Wealth

Q+A: After last week’s Budget, I am now weighing up my options on whether I should sell an investment unit. Can I park the proceeds in super to dodge the tax blow?

New income tax rates that take effect in six weeks mean it’s time for many superannuation members to revisit their voluntary contribution levels, or risk wasting up to $3400 in unnecessary tax.

If you’re involved in a family trust, special tax concessions announced by Treasurer Jim Chalmers last week mean now might be the time to rearrange your affairs.

The largest single amount waiting to be banked is $1.3 million.

The Reserve Bank has delivered a third straight rate hike but experts warn the real mortgage pain has not yet begun for struggling households.

For borrowers, the question is not simply whether rates will rise again, but if paying for certainty now is worth the risk of being locked in later.

If you’re single and feel worse off financially than your coupled-up friends, you’re not wrong.

Cash is king, at least for today as a mass demonstration of support for physical currency plays out at ATMs and bank branches across Australia. 

DAVID KOCH: While we can’t control global oil markets or volatile price cycles, we can take some practical steps to ease the financial squeeze.

We all tackle money matters differently — avid savers, big spenders, or something in the middle. But most of us can be placed in one of three categories. So, which type are you?

The use of superannuation to quash or minimise capital gains tax is a popular strategy, but few proponents spell out the many tricks and traps that you need to be aware of.

Q+A: You’re a pensioner who wants to help your son buy a bigger house. Do you gift him $100,000 or call it a loan? One of those could put you in a far worse financial position. But there is a work-around.

How to make sure your superannuation savings go to your kids when you shuffle off and don’t end up in the pockets of the taxman? Here’s your no-nonsense guide to the recontribution strategy.

New ‘payday super’ laws take effect on July 1. But there’s a few traps for workers who pay to retire on June 30 but also want to max out their nest egg contributions.

YOUR MONEY: Your super balance is growing. So why does retirement feel further away? When the blueprint keeps changing, even disciplined, long-term savers can feel like they’re building on shifting ground.