Money Magazine

There is a dearth of financial literacy in Australia, and the sad fact is that what is not taught during our early adult years is learnt as painful lessons during our adult lives. Knowing how to budget, appraise risk and ‘think’ about money isn’t a c

Senior journalist I grew up thinking that somehow everything would work out financially and I’d live a comfortable life. Luckily, I soon learnt that the more proactive you get about your finances, the more it pays off. Turns out the family we’re born

EDITORIAL Founder & editorial adviser Paul Clitheroe Editor-in-chief Michelle Baltazar [email protected] Managing editor Vanessa Walker [email protected] Art director Ann Loveday Designer David Matthews Senior sub-editors

The Australian government uses the tax system to encourage us to invest in our superannuation to reduce dependency on the age pension when we retire. Similarly, it uses the tax system to encourage us to take up private health insurance to reduce dema

Some may have heard the joke about the economist and the weather forecaster, the punchline being that one profession exists to give the other credibility. A few years ago, a forecaster from the Bureau of Meteorology spoke at a gathering of economists

If there is one thing you thought you could trust, it’s a phone call from your child, partner or best mate. It sounds like them, so it must be them, right? Sadly, not any longer. With the advent of voice cloning, bad players can take mere seconds of

Just the title of this book is enough to pique the interest of anyone sick of working too hard for too little money and yearning for a more lavish lifestyle. Serial entrepreneur Noah Kagan says there has never been a better time in history for entrep

If you qualify as an ‘early-stage investor’ you may be entitled to tax benefits on your investments in so-called ‘early-stage investment companies’. These incentives are designed to promote investment in potentially high-growth start-ups where there

1in6 The number of victims who lost more than $1000 to card fraud. Source: ABS Nearly two million people fell victim to fraud involving their credit and debit cards, the latest data from the Australian Bureau of Statistics (ABS) reveals. Fraud occurs

Property prices across the country have continued to rise at a steady pace, according to CoreLogic’s national Home Value Index, which was up 8.9% over the 12 months to the end of March. This took the median national dwelling value to $765,762 – $63,0

It’s official: the first quarter of 2024 was one of the best in years for global equity markets. The MSCI World Index rose more than 9% between January and the end of March which, according to an analysis conducted by global asset manager Insight Inv

Sonic Healthcare’s growth strategy is centred on a single principle: economies of scale. It drives increasing volumes of tests through its centralised labs to reduce fixed costs. Acquisitions are an important part of that strategy, allowing Sonic to

Q I’m older than 60 and drawing on my superannuation to top up my income. I chose a mix of asset classes in the pension phase account that I’m drawing on. The fixed-income portion was withdrawn first and is now used up (the total balance is still mor

Q I moved to Australia in 2008, the year the GFC hit the UK. We lost $350,000 in the move and that caused my former husband to develop mental health issues. We limped on, but things got worse when we got moved to Melbourne from the Gold Coast. The GF

Now, here is a beauty! It’s from Langhorne Creek, one of the best places in the country for consistently sourcing excellent-value shiraz. It is a touch restrained on the nose yet has marvellous, supple, fleshy texture. As well as this, it is full, po

Australia’s finest pinot noirs are special occasion wines and are priced as such. This second-tier wine from one of the Yarra Valley’s finest producers is quite delicious: its quality will surprise (and delight) many. It has attractive redcurrant and

What is it? LG CineBeam Qube mini projector This pint-sized, go-anywhere projector can turn any room into a movie theatre or dance floor, thanks to its auto adjustment tech and auto focus feature that optimise the screen’s size and clarity based on t

With women reporting domestic and family violence every two minutes in Australia, it’s clear we have a serious problem. Thankfully, when survivors are forced to leave home to escape serious harm to themselves or their children, charities such as Rize

We have owned a rental property for more than 15 years. It’s in a good suburb in Victoria and is currently rented, but it’s getting old. We are 65 and have industry super as an allocated pension. We own our home in Victoria and live off rent and supe

Wow, we have plenty to talk about, Maree. Thanks for this question. I think we can cover a fair bit of ground, which I know will interest not only you and your husband, but many other readers, in particular those in our age range. I suspect younger r

• Delays recognising or acknowledging a problem, such as ignoring emails from banks or not opening bills. • Delays in seeking help. • Prolonging unhelpful behaviours such as overspending. • Withholding information from others including close family,

• Acknowledge the link between financial wellbeing and mental health and think about how this affects you personally. • Get in control of your finances by setting aside time for money matters – try and get into the habit of doing this regularly. • Do

• Celebrity endorsements The more we respect or admire someone, the more likely it is that we will trust a product they endorse. Knowing they have been paid a tidy sum to do so makes no difference. If our favourite celebrities are using or consuming

You could be the smartest person in the room but still be guilty of this. It means you are so confident in your ability to predict what the market is going to do – and that you will buy or sell at the right time – that it can get in the way of you ma

As a registered psychologist, I often find myself cringing at many of the assertions made in popular media about personality typing and their purported significance. Most of these profiles serve as nothing more than modern-day astrological signs or m

Depending on their situation, employees may be celebrating the stage 3 tax cuts that will kick in from July 1, but for small business owners the end of the financial year often brings extra administrative chores and, ultimately, a tax debt. The natio

Having covered the consumer sector in Australia and globally for more than 15 years, the Banyantree team has seen a fair few trends play out over several economic cycles. We are potentially in an extended period of elevated inflation, sub-par economi

The primary objective is to achieve long-term growth in the share price through capital appreciation of the underlying equity portfolio. The investment manager seeks to invest mainly in equities and equity-related securities that are expected to bene

Harry, 61, has a super balance of $150,000. He can no longer work full-time as a carpenter because of a back injury. But he’s looking for casual work because he doesn’t have enough to retire on and can’t access the age pension until 67. To pay his li

Ask the average person how to invest in the stockmarket and you will get one of two answers: fundamental analysis or technical analysis, and never the two shall meet. It all goes back to Benjamin Graham who wrote The Intelligent Investor, the bible o

The tables on these pages contain data and information to help you compare managed funds, which are pooled funds managed professionally by investment experts. Managed funds displayed in these tables are multi-sector or asset class specific. Multi-sec

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