Wealth

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Westpac has gone head-to-head with ANZ, matching its lowest variable home loan rate at 5.84 per cent.

Big four bank’s ‘customer stealing’ move as mortgage wars heat up

Two of Australia’s biggest lenders are going head-to-head for your home loan.

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Australian renters now need an annual income of $130,000 to afford an average rental.

The six-figure salary needed just to afford a rental in Australia

Rental stress has now extended well beyond low-income earners as it is revealed ticking ‘time bomb’ could soon explode.

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Treasurer Jim Chalmers (right) has warned voters not to expect big promises in the Budget.

Chalmers warns Australians not to expect big Budget promises

But a taxation surge that allowed the Labor Government to promise billions in infrastructure, social welfare and economic subsidies is ending, according to the treasurer.

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DEBTMAN: Eighteen-year-olds think they know everything. But they don’t, not yet anyway. A few snippets of good financial advice now can help set them up for life. Here’s where to start the conversation .. .

The sound financial advice I’d give to any 18-year-old

DEBTMAN: Eighteen-year-olds think they know everything. But they don’t, not yet anyway. A few snippets of good financial advice now can help set them up for life. Here’s where to start the conversation .. .

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Selling the family home to downsize into small digs can deliver a mega profit. But what does all that extra cash do to your pension benefits. Can you minimise the amount you may lose? Yes, you can!

How to bank big profits for home sale AND keep your pension

Q+A: Selling the family home to downsize into small digs can deliver a mega profit. But what does all that extra cash do to your pension benefits. Can you minimise the amount you may lose? Yes, you can!

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Here’s the new numbers you need to know to qualify for a part pension. Remember, even if you only just scrape in a single is still guaranteed at least $59.10 a fortnight. For couples it’s even better.

New Centrelink limits can get even wealthy a part-pension

The increases, to take effect from Thursday, will see a huge cohort of wealthy seniors qualify for a part-pension for the first time.

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We all worry if we’ll be able to afford a comfortable retirement. The latest figures show prices easing for retirees, and have put a figure on how much you’ll need a year to live well after you give up work.

A comfy retirement will now cost you this much a year

We all worry if we’ll be able to afford a comfortable retirement. The latest figures show prices easing for retirees, and have put a figure on how much you’ll need a year to live well after you give up work.

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Families struggling to make ends meet may now qualify for a special Centrelink concession card that provides a range of handy health, transport and local government discounts. Here’s how to get one.

The low income support card you probably don’t know about

Families struggling to make ends meet may now qualify for a special Centrelink concession card that provides a range of handy health, transport and local government discounts. Here’s how to get one.

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Should you use superannuation savings to clear the mortgage? There’s a few important factors to remember, and why one option beats the other.

Why using your super to pay down your mortgage works out

Should you use superannuation savings to clear the mortgage? There’s a few important factors to remember, and why one option beats the other.

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There are now four lenders offering first-time homebuyers 40-year mortgages. The dangers of taking on extra debt, albeit over an extra decade, may be the only option for those shut out of the house price boom.

Why a 40-year mortgage may be only way to own home for some

There are now four lenders offering first-time homebuyers 40-year mortgages. The dangers of taking on extra debt, albeit over an extra decade, may be the only option for those shut out of the house price boom.

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An eligible couple could collect almost $47,000 a year for life, freeing up their Australian superannuation savings for fun stuff instead of generating a retirement income. Here’s how to get money for jam!

Big change in rules to get yourself a $470-a-week UK pension

An eligible couple could collect almost $47,000 a year for life, freeing up their Australian superannuation savings for fun stuff instead of generating a retirement income. Here’s how to get money for jam!

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The confluence of our modern responsibilities, coupled with the escalating costs of living, creates fertile ground for the weight of bills, debts and seemingly unattainable savings goals to grow into an insurmountable burden.

Financial burnout is real, and it’s a growing problem

In an era defined by relentless pressures and the demand to achieve more with diminishing resources, a subtle yet pervasive phenomenon is taking hold: financial burnout.Here’s how to fight back.

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The transfer balance cap is the amount of money that can be transferred from superannuation in the taxed accumulation phase to the tax-free retirement or pension phase.

Two million reasons to celebrate if you’re near retirement

It’s been all but confirmed — Australians are set to see a $100,000 increase in the amount of money they can invest in an environment that’s completely tax-free. Here’s how to take advantage of the new limit.

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The economies of scale from being in a couple don’t just help when it comes to travelling. With the number of one-person households on the rise, the ‘singles tax’ is staring to hurt, particularly solo parents.

Rising number of singles counting the cost of going it alone

The economies of scale from being in a couple don’t just help when it comes to travelling. With the number of one-person households on the rise, the ‘singles tax’ is staring to hurt, particularly solo parents.

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The RBA has finally cut interest rates and now is the time to hassle your bank for a better home loan deal. And there’s one magic number they want to hear that could get you a cracking new rate. (Bianca De Marchi/AAP PHOTOS)

The magic number that could get you a better home loan rate

The RBA has finally cut interest rates and now is the time to hassle your bank for a better home loan deal. And there’s one magic number they want to hear that could get you a cracking new rate.

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