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    Dylan Jones

    Super for housing could only work for the fastest movers: experts

    First home buyers struggling to save a deposit might welcome the Coalition’s promise to let borrowers tap their super for property, but economists say it will only push up house prices.

    • Updated
    • Lucy Dean
    The RBA may be actively choosing to tolerate hotter inflation to preserve employment.

    RBA caught in political spin

    Political considerations may explain the central bank’s unusual cheerleading of the federal budget.

    • Christopher Joye

    ‘Window of opportunity’ for graduates to score debt reprieve

    An accounting quirk means some graduates can escape the brunt of indexation, but only if they act fast.

    • Lucy Dean

    Higher living costs are eating into your super. Here’s what to do

    Retirees are vulnerable to inflation because higher living costs eat into carefully calibrated savings plans that do not benefit from the injection of regular wages. Here’s what to do.

    • Tom Richardson

    The $150b club: Record number of super rich

    The combined net worth of the world’s super-rich club is up 13 per cent this year to $3.3 trillion, according to the Bloomberg Billionaires Index.

    • Diana Li and Jack Witzig

    Why I’ve got more in my super than when I retired 11 years ago

    Choosing the right financial adviser can help set strategies, achieve goals and protect wealth. Here’s how to find the right one – and how much you should pay.

    • Duncan Hughes

    Wealthiest Australians

    Claire Morris founded Prezzee with Matt Hoggett.

    Prezzee co-founder quits Shaun Bonett-owned gift card company

    Claire Morris is leaving the group, and resigning as its brand ambassador. It follows a string of senior executive departures in the last 18 months.

    • Primrose Riordan
    Tim Gurner.

    Gurner-Roberts merger plan sinks

    A lack of “chemistry” between the two Rich List business leaders also hindered a merger of their development and construction businesses.

    • Michael Bleby and Larry Schlesinger

    For this Rich Lister, does the reality live up to the hype?

    Property mogul and entrepreneur Shaun Bonett has a fortune of more than $2 billion, according to the Rich List. Those valuations might not live up to the hype.

    • Primrose Riordan and Nick Bonyhady
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    More From Today

    Layla Anna moved back home with her mum due to a high cost of living, and wants help with her finances.

    I’m a Zillennial. Is financial advice worth it for me?

    At $4700, many young Australians would think twice about taking on a financial adviser. But are there instances when it’s worth it?

    • Lucy Dean

    How this Millennial plans to retire at 35

    Saving hard and opting out of the consumer lifestyle has helped these people retire decades before their parents did.

    • Bianca Hartge-Hazelman

    ‘I thought I had dementia’: How menopause crimps income and super

    Menopause costs women as much as $60,000 in retirement savings, according to ASFA.

    • Sian Powell

    Yesterday

    When we eventually sell the properties, how will the capital gains be calculated?

    Labor’s ‘double taxation’ in super may not be as steep as you think

    A 30 per cent tax rate is unlikely to ever apply to the entirety of annual earnings for people with balances above $3 million.

    • John Wasiliev
    Personal expenses that are only used by one partner – such as gym memberships or mobile phone plans – should be considered separately.

    My partner earns far more than me. Should we still split bills 50/50?

    One partner in the relationship earns $200,000, while the other earns much less. What’s the fairest way to divide their living expenses?

    • Penny Wise
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    This Month

    Macquarie wants to seize market share in the fast-growing exchange-traded fund (ETF) sector.

    Macquarie stokes ETF price war, slashes fees to 3 basis points

    Macquarie wants to shake up the asset management sector with ETFs charging management fees as low as 3 basis points.

    • Tom Richardson
    Emma Edwards says to watch out for lifestyle creep.

    ‘Don’t waste it’: Smart ways to spend your income tax cut

    Some workers will have an extra $350 a month from July 1. Don’t waste this “powerful” opportunity, experts say.

    • Michelle Bowes and Lucy Dean
    First time home buyer Joanne Kim says she wouldn’t have made it in without being able to live at home for years.

    Forget Boomers. Millennials, your next landlord could be a best mate

    For decades, Millennials and Generation Z have blamed Baby Boomers for locking them out of the housing market. But what happens when wealthy Boomers start to give their kids cash?

    • Lucy Dean
    Gladys Noszkowski is a Surfers Paradise retiree. The extension of a freeze on the deeming rate will mean retirees like her will keep more of their income.

    How 870,000 Australians avoided budget income sting

    The figure used to estimate how much retirees’ investments are earning will remain well below where it would otherwise be, easing fears of an “income cliff”.

    • Lucy Dean
    Harriet

    From babies to Boomers: what’s in the budget for you

    The 2024 federal budget includes power bill relief, more training places and additional rent assistance.

    • Joanna Mather and Lucy Dean
    A Russian hacker has been named as being responsible for the Medicare Private hack.

    Deepfake images lure investors to bogus stock clubs

    The ASX is among the latest to be exploited in frauds costing investors at least $25 million a week. Here’s how to spot a scam:

    • Updated
    • Duncan Hughes
    Assistant Treasurer and Minister for Financial Services Stephen Jones is consulting with industry about financial advice laws.

    Government still stumped by financial advice semantics

    The government will try to head off a semantic storm over the term “qualified advisers” by replacing the words with “product adviser”.

    • Joanna Mather
    How can Australia work towards a more balanced and sustainable rental housing market?

    Balancing affordability and profitability in Australia’s rental market

    Addressing affordability is crucial for both investors and tenants.

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    by Terri Scheer

    Australia’s major super funds have overlooked a valuable opportunity by not allocating more to gold.

    Why superannuation funds are wrong on gold

    Millions of Australians could be missing out on the benefits of gold because of a conflict of interest inherent in big super.

    • Chris Brycki
    Incorporating non-financial factors into long-term investment decision-making is good investing, not just ESG investing.

    No, ESG funds have not had their day

    Recalibration of ESG investing has been an excellent exercise in weeding out the greenwashers, bandwagon participants and naysayers. 

    • Amanda MacDonald
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    The potential tax hit is alarming wealthy super savers and forcing some to rethink their strategies.

    How the $3m super tax whack might hit property investors

    Plans to tax unrealised gains on super balances have investors considering options. Here’s what calculations show about the potential impact of the tax.

    • Duncan Hughes
    RBA governor Michele Bullock revealed “the board did discuss the option of raising interest rates”.

    RBA’s credibility at risk as central banks confront interference

    The contradictions in the Reserve Bank of Australia’s communications reveal policy conflicts that could erode its already embattled credibility.

    • Christopher Joye
    Outgoing NSW Building Commissioner David Chandler worked hard to improve the quality of apartment towers.

    Building commissioner’s parting warning for property developers

    David Chandler’s legacy includes an army of inspectors able to identify the developers most likely to produce suspect buildings.

    • Jimmy Thomson
    Emma Lo Russo with her children Eliza and Jack.

    Love or money? What to tell kids about career choice

    Do you tell them to do what they love or urge them to become a doctor, accountant or a lawyer because it will provide financial security?

    • Bianca Hartge-Hazelman
    A Senate Economics Committee interim report says borrowers should be able to access their super.

    Let first home buyers drain super for property: Senate committee

    First home buyers should be able to withdraw all their retirement savings to buy a house, a Coalition-dominated Senate committee has found.

    • Lucy Dean