Wealth

‘What a hole you’ve dug, Aidan. Admit the mistake now.’

The return of inflation is hurting retirees more than workers, although hopes for interest rate cuts that would help home owners are deteriorating.

Westpac’s CEO says average-income Australians are locked out of the housing market with the bank seeing enquiries for first-home buyers double in a matter of weeks.

NICK BRUINING: While there’s a thriving business in building self-contained homes in the backyard, many aren’t aware a granny flat arrangement can be set up in an existing home, with little or no modification.

DANIEL NEWELL: Gen Zers are cementing their position as the powerhouse generation when it comes to spending, outpacing their older rivals who are further tightening their belts.

NICK BRUINING: While constant change provides fertile ground for financial advisers, accountants and many others that earn a living off change, it surely highlights this much, much broader problem.

More Aussies are delaying their retirement plans due to cost of living pressures, but a finance expert says there are seven simple things everyone can do to help them retire early.

The Lott have released a top 10 list of things NOT to do after a couple ‘watched in horror as the ticket turned completely black’.

It’s natural to want the best for your children, but good intentions are no substitute for good planning.With these strategies, the ‘Bank of Mum and Dad’ can lend a hand without risking your financial future.

NICK BRUINING: Self-managed funds now account for nearly a quarter of the $4.33 trillion invested in superannuation. So why are so many more people unhappy with their DIY approach?

NICK BRUINING: There are steps you can take to deal with problems with your financial adviser and, in many cases, receive compensation if their advice was inappropriate for your circumstances.

High school and university students need to take advantage of a ‘unique opportunity’ that could help them land a job almost anywhere, according to billionaire serial entrepreneur and investor Mark Cuban. 

NICK BRUNING: While pre and post-retirees are celebrating the Federal Government’s major backflip on its proposed $3m super tax, don’t for a moment think winning the battle means the war is also over.

NICK BRUINING: Many seniors accessing in-home care will be required to make new financial contributions based on their income and, for the first time, their assets. But there is a way to reduce the burden.

Bank lending to property investors has reached its highest level in almost a decade, as yields surge while care workers and teachers struggle to afford rents.