Money
Super & retirement
Analysis
SMSFs
Millennials want more control of retirement savings
Millennials want more control over their retirement savings and are establishing self-managed super funds in ever-increasing numbers, to broaden their investments into a wider range of asset classes than superannuation funds traditionally offer.
- by John Collett
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Opinion
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Sold home to cash in on record prices: Where can we park the money?
If you are planning to buy another property within months, then maybe you should simply place your money in a guaranteed six-month bank term deposit.
- by George Cochrane
Opinion
Superannuation
Superannuation change is coming: What it means to you
The superannuation landscape is changing dramatically on July 1, when a raft of reforms come into effect that open a door to some worthwhile new retirement strategies.
- by Noel Whittaker
Pre-retirees told not to panic as market meltdown hits super balances
Super accounts took a beating this week following the carnage on world sharemarkets but experts caution that super is a long-term investment and those who panic usually miss out on the rebound.
- by John Collett
Industry super funds call for relaxation of financial advice regulations
Ahead of a Treasury review of the financial advice sector, industry super funds say they want to be able to provide cheap advice to retirees about how much money they need to retire and how long the will money last.
- by Simone Fox Koob
Opinion
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Does an inheritance impact the age pension?
It can take up to 12 months for an estate to be finalised, but Centrelink needs to know when your share of an estate is received.
- by Noel Whittaker
Opinion
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Capital losses can offset gains for overseas will beneficiaries
If a deceased person had been carrying forward unapplied capital losses, these can offset a capital gain from those assets transferred to a charity or foreign resident.
- by George Cochrane
Opinion
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Merger deal may come with nasty tax surprise
The “in-specie” dividend treatment of the merger of BHP’s petroleum assets with Woodside means that some investors will have a gross dividend that requires them to pay additional tax.
- by Noel Whittaker
Opinion
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Tax treatment of a short-term Airbnb rental
Anyone renting their home in NSW home on AirBnB, or similar, must first obtain a STRA registration number from the state government’s planning portal.
- by George Cochrane
Analysis
Superannuation
‘Stay the course’: Cash option proves costly for super switchers
Super fund members who switched their retirement savings from their fund’s balanced investment option to cash during the COVID-19 pandemic-induced market turmoil have missed out on big sharemarket gains.
- by John Collett
Opinion
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How much super do you need to retire?
The Association of Superannuation Funds of Australia’s estimate of annual expenses for a couple retiring comfortably at 65 is $64,771 a year.
- by George Cochrane