Money
Super & retirement
Aged care may cost low-means residents more after interest rate cut
A July 1 cut in the government-set aged care interest rate means the maximum lump sum that low-means residents can pay will increase to a whopping $518,033
- by Rachel Lane
Latest
Opinion
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Hidden dangers in gifting property to children
There are other ways to help out without putting your name on the property title, so as to avoid Capital Gains Tax on transfer.
- by Noel Whittaker
Opinion
Budgeting
It's not too late to change your mind on COVID-19 relief
Whether you put your mortgage repayments on hold or grabbed a chunk of your super using the government's financial hardship provisions, it's still possible to reverse those actions if you don't need the cash.
- by Melissa Browne
Opinion
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Breaking down the fee structure of wrap accounts
If you insist on choosing your own investments, perhaps you should compare independently managed accounts versus wraps.
- by George Cochrane
Opinion
Australian economy
Australia still a lucky country but we also have to make our own
Our economy has been underpinned by the resources industry for two decades but it's time to broaden our economic base.
- by Alex Joiner
Opinion
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The importance of setting up a valid Enduring Power of Attorney
When writing your document, insert a special provision that authorises your attorney to withdraw funds from your superannuation only after obtaining financial advice.
- by Noel Whittaker
Superannuation
Pressure builds for more super fund mergers
Billions of dollars have been drained from the super system in recent months forcing fund trustees to have some frank conversations about whether a merger might be in the best interests of members.
- by Charlotte Grieve
Analysis
Superannuation
Raided super savings will take years to recover
Analysis shows it's a long, hard road for those who have raided their retirement savings during the COVID-19 crisis to get back to square one.
- by John Collett
Opinion
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Beware being too heavily invested in overvalued property
The rental property market is the weakest it has been in years.
- by George Cochrane
Opinion
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When it comes to inheritance, there's a gulf between separation and divorce
It's a highly specialised area requiring good legal advice.
- by Noel Whittaker
Opinion
SMSFs
Cash proves king for SMSFs in COVID-19 slump
SMSFs have often been derided for holding too much cash but the COVID-19 slump shows the value of the strategy
- by John Maroney