Wealth

Governments don’t set prices, but there's more to the story that Jim Chalmers is telling, writes David Koch.
Political
David Koch

Why Jim Chalmers’ cost-of-living claims are only partly true

DAVID KOCH: Federal Treasurer Jim Chalmers reckons the Albanese Government’s policies aren’t contributing to the cost-of-living crisis. Let’s fact check that statement.

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Treasurer Jim Chalmers has defended changes to Australia’s $230 billion Future Fund, saying it’s his job to “improve it”.
updated
Australia
Dan Jervis-Bardy and Nicola Smith

‘We need it’: Chalmers hits back at nest egg controversy

Treasurer Jim Chalmers has hit back at accusations that a planned overhaul of the $230 billion Future Fund will compromise the body’s independence or force it to underwrite pet government projects.

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Federal Treasurer Jim Chalmers
Politics
David Johns, Poppy Johnston and Jacob Shteyman

Treasurer insists he’s ‘modernising’ $230b Future Fund

Treasurer Jim Chalmers has defended changes to Australia’s $230 billion Future Fund, saying it’s his job to ‘improve it’.

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Australian Treasurer Jim Chalmers says the days of revenue windfalls in the Federal Budget are over.
updated
Australia
Dan Jervis-Bardy and Katina Curtis

Budget surplus days over as iron ore, jobs bite

Tumbling iron ore prices and a softening labour market has hit Federal coffers, leaving Treasurer Jim Chalmers with a ‘sliver’ of the revenue windfalls that have propped up his Budget bottom line.

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HESTA cut the value of unlisted investment options held by members creating their own investment mix using the fund’s Choice investments on March 20, 2020.
Wealth
Neale Prior

HESTA tops up 110,000 members in unlisted assets bungle

The Federal prudential watchdog has revealed defects in industry superannuation fund HESTA’s valuation processes as it was grappling with coronavirus market volatility in March 2020.

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Video
The house Alys McDonough was driven to live in due to cost of living.
Australia
Chris Reason, 7NEWS Chief Reporter

Cost-of-living crisis forces Aussie to Google desperate question

Alys McDonough hasn’t had a hot shower in almost two years. It was spiralling rents in Sydney and the cost-of-living crisis that forced her to turn to Google for help.

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Crypto is riding a Trump wave of renewed optimism. But don’t forget, there have been plenty of people burned badly in the past. Here’s one way to test the waters without losing your shirt.
Wealth
Bruce Brammall

With Don in charge, is crypto now worth the gamble?

DEBTMAN: Crypto is riding a Trump wave of renewed optimism. But don’t forget, there have been plenty of people burned badly in the past. Here’s one way to test the waters without losing your shirt.

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With wedding costs and property prices continuing to soar every year, many couples are finding they have to choose one or the other because they just can’t afford both.
Wealth
Chris Foster-Ramsay

Tie the knot or buy a block? A modern love dilemma

With wedding costs and property prices continuing to soar every year, many couples are finding they have to choose one or the other because they just can’t afford both.

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What happens if one half of a couple is eligible for an age pension but the other is still working? It’s not good news for the retiree, but there might be a way to ease the financial pain. Here’s how . . .
Wealth
Nick Bruining

Help! My younger husband is draining my age pension!

Q+A: What happens if one half of a couple is eligible for an age pension but the other is still working? It’s not good news for the retiree, but there might be a way to ease the financial pain. Here’s how . . .

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Here’s where you’re probably going wrong with your self-managed super fund, writes Nick Bruining.
Wealth
Nick Bruining

Think you know how to run a SMSF? You don’t, and here’s why

Self-managed superannuation fund investors may be relying on luck rather than proven investment strategies to build their retirement nest eggs. Here’s where you’re probably going wrong.

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If you’re receiving an age pension, do you need to tell Centrelink every time you make a withdrawal to fund an adventure?
Wealth
Nick Bruining

Do I need to tell Centrelink every time I spend my money?

There’s nothing better than enjoying your retirement with the odd getaway. But if you’re receiving an age pension, do you need to tell Centrelink every time you make a withdrawal to fund an adventure?

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National Australia Bank chief executive Andrew Irvine says the inability of businesses to pass on rising costs is becoming an increasing problem.
analysis
Wealth
Jackson Hewett

Cost of living: NAB paints grim tale of haves and have-nots

One of the big four bank’s annual results show a widening gap between those struggling with the cost-of-living crisis and a new group of ‘mass affluent’ customers.

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Reserve Bank Governor Michele Bullock and Treasurer Jim Chalmers are at loggerheads over the implications of spending on inflation.
Wealth
Ellen Ransley and Matthew McKenzie

RBA boss and Treasurer at loggerheads over inflation. Again

The Reserve Bank was forced to adjust its expectations due to ‘higher than expected’ Government spending, casting shadows around Jim Chalmers’ claim Labor was making progress in the fight against inflation.

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You’ve slogged it out but retirement is still a decade or more away. With the kids now older, you may be saving a bit more. Here’s how to put it to use and light a blazing fire under your nest egg.
Wealth
Bruce Brammall

The best ways to boost your super in your 50s

You’ve slogged it out but retirement is still a decade or more away. With the kids now older, you may be saving a bit more. Here’s how to put it to use and light a blazing fire under your nest egg.

Read more (4 min) →
The first pay agreements to be approved under the changes will include wage rises for more than 2000 cabin crew on airlines.
Wealth
Andrew Brown

Thousands of Aussie employees set for a pay rise from today

Some workers will receive pay increases of up to 28 per cent.

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