Wealth

Federal Treasurer Jim Chalmers

Treasurer insists he’s ‘modernising’ $230b Future Fund

Treasurer Jim Chalmers has defended changes to Australia’s $230 billion Future Fund, saying it’s his job to ‘improve it’.

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Australian Treasurer Jim Chalmers says the days of revenue windfalls in the Federal Budget are over.

Budget surplus days over as iron ore, jobs bite

Tumbling iron ore prices and a softening labour market has hit Federal coffers, leaving Treasurer Jim Chalmers with a ‘sliver’ of the revenue windfalls that have propped up his Budget bottom line.

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HESTA cut the value of unlisted investment options held by members creating their own investment mix using the fund’s Choice investments on March 20, 2020.

HESTA tops up 110,000 members in unlisted assets bungle

The Federal prudential watchdog has revealed defects in industry superannuation fund HESTA’s valuation processes as it was grappling with coronavirus market volatility in March 2020.

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The house Alys McDonough was driven to live in due to cost of living.

Cost-of-living crisis forces Aussie to Google desperate question

Alys McDonough hasn’t had a hot shower in almost two years. It was spiralling rents in Sydney and the cost-of-living crisis that forced her to turn to Google for help.

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Crypto is riding a Trump wave of renewed optimism. But don’t forget, there have been plenty of people burned badly in the past. Here’s one way to test the waters without losing your shirt.

With Don in charge, is crypto now worth the gamble?

DEBTMAN: Crypto is riding a Trump wave of renewed optimism. But don’t forget, there have been plenty of people burned badly in the past. Here’s one way to test the waters without losing your shirt.

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With wedding costs and property prices continuing to soar every year, many couples are finding they have to choose one or the other because they just can’t afford both.

Tie the knot or buy a block? A modern love dilemma

With wedding costs and property prices continuing to soar every year, many couples are finding they have to choose one or the other because they just can’t afford both.

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What happens if one half of a couple is eligible for an age pension but the other is still working? It’s not good news for the retiree, but there might be a way to ease the financial pain. Here’s how . . .

Help! My younger husband is draining my age pension!

Q+A: What happens if one half of a couple is eligible for an age pension but the other is still working? It’s not good news for the retiree, but there might be a way to ease the financial pain. Here’s how . . .

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Here’s where you’re probably going wrong with your self-managed super fund, writes Nick Bruining.

Think you know how to run a SMSF? You don’t, and here’s why

Self-managed superannuation fund investors may be relying on luck rather than proven investment strategies to build their retirement nest eggs. Here’s where you’re probably going wrong.

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If you’re receiving an age pension, do you need to tell Centrelink every time you make a withdrawal to fund an adventure?

Do I need to tell Centrelink every time I spend my money?

There’s nothing better than enjoying your retirement with the odd getaway. But if you’re receiving an age pension, do you need to tell Centrelink every time you make a withdrawal to fund an adventure?

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National Australia Bank chief executive Andrew Irvine says the inability of businesses to pass on rising costs is becoming an increasing problem.

Cost of living: NAB paints grim tale of haves and have-nots

One of the big four bank’s annual results show a widening gap between those struggling with the cost-of-living crisis and a new group of ‘mass affluent’ customers.

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Reserve Bank Governor Michele Bullock and Treasurer Jim Chalmers are at loggerheads over the implications of spending on inflation.

RBA boss and Treasurer at loggerheads over inflation. Again

The Reserve Bank was forced to adjust its expectations due to ‘higher than expected’ Government spending, casting shadows around Jim Chalmers’ claim Labor was making progress in the fight against inflation.

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You’ve slogged it out but retirement is still a decade or more away. With the kids now older, you may be saving a bit more. Here’s how to put it to use and light a blazing fire under your nest egg.

The best ways to boost your super in your 50s

You’ve slogged it out but retirement is still a decade or more away. With the kids now older, you may be saving a bit more. Here’s how to put it to use and light a blazing fire under your nest egg.

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The first pay agreements to be approved under the changes will include wage rises for more than 2000 cabin crew on airlines.
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Graeme Butler’s Budget Busters

Budget Busters: How to avoid overspending on Christmas gifts

The most wonderful time of the year can also be the most expensive. Graeme Butler reveals how you can enjoy Christmas day knowing you haven’t overspent on gifts.

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Got a cash pile sitting in a term deposit? As we edge closer to a fall in returns as the RBA starts to cut interest rates, could that money be working harder for you in your super fund?

Is my cash better off in a term deposit or super?

Got a cash pile sitting in a term deposit? As we edge closer to a fall in returns as the RBA starts to cut interest rates, could that money be working harder for you in your super fund?

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