Wealth

‘A good investment doesn’t automatically turn into a bad one overnight when tax law changes.’

By becoming eligible to claim a part-age pension, you’ll be fully exempt from the new minimum 30 per cent tax CGT. Here’s the hacks you need to know to get yourself support from Centrelink to ease the blow.

As the stark reality of changed capital gains tax rules sink in, one significant carve-out is grabbing the attention of those Australians likely to be affected. Here’s what you need to know.

Q+A: Got help from the Australian government for your education, then headed off for a bright future and career overseas? You can’t hide from the tax man. What you need to know (and do) to avoid a monster bill.

Fights among beneficiaries of wills are rising. But parents of kids relying on an inheritance can take simple steps to avoid or minimise the chance of a dispute.

Q&A: Can your grandchild challenge your will, who is allowed to see what’s in there and what evidence would you need to challenge it if you miss out?

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.