Separation or divorce can bring emotional and financial change. Super is often overlooked at this time, but it can be one of the most significant assets to understand when dividing property and planning for the future. Separation or divorce can turn your world upside down. There’s the emotional fallout, the
There is something deeply hopeful about the fact that we are living longer than previous generations. Advances in medicine, safer living conditions and better healthcare have given many of us more time than our grandparents could have imagined. But alongside that good news is a quieter reality that deserves attention.
When growing up, many kids earned pocket money by babysitting, mowing lawns, walking dogs or washing cars for their neighbours. Part-time jobs delivering local papers or circulars (junk mail) were also popular. At home, some kids got a weekly allowance in cash that increased slightly each year. Others didn’t –
Family trusts have long been a popular structure for managing business income, investments and succession planning. However, a major change is proposed from 1 July 2028, with the Federal Government planning to introduce a 30 per cent minimum tax on discretionary trust income and reduce some of the tax advantages
Retirement can be a time when people may try to take advantage of your trust. Protect your money from people you know Elder financial abuse Elder financial abuse is a form of financial abuse and a serious problem in Australia. Many older Australians can be at greater risk of elder
Diversification is an investment management strategy that reduces the impact of some of your investments performing poorly. What is diversification When it comes to investing your money, diversification means spreading your money across a number of different investments, to reduce the overall volatility of your portfolio. For example, you can
Learn what compound interest is and how it can be used to grow your savings. Understanding compound interest Compound interest is where you earn interest on both your initial deposit and on the interest that you’ve already earned, making the total invested at the end of each term greater than
If someone close to you has died, you may be able to claim a super death benefit. What is a super death benefit? A super death benefit is money paid from someone’s super after they die. It may be paid to an eligible beneficiary (or beneficiaries) or to the person’s
Key takeaways Australia is no longer just a China proxy – demand for its resources is increasingly being driven by global themes including AI infrastructure, energy transition, defence spending and supply-chain security. Structural scarcity is replacing cyclical commodity dynamics – years of underinvestment in mining, combined with rising demand
Key Points Bond yields are being pushed higher by concerns about inflation, high public debt, rising corporate borrowing, rising Japanese bond yields and increasing economic uncertainty. This is part of a super cycle rise in bond yields that started in 2020, partly reversing the super cycle from the 1980s. The
Most super funds offer insurance through super, including life, TPD, and income protection. Types of life insurance in super Most super funds (except self-managed super funds) offer 3 types of insurance to members: Life cover (also called death cover) pays a lump sum or income stream to your beneficiaries. It
AI may change jobs, but history suggests mass job losses are unlikely Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good. The effect of automated teller machines (ATMs) on the bank teller profession reveals a more nuanced reality. When
