Trillions of dollars are set to be inherited over the next decade as part of a huge intergenerational wealth transfer. So what are the tax implications for those involved? This week on the Friends With Money podcast, Money's Tom Watson is joined ...
Is the Reserve Bank of Australia (RBA) about to spark a market shake-up? Next month, the RBA faces one of its most critical interest rate decisions in recent history. With inflation cooling and major banks like Westpac, ANZ, and CBA predicting a rate ...
Chinese startup DeepSeek sent markets into a frenzy this week with the launch of its new AI chatbot that rivals its US counterparts in performance for a fraction of the cost. The tech-heavy Nasdaq 100 index fell nearly 3% on Monday, with Nvidia alone ...
Sluggish wage growth sees one in two workers mull a second job, and the NSW government introduces new toll body after Sydney becomes the most tolled city on earth. Here are five things you may have missed this week. Wages growth only just outpaces inflation ...
The results are in, and Donald Trump is set to return to the White House. If it was any other country, Australians, some 15,000 kilometers away, wouldn't even bat an eye about an election in a far-off land. How many people down the pub are talking ...
Dear Paul, My two siblings have 30-year-old shares in one company which are meant to be split among the three of us. We would like to arrange this but are unsure what the best way forward would be. What would be the pros and cons of splitting the shares ...
With bills and mortgage repayments dominating households, more Australians are compromising their financial futures by not planning beyond their immediate concerns, according to new AMP research. AMP's latest Financial Wellness report reveals that ...
Putting away money for a home deposit or renovations? Some banks are giving savers rates of up to 6% p.a. on higher balances. $22,020. No, it's not the cost of a corporate box at this weekend's AFL grand final. Nor is it the price tag on a new ...
Proponents of artificial intelligence (AI) often tout productivity benefits that span virtually all industries and that will revolutionise how we define work while empowering employees through virtualisation and automation. Generative AI does have significant ...
When people enter aged care they have a choice: they can either pay for their room up-front by way of a Refundable Accommodation Deposit (RAD, formerly known as a bond) or they can part-pay the RAD (or not pay it at all) and, instead, pay interest on ...
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