AustralianSuper has delivered its first negative return since the global financial crisis, with the country’s largest super fund going backwards 2.73 per cent during the 2022 financial year.
Danielle Le Messurier
As shoppers already squeezed by higher grocery bills wait on Australia’s next read on inflation at the end of July, could shocking news out of the UK offer a glimpse of our future?
With the labour market tightening rapidly and skills shortages emerging across the nation, now could be the time for employees to ask for a pay rise. Here’s how to get prepared and what to say.
Congratulations, you survived another financial year. Feeling a bit bloodied and bruised? Do yourself a favour. Put market noise and rising interest rates to one side, it’s time to get a little introspective.
I plan to retire at the end of next year and have switched all of my super to the conservative option that is within my fund. Was this the right thing to do?
WA small business owners face an uphill battle to navigate a raft of legislative changes that come into effect this new financial year, business consultants warn.
These are scary times, and your super balance will almost certainly have suffered. So let’s break down what’s been going on and, hopefully, you’ll be able to rest a little easier.
Australians are spending more with buy now, pay later services, but there’s a concerning trend in how they are paying them back.
The $450 superannuation income threshold payment will end on July 1, meaning that employees will get paid super, regardless of what they earn.
There’s fudging a few numbers to beat the taxman to save a few bucks, then there’s the claims so outlandishly out of bounds they even give an accountant a laugh. Here’s a few of the best (and worst).
While there are a raft of new rules kicking in from Thursday, playing with the existing superannuation rules in a clever way can save you thousands in tax and interest on your loans.
Saving habits have been embedded in me from a very young age, and so while I now have a mortgage and bills to pay, knowing how to prioritise means I don’t have to cut all the luxuries I used to enjoy.
‘A little over $300,000 was bequeathed to us. Should we invest the inheritance into a term deposit amid the current market volatility or put it in super and be a little less aggressive with our portfolio?’
A frustrated disability pensioner has called on the Federal Government and big four banks to provide better cyber security education, after a scammer swindled her out of $750 last month.
More than half of mortgagees surveyed in a consumer confidence poll says they will cut back on essential items like groceries, health care and fuel if interest rates go where they’re expected to.
Rebecca Le May
Confusion over compulsory superannuation has proved to be big business for the Australian Taxation Office’s superannuation complaints section.
Thousands of Australian workers are at risk of having some of their take-home pay reduced as a result of increases and other changes to compulsory super.
WA households struggling with the rising cost of living are hunkering down for a long cash-strapped winter, with new consumer spending figures showing a significant drop in discretionary purchases.
Card points proved the saviour when a blowout car service threatened to derail our German driving plans.
Don’t panic. Even if you think you’re watching thunderclouds raining on your impending retirement, I’m going to try to light you up a rainbow.
Preserving capital in volatile times gives investors the best possible platform from which to enjoy the eventual market bounce-backs. Here’s five way to make sure you don’t miss out.
I know there’s some perks to putting lump sum concessional contributions into super before June 30, but with the markets in turmoil is my money better in the bank?
One of the paper’s key findings is that the households with the most debt tend to have the highest buffers.
The collectibles market will deliver slower returns this year against the backdrop of rising inflation and higher interest rates, tipped to eat into appetite for some luxury items.
© West Australian Newspapers Limited 2022