Recently, there was an alert about the ASIC Moneysmart website being impersonated. It’s part of a growing – and increasingly sophisticated – trend of scammers targeting reputable, high traffic websites. These days, websites can be very easily set up and look quite professional without much effort, thanks to templates. So,
How to search for unclaimed money Did you know that there is around $2.6 billion in lost shares, bank accounts and life insurance in Australia? Some of it could belong to you, and it’s free and easy to check using the unclaimed money search tool on the Australian Securities and
Sweeping reforms to aged care are set to begin on 1 November to help improve the quality, transparency and flexibility of care. With more care levels, clearer pricing, and greater control over how your funding is used, the new system aims to better match services to individual needs. Providers will
A simple guide for investors and pensioners Australia’s latest dividends stream was flowing strongly recently as many listed companies and exchange traded funds (ETFs) collectively paid out income returns directly to their investors. The bulk of those payments were the dividends that were declared in August during the latest company
When school holidays come along, there are plenty of cheap and cheerful things to do. Hanging out at home With some planning and creative thinking, there are ways to keep your kids busy at home. Art and craft Look around the house for things to use for art and craft
Risks of entering into a scheme An SMSF is a trust generally run for the sole purpose of providing retirement benefits to its members. Generally, it’s illegal for anyone to benefit from the SMSF outside this arrangement. Individuals are being targeted to start an SMSF for a range of inappropriate
The federal government has announced updates to its plan to reduce tax concessions on superannuation investment earnings for Australians with balances over $3 million. While the proposal is yet to be legislated, several key changes have been introduced. What’s changing? The revised proposal excludes unrealised capital gains, meaning only realised
Owning your home outright might feel like a far-off dream, especially if you’re grappling with cost-of-living increases – but with a few smart financial strategies, it could become a reality sooner than expected. Paying off your loan faster doesn’t have to mean overhauling your lifestyle or making huge sacrifices. In
How much super should I have is a common question. But when it comes to how much super (or other savings) you’ll need for retirement there’s no single right number – because everyone’s retirement looks different. It depends what your big costs are likely to be, and what sort of
Low interest rates have intensified the search for higher income returns Noted in a recent article, Australian households are now holding record amounts of cash. Reserve Bank data shows the weighted average interest rate being paid on term deposit amounts up to $10,000 held in authorised deposit-taking institutions (ADI) such
What the end to the deeming freeze means for Age Pensioners If you receive the Age Pension, changes that came into effect on 20 September could affect your payments. Deeming rates used by the government to estimate the income pensioners earn from savings and investments have been frozen since May
When you think about the markets, do you see promise or peril? Are you the type to believe the glass is half-full, or do you focus on the half that is not there? Your investing outlook can shape your decisions, influence your risk tolerance, and impact your long-term results. But
