Ballooning old-age costs are under the microscope. The cost of the age pension exceeds $41 billion a year and is expected to grow to $50 billion within four years. As the population ages and spends longer in retirement, the cost will keep growing. The ...
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Off-the-plan, pre-sold properties are under pressure on a number of fronts according to the Reserve Bank of Australia's Financial Stability report for October. First there are settlement risks on pre-sold apartments as a result of increased interest ...
Without alarming you, we have eight weeks before Christmas is upon us. The shopping malls start to become unbearably crowded and the car parks border on downright dangerous as we move closer to December. So why not take the stress out of shopping by ...
Last month I did an unusual thing (for me). I bought some shares. I know that should be normal for someone who watches the sharemarket every day but I've discovered I do not have the time to be a constant trader. The years have taught me that - as when ...
How can I buy shares for my kids? It's a question we get a lot at Money mag - how can I buy shares for my children or grandchildren? You might think it's a good idea to buy and register the shares in the child's name but many brokers don't ...
You will reap the benefits of the overhaul of Australia's financial system as the federal government responds to the Murray Financial System Inquiry. Here are 10 improvements to the financial system: 1. No more steep credit card fees of up to $30 per ...
Kogan's new data service was launched this week, promising customers the biggest bang for their buck. But how does Kogan compare to the juicy deals of other telcos? We crunched all the numbers to find you the cheapest deals on offer for your mobile ...
This week Money asks Morningstar where to invest and their pick is the Celeste Australian Small Companies. Objective Celeste Australian Small Companies provides exposure to a diversified portfolio of ASX-listed smaller companies. The objective is to ...
August's sharemarket rout will have left self-managed super fund investors feeling vindicated for stockpiling cash. SMSFs are often derided for being too defensive and holding too much of their savings in cash. Two surveys, conducted between November ...
Q. I am 49, earning $120,000; my wife is 55 and works part time, earning about $30,000, 50% of which is salary sacrificed. Our $600,000 property is fully owned. However, we have just redrawn $32,000 for a new car. This loan is fully offset and serviced ...
