Higher wages and bills among changes to take effect
3 July
TOP CHANGES COMING INTO EFFECT ON OR AFTER JULY 1: PAYMENTS AND SUPER * About three million workers on the minimum and award wages will receive a 3.5 per cent pay rise following a decision by the Fair Work Commission * The superannuation guarantee...[Read More]
Pay penalties to be saved as workers score wage win
3 July
Workers on the minimum wage will get more money in a matter of days, as the employment minister pledges to enshrine workplace conditions. From the start of the financial year on Tuesday, workers on the minimum wage will get a 3.5 per cent pay lift,...[Read More]
Super funds spared billions after US axes ‘revenge tax’
3 July
Australian superannuation funds are breathing a sigh of relief after the US dropped a so-called “revenge tax” on foreign investors. The super industry had been ringing alarm bells over section 899 of President Donald Trump’s proposed “big...[Read More]
Starting the new financial year with intent: Tips for individuals and families
26 June
A new financial year presents the perfect opportunity to take stock, reset, and plan with purpose. Much like a new calendar year inspires resolutions, July 1 offers a financial “fresh start” to review your goals, refine your spending, and make...[Read More]
The fate of collectibles: treasures, memories, and the generational shift
26 June
Collecting is an act of love, one rooted in nostalgia, identity, and a desire to preserve the past. For many Baby Boomers, collections of antiques, vintage glassware, and memorabilia from the 1950s and 60s are not only cherished possessions but also...[Read More]
The importance of making a will
26 June
As we journey through life, planning for the future becomes increasingly important. Every adult has the right to control their affairs, whether managing finances or making healthcare decisions. However, as we age, factors such as illness,...[Read More]
Workers’ retirement nest eggs set for super boost
26 June
Australian workers can look forward to a bigger nest egg, with an increase to the superannuation guarantee to add tens of thousands of dollars to the average super account. From July 1, employers’ minimum required contribution to employees’...[Read More]
Surprise data shows inflation falling to four-year low
26 June
Inflation has fallen to a seven-month low, bolstering hopes of an imminent cut to interest rates. Data from the Australian Bureau of Statistics on Wednesday showed headline inflation fell from 2.4 per cent to 2.1 per cent in May. The monthly figures...[Read More]
Shop-around advice as cheapest supermarket revealed
26 June
Visiting more than one supermarket has proven to be the smartest approach for shoppers, as data shows prices for everyday essentials continue to vary widely. Data from consumer advocacy group Choice found that, even without specials, prices differed...[Read More]
Servos urged not to price gouge after oil price hike
25 June
Service station owners have been put on notice not to take advantage of customers due to volatile fuel prices caused by conflict in the Middle East. Treasurer Jim Chalmers has written to the Australian Competition and Consumer Commission calling for...[Read More]
Helping kids with living expenses through early training
19 June
There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest. Now, this can happen early during your child’s teenage years or...[Read More]
International destinations retirees should have on their bucket list
19 June
If you’re an Australian or British retiree, retirement is the perfect time to travel the world and explore the places you’ve always wanted to see. Travelling may lead to much more than just a relaxing vacation, too. Seeing the world in your 50s,...[Read More]
Australia slides down economic competitiveness rankings
19 June
Poor productivity and economic growth are dulling Australia’s competitive edge and sending it sliding down an international economic leaderboard. Australia fell five spots to 18th place in the latest World Competitiveness Yearbook report, released...[Read More]
Global doom and gloom sinks Aussie economic optimism
19 June
Tariffs and global conflict have knocked Australians’ optimism in the economy and trust in the US to 20-year lows, a long-running poll by an independent think tank shows. Since it began in 2005, the Lowy Institute Poll of Australians’ attitudes...[Read More]
ASIC puts super on notice over complaint ‘blind spots’
19 June
The corporate regulator has revealed the next steps in its push to fix systemic failings in the superannuation sector’s handling of death benefit payments. The Australian Securities and Investments Commission will examine how super trustees...[Read More]