AAP
Treasurer moves to fix ‘widow’s tax’ after backlash
6 August
The government is moving to fix its so-called “widow’s tax” following criticism its tax reforms denied Australians who inherited an investment property from their partner access to negative gearing concessions. The fix is part of a raft of the...[Read More]
Labor backs super boost for youngest Aussie workers
30 July
Labor has backed superannuation payments for Australia’s youngest workers, regardless of the number of hours they work. The party says it will “ensure that all workers, including those under 18 and regardless of how they are engaged, can...[Read More]
Shoddy bank record-keeping hits savers as scammers lurk
30 July
Systemic shoddy record-keeping at big banks is risking the savings of Australians trying to benefit from a safe investment strategy. The financial regulator issued the warning around mortgage offset accounts, which are marketed to borrowers as a way...[Read More]
Young investors bet the house on dialling up their risk
23 July
Lofty stock valuations and the biggest investment tax shake-up in decades don’t appear to be impacting the risk appetite of young Australians, according to investing platforms. This cohort is increasingly turning to investing to save for their...[Read More]
How first-time homebuyers can save $8,500 in taxes
16 July
First-time homebuyers are missing out on thousands of dollars by not using a little-known scheme that helps save them money for the deposit. The First Home Super Saver Scheme lets them take advantage of their superannuation account’s favourable...[Read More]
Energy rollercoaster: Australian bills to fall and rise
16 July
Solar panels, wind farms and cheaper batteries will help to cut Australian electricity bills in the coming years, even as the artificial intelligence boom pushes up the price of gas technology. But energy prices will rise after 2030, a study has...[Read More]