Wealth

A finance expert has sounded a warning to first home buyers - but there’s good news for some.

The price of gold has soared to new highs, as the US government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. 

Reserve Bank of Australia governor Michele Bullock has revealed how long it will take to solve Australia’s housing crisis - and declared it wasn’t her problem.

NICK BRUINING: Most don’t properly understand the risks and tricks used by some in the industry to effectively fool people into thinking an investment is completely safe. Here’s what you really need to know.

NICK BRUINING: With news that the corporate watchdog had placed an interim stop order on one of Australia’s most popular alternative income funds, many investors are now worried about the safety of their money.

SARAH WELLS: If you’re a grandparent, you’ve got a superpower. It’s the power of your stories, your wisdom and a little bit of old-school know-how when it comes to something we all deal with daily — money.

As many cryptocurrencies hit all-time highs, uncertainty over how various government departments treat these assets could leave some traders and others exposed if Centrelink or the ATO ever come knocking.

Q+A: ‘I want to put a $170,000 inheritance into a term deposit inside my super fund. How safe is my money and would a normal bank term deposit be a better, more secure option?’

‘A lot of people looked at me as if I was crazy.’

Australians can almost double their superannuation balance through a bit of research and a $50 trick.

Here’s who will be receiving increased payments.

NICK BRUINING Q+A: In most cases, executors have 12 months to sort deceased estate affairs. After that, Centrelink can include the value of any ‘entitlement’ in means testing, which may cut your pension.

NICK BRUINING: Thousands of retirees looking forward to a sizeable lift in their age pension could be up for a rude shock when computer systems recalculate their entitlements. Here’s what’s about to happen.

NICK BRUINING: Revelations by Your Money that seniors were being turned away from the State Government’s new solar battery rebate scheme have triggered a significant review of the program.

Q+A: Starting over after a divorce with nothing is scary. With few liquid assets, one option may be to use your superannuation savings to invest in a rental. But there’s a few things to consider first ...