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BusinessThe mind-boggling record monthly sum paid to Aussie workers

Australians were paid a historic amount overall for the month of September, as wages growth and the number of hours people were working increased.

Cameron Micallef

Your MoneyCommentsPremiumBig changes coming to super as 2.5m prepare for golden years

The Federal Government is proposing a raft of changes for the nation’s $3.9 trillion superannuation industry, to prepare for the retirement of an estimated 2.5 million people over the next decade. 

Amy Bainbridge

EconomyPremiumForecast for highest level of business failures since COVID

Aussie businesses have been hit with a grim forecast for the year unless consumers change their spending habits.

Cameron Micallef

Your MoneyPremiumHESTA tops up 110,000 members in unlisted assets bungle

The Federal prudential watchdog has revealed defects in industry superannuation fund HESTA’s valuation processes as it was grappling with coronavirus market volatility in March 2020.

Neale Prior

BusinessYounger Aussies feel pinch, fear being Christmas Grinch

The generational spending gap is not going anywhere despite cheaper petrol, power and other essential items as younger people continue to tighten their belts.

Poppy Johnston

Your MoneyCommentsPremiumGive away cash and Centrelink can give you a merry Christmas

Part-pensioners with account-based pension funds might want to use the silly season to spread the wealth and share some of their recent gains ... and boost their pension.

Nick Bruining

Your MoneyCommentsPremiumSuper change a ticking tax bomb coming for young workers

Adding an extra 15 per cent tax to superannuation balances of more than $3m may not hit many Australians now but it should make today’s young workers very, very nervous.

Nick Bruining

Your MoneyCommentsPremiumTie the knot or buy a block? A modern love dilemma

With wedding costs and property prices continuing to soar every year, many couples are finding they have to choose one or the other because they just can’t afford both.

Chris Foster-Ramsay

DebtManCommentsWith Don in charge, is crypto now worth the gamble?

DEBTMAN: Crypto is riding a Trump wave of renewed optimism. But don’t forget, there have been plenty of people burned badly in the past. Here’s one way to test the waters without losing your shirt.

Bruce Brammall

Bruining Q+ACommentsPremiumHelp! My younger husband is draining my age pension!

Q+A: What happens if one half of a couple is eligible for an age pension but the other is still working? It’s not good news for the retiree, but there might be a way to ease the financial pain. Here’s how . . .

Nick Bruining

Personal FinanceCommentsAustralian wellbeing lifts as financial stress starts easing

Australians have reported a slight improvement in wellbeing as households become less concerned about their financial situation, according to a fresh bank survey.

Cheyanne Enciso

Personal FinanceCbus chair Wayne Swan takes 'complete responsibility' for payout mess

The Cbus chair, who's faced calls to resign after the superannuation fund delayed disability and death payments, says he will ensure it never happens again.

Staff Writers

BankingPremiumMajor bank slashes rates before Christmas, but there’s a catch

One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.

Cameron Micallef

Your MoneyCommentsCbus chief’s apology over shocking benefit payment delays

Kristian Fok has told a parliamentary inquiry that the giant industry fund is ‘committed to do better, and we will’.

Sean Smith

InsuranceClimate change fuelling insurance cost-of-living crunch

More than two-thirds of parents are worried about rising insurance costs pushed higher by climate change.

Poppy Johnston

Your MoneyCommentsPremiumToo hot to handle? Don’t hit the skids with private credit

The private credit market is booming, and just like a great performance car, it can be a worthwhile purchase. But it pays to keep your eyes on the road ahead.

Christian Golding

opinion
opinion
Your MoneyCommentsPremium
opinion
Who in their right mind would want to run a SMSF?

Almost all SMSFs I’ve seen have been set up on the advice of someone who stands to gain a pretty penny from their operation. Add to that the discipline and costs involved — and is it really worth the hassle?

Nick Bruining

Your MoneyCommentsPremiumThink you know how to run a SMSF? You don’t, and here’s why

Self-managed superannuation fund investors may be relying on luck rather than proven investment strategies to build their retirement nest eggs. Here’s where you’re probably going wrong.

Nick Bruining

Your MoneyCommentsPremiumRetirement’s a journey, it doesn’t need to be a destination

We spend our most productive years living in a “deferred state of happiness”, thinking we’ll get to it when we retire. Mini-breaks can re-energise lives and careers today, not 30 years from now.

Fran Hughes

Bruining Q+ACommentsPremiumDo I need to tell Centrelink every time I spend my money?

Q+A: There’s nothing better than enjoying your retirement with the odd getaway. But if you’re receiving an age pension, do you need to tell Centrelink every time you make a withdrawal to fund an adventure?

Nick Bruining

MoneyThe buck to stop with businesses over consumer scams

Scammers could find it harder to dupe Australians under legislation that paves the way for hefty fines for companies which fail to protect their customers.

Staff Writers

Your MoneyCommentsPremiumDon’t panic! Here’s how to supercharge super in your 50s

DEBTMAN: You’ve slogged it out but retirement is still a decade or more away. With the kids now older, you may be saving a bit more. Here’s how to put it to use and light a blazing fire under your nest egg.

Bruce Brammall

Your MoneyCommentsDo people really trust AI on financial decisions?

When it comes to investing and planning your financial future, are you more willing to trust a person or a computer? This isn’t a hypothetical question any more.

Gertjan Verdickt

Your MoneyCommentsPremiumPensioner with spare rooms? You can make some tax-free cash

Pensioners with large homes full of empty bedrooms may be able to top up their pension payments with tax-free income, while at the same time making new friends from overseas. 

Nick Bruining