost of health cover to jump 2.9%, and new house construction slows to lowest level in a decade. Here are five things you may have missed this week. MJ slam dunks $US10 million into kids' charity ...
Dear Paul, We are 38 and 37 with two young children (seven and three). After the recent sale of an investment property, we have a $78,000 mortgage on our fully renovated primary residence worth about $750,000. We have $110,000 invested in shares and ...
Whether it's paying school or university fees, preparing for an international holiday or even purchasing a property in another country, Australians rely on being able to send and receive money overseas. In the past 12 months alone one in seven Australians ...
It makes sense to talk to your children about money, particularly with rising cost-of-living pressures. But it can be a complicated and emotional topic. Around half of parents don't speak about money with their kids, according to the CommBank Household ...
It's a new calendar year and, for many Australians, possibly a new business venture. There are plenty of boxes to tick before you can start trading, such as finalising your business planning, settling on a trading structure, getting an ABN, finding ...
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...
Dear Paul, We own our hobby farm valued at about $1.2 million and owe $340,000 on an investment property that is in a beach-side town and rented out as an Airbnb. It is valued at about $450,000. We have $300,000 in combined superannuation at ages 47 ...
