Wealth

Elon Musk is on track to become the world’s first trillionaire by 2027, according to a report from Informa Connect Academy.

CNBC

Billionaire wealth surges to ‘unimaginable’ levels

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, according to Oxfam’s latest annual inequality report.

Updated

20 Jan 2025

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There will be at least five trillionaires worldwide within a decade, a report predicts.

Business

Theresa Münc

Wealth of billionaires growing ever faster as more go hungry

A new report has revealed the gobsmacking amount a single billionaire increases their wealth by, on average, every day.

updated

Max Corstorphan

Bank shocks customers with branch closures across Australia

A major bank has made the ‘difficult decision’ to close a string of branches across the country, further increasing the challenge for Aussies to access a bank in person.

Updated

20 Jan 2025

Radical proposal for lifetime superannuation pensions

‘Massive inheritance scheme’: A report has called for retirees to be able to buy a lifetime pension from the federal government to boost their super balance.

Jack Gramenz

Property dominates wealth, but stocks deliver safer returns

Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.

CNBC

The costly financial mistake everyone under 30 is making

If you made a New Year’s resolution to get richer, here are the simple steps to get you there.

updated

Ben McClellan

Russell Crowe says Souths NRL reports are “bulls***’

Hollywood superstar Russell Crowe says reports he is looking to offload his stake in the South Sydney Rabbitohs NRL franchise are ‘bulls***’.

Neale Prior

Super advice for risk-takers amid share market boom

Growth-focused superannuation funds are set to post returns averaging about 14 per cent for 2024 thanks to a bumper year for share markets in Australia and overseas.

Poppy Johnston

Power bills: Consumer watchdog issues advice for households in 2025

The consumer watchdog has issued advice for households hoping to shave dollars off their power bills in 2025.

CNBC

Toxic money problems trace back to your childhood

Your relationship with money might seem random, but one expert says it offers clues about your childhood — and understanding this could help overcome toxic spending habits.

Video

Digital Staff

Millions of Australians have just days to claim up to $1750

Australians are running the risk of leaving thousands of dollars of benefits on the table when the calendar ticks over to 2025.

How to figure out if your super fund is performing well

Bombarded by quirky and colourful ads, it’s easy to think the grass is greener on the other side of the super fence. But before you switch, here’s the proper way to put a fund’s performance to the test.

Updated

16 Dec 2024

Here are my 12 tips for surviving Christmas financially

DAVID KOCH: It’s meant to be the season of joy, but for many Christmas can become a financial nightmare. It’s a time when spending can easily careen out of control.

Updated

12 Dec 2024