Many older Australians are understandably eager to access their superannuation, but strict rules apply. For many Australians, superannuation will be their most significant source of long‑term savings. Yet, despite being a crucial part of the nation’s retirement income system since the introduction of compulsory super payments in the early 1990s,
Investors can employ diversification strategies beyond just asset allocation The concept of diversification, not putting all your eggs in one basket, as a means of reducing risk has been an enduring investment concept. But investors and the financial advice industry often focus solely on diversification across asset classes within a
Find out how the new Payday Super Regulations will impact SMSFs when Payday Super starts from 1 July 2026. With the Payday Super Regulations starting from 1 July 2026, take the time to see how the changes will impact your SMSF. Contribution allocations: a closer look SMSFs will still have up
Volatility is how the return on an asset fluctuates over time. Using the share market as an example, volatility is often measured by changes in the price of a share. When the market is volatile, prices can rise or fall a lot in a short time. These movements mean the
If you need help at home, the Australian Government provides a range of care services. Where to start The first thing to do is think about what you need. You might want to stay in your own home but need some help with domestic chores. Or you might be ready
Using publicly available, general-purpose artificial intelligence (AI) for money questions? Learn when it can help, and when you should get more information. If you’ve ever asked AI a money question, you’re not the only one. More Gen Z Australians (those born between around 1996 and 2010) are using AI tools
Retiring well means making a series of decisions to ensure a financially secure post-work life. One practical step is to work out the income you need each week to survive and thrive when you stop working. If you are one of the many Australians still working and growing your super,
There’s a particular kind of unease that creeps in when market headlines start mixing geopolitics with talk of oil prices and recessions. That feeling has been hard to avoid, as the escalating war in the Middle East spooked global markets and brought fresh uncertainty to an already fragile economic landscape.
Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be losing momentum. A recession is commonly defined as two consecutive quarters of negative economic growth.
If you have ever checked your super balance and wondered whether you are “behind” for your age, you aren’t alone. To see where you truly sit, you should ignore “averages”, which can be skewed by a small number of very large balances. Instead, we look at the median, which is
Entering the world of investing can be a life-changer for people of all ages. Here are seven simple steps for beginners to start their wealth journey. 1. Do a financial stocktake Before taking the leap into investing, evaluate your financial position. Assess your income, savings, living expenses and, perhaps most
Dealing with illness is often unexpected and stressful. Getting emotional and financial support can help you manage. Here, we explain how you could get additional support. Work out your medical costs Medicare When managing unexpected medical costs, take some time to find out what is covered by Medicare. If you
