Money Magazine

Here at the Money HQ, we don't take recession-mongering lying down. We learn, we adjust and we negotiate our own terms. Remember an article we published, “Rich Nan, Poor Nan” (September 2019)? The potent money lesson there was that the “Rich Nan” min

Research manager The best financial decision I made recently was to move my home loan to a fixed term on a very low interest rate for four years. It gave me such peace of mind when the cash rate went up every month starting from May until December la

It all started for me around 30 years ago. I went to a seminar about the sharemarket and I thought to myself, “It's about time I took control.” I was flying high as a national manager for a large multinational company. I started to trade alongside my

Generative artificial intelligence will be transformative. Rather than fight it by calling for it to be banned, we should learn how to work with it. Anyway, with Microsoft embedding it in the Bing search engine and Edge web browser, and Google launch

Markets seem to have recovered in the run-up to China's reopening, after it pivoted away from its zero-Covid policy. Equities in particular are pricing in expectations of an economic recovery. Our base case is for a fairly brisk reopening. The spike

You might have considered downsizing and freeing up some of the equity to help fund your retirement. The home downsizer superannuation scheme allows you to do just that and enjoy a superannuation benefit. Better still, the scheme has been made more g

MORE MONEY STORIES ON P44-57 CAR OWNERSHIP Car owners estimate they are forking out $15,754 each year on average to run and maintain their vehicle, a new survey conducted by car subscription service Carbar has revealed. The latest average is 76% grea

An increase in demand for rental properties generated by overseas migration and returning foreign students helped drive the national vacancy rate down to a record low 0.8% in January, research by Domain has revealed. At the same time, most cities not

BlackRock CEO Larry Fink has predicted that tokenisation will be the next evolution of markets – and he's not alone. State Street has released its annual investment outlook revealing a growing interest in tokenisation, supporting Fink's view. Fink ma

MORE SHARES STORIES ON P76-89 FUNDAMENTALS Australian shares have outperformed their global counterparts over the past year, and AMP Capital believes this trend will continue. To get a handle on the future, it's useful to understand the past, and the

The US investor and fund manager Peter Lynch said you should invest in what you know, and I know Breville. From kettles to coffee grinders and much in between, I have eight of its products dotted around my home. The trouble is that whenever I researc

Q I am in settlement on an existing villa as a first home buyer in Western Australia, using all the grants and tax incentives available. I intend for it to be my primary residence, but it is tenanted for a fixed term for four more months. Am I able t

Q My dad is in his mid-70s and just sold his property. He has bought an off-the-plan apartment, but it won't be ready until mid-year. What's the best thing he can do with his money now? He will also have around $400,000 left after paying offthe other

What is it? This is a best-practice women's shelter in south-east Sydney that assists and provides support for women and families in crisis. In collaboration with Women's Community Shelters, the group has established a six-bedroom shelter to accommod

I probably use this rather old saying a little too often, Kate, but with money in particular it really is “never too late to get started”. We'll get onto the critical steps in the short to medium term in a moment, but I would not give up on home owne

A 2018 study by the University of Sydney took a deep dive into women working in investment management. It revealed an industry many refer to as a boys club. The research found some of the reasons women choose to work and stay in investment management

Anne Graham has been a financial adviser for more 20 years. She believes being a woman in a maledominated industry has been an advantage. “There were so few of us [female advisers] when I started. It was a point of difference, and many women felt com

Financial wellness is important to all of us. But just one in 10 one First Nations people reports being financially secure compared to one in two non-Indigenous Australians. That's not surprising. Indigenous Australians have faced – and still face –

You won't be able to get your finances in order overnight, but there are a number of things you can set out to do by Christmas, giving you ample time to schedule the tasks into your hectic schedule. Here they are, in order of the approximate amount o

The fact that girls earn 15% less pocket money than boys says a lot. We may think that gender stereotypes are changing, but it isn't happening as fast as we may believe. Boys earn an average of $12.59 a week compared to $10.98 for girls, according to

Inviting into your life a person who you've only met online can mean not really seeing their true personality until you're heavily invested in the relationship. Two years ago, divorcee Roxanne*, 45, met Bill* through a dating app. The relationship mo

Take a stroll through almost any neighbourhood and chances are there will be solar panels shining in the sun on at least T a few roofs. A third of Australian households – roughly 3.2 million – now have their own solar system, according to research by

Most people know that when we experience the death of a loved one, we grieve. It's our brain's way of processing the significant change and loss. What most people don't realise is that we grieve any change, including financial loss or a sudden career

Small business owners work in a variety of industries, but a common thread is that many are time-poor. So, the idea of completing a TAFE course or uni studies to gain extra skills and knowledge is often out of the question. The good news is that a we

The pandemic was raging, prices were soaring and buyers, especially those moving to regional areas, were battling it out for limited stock – 2021 could have been one of the most challenging years in recent memory to buy a property. That's the situati

For a sector that's usually considered pretty sleepy and “defensive” (we'll come back to that), consumer staples has been unusually volatile recently. During the Covid lockdowns, our eating and cooking habits changed, and then changed back. Inflation

Demography is destiny. It drives our economy, productive capacity, property prices, demand for goods, sharemarket prices, the job market and salaries. The feedback loop adding to the money cocktail is that overseas demography, and what those societie

What inspired you to become a pastry chef? I've always been around food. We're Greek. My family emigrated to Australia. And food is the love language. I was never good at school. I was great at showing off. And I was always great with cooking, only b