Wealth

YOUR MONEY: A Taxation Office ruling should send a shiver down the spine of anyone who owns a holiday home, claims hefty deductions but, conveniently, only rents it out at certain times.

YOUR MONEY: Financial literacy isn’t just about numbers. It’s about building skills that will shape your child’s decisions. And the good news? You don’t need to be an expert to teach these simple lessons.

YOUR MONEY: Self-managed superannuation fund members (and their advisers) have been warned the taxman is coming to weed out bad behaviour, including illegal loans and early access to savings.

YOUR MONEY: A lift in deposit rates coupled with the ‘normalisation’ of Centrelink deeming rates will spell bad news for thousands of income-tested part-pensioners and Seniors Health Card holders.

YOUR MONEY: It seems that for the past few years, the latest buzz in the investment world is private markets. But what are they? Here’s where they fit with your portfolio and also where they don’t.

YOUR MONEY: Here’s everything you need to know about moving Mum or Dad into aged care — from knowing about how the fees and care system works right through to picking the best place for your loved one.

YOUR MONEY: WA teenagers will miss out on about $36m in superannuation contributions this year because of an outdated law, prompting fresh calls to scrap the legal carve-out for under-18s.

The probable increases to superannuation contribution limits that could apply from July 1 this year open up a range of possible strategies to employ over the next few months. Here’s what you can do . . .

While Australia’s December inflation data confirmed the price rises being experienced by everyone, there’s a hidden silver lining that can supercharge your retirement savings.

Q+A: Got parents in aged care? Did you know there’s a means-tested daily care fee cap, which is the maximum amount payable by an individual towards their daily care? Here’s how it works . . .

The FIRE personal finance movement has faced some headwinds as inflation rebounds and markets wobble, but this Perth man still thinks he can retire by 30 years old.

Frustrated customers of a big four bank have reported a major internet banking outage, affecting their ability to access their cash.

Billionaire wealth surged 16 per cent last year while millions of Australians struggled with poverty and food insecurity, prompting calls for urgent tax reform.

New figures based on what retirees are actually spending in retirement shine a light on just how much superannuation Aussies need when they leave the workforce.

Here’s three simple strategies to start using your super savings that may be available to anyone in their 60s, regardless of their employment status.