Wealth

Q+A: My wife is receiving a part-age pension because I am still working. She is older than me and I will be old enough to receive a pension in two years’ time.Can we boost her pension now?

Some seniors will have an opportunity to earn nearly $2000 a week in the lead-up to Christmas Day and not lose a cent of age pension along the way. Here’s why, and how the work bonus system works . . .

Fly-in, fly-out workers, young sport stars and social media celebrities can set themselves up for retirement in just a few months with this very easy super hack.

Shares in Australia’s biggest bank are down 16 per cent since June and many professional analysts still label it a sell on valuation grounds.

DEBTMAN: Annual superannuation statements are on their way. If you think you’ve got enough know-how, there are probably about half a dozen things you need to look at.

NICK BRUINING: Financial advisers who recommend SMSFs have been put on notice that ASIC will be ramping up surveillance of their activities following the release of a damning report.

SARAH WELLS: If you had good personal financial intentions for the year but haven’t quite stuck to them, there’s never a better time than before Christmas to re-calibrate your spending.

‘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’.