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More than 1 million people are missing out on thousands of dollars a year in benefits from the Commonwealth Seniors Heath Card because they may not know they are eligible.

1 million retirees are missing out on this $60,000 perk

Changes in eligibility rules mean that more than 1 million people are entitled to the Commonwealth Seniors Health Card but do not claim it.

  • Updated
  • Andrew Hobbs

How to build a portfolio using just three ETFs

It is possible to create a simple yet powerful portfolio with a handful of low-cost, exchange-traded funds.

  • Shani Jayamanne

The low-fuss way to transfer super to a spouse

Converting to a corporate trustee shouldn’t disrupt death benefit nominations so long as the paperwork has been done correctly.

  • John Wasiliev

Why you should consider gold over faddish private credit

Over the past five years, the precious metal has significantly outperformed government bonds, establishing itself as a compelling option for defensive investors seeking strong long-term returns.

  • Chris Brycki

Six ways to get ahead of private school fee inflation

The kids are back at school and your bank account has just taken another hit. Here are some tips for getting in front of next year’s rises.

  • Michelle Bowes

The reason so many adult children are challenging wills 

Soaring property prices have increased the size of the prize in inheritance disputes. And the bigger the estate, the better your chances. 

  • Lucy Dean and Joanna Mather

Wealthiest Australians

Left to right: Sigma Health Care CEO Vikesh Ramsunder with Chemist Warehouse founders Sam Gance, Jack Gance and Mario Verrocchi.

Here’s why Chemist Warehouse is really worth $32b

As Chemist Warehouse celebrates the $32 billion marriage with Sigma, it’s clear how vital the retail chain’s culture will be to the deal. Here are the secrets of that culture. 

  • James Thomson
Charlie Shahin has become the third largest shareholder in ASX-listed Vitura, and how has an 11.4 per cent stake. He helped bankroll the purchase of a medicinal cannabis company, Candor Medical.

Billionaire family backs Vitura’s purchase of medicinal cannabis firm

The ASX-listed company will acquire Candor Medical, a telehealth consultations provider, with the backing of wealthy businessman Charlie Shahin.

  • Simon Evans

Healthcare billionaire doubles seaside spread

Businessman Dennis Bastas and wife Georgina will add the disputed Mornington Peninsula site to the adjacent lot they purchased in 2021 for $7.1 million.

  • Michael Bleby
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What the ATO wants to know about your family’s succession plan

The founders of some of the nation’s most successful family business will soon turn 70, and the ATO wants to know what comes next.

  • Michelle Bowes
Fund managers are looking long-term as they contemplate another tricky year.

The secrets behind fund incubators’ success

The rise and rise of Pinnacle and its offshoot Scarcity Partners highlights the power of the diversified fund incubator business model.

  • Christopher Joye
The Australian Club’s grand facade.

Joe Longo to speak at men-only Australia Club

His attendance is part of a long tradition, several of his predecessors also having given speeches at the institution

  • Myriam Robin
A special rule allowed market linked pensions to be much bigger.

Use this strategy to maximise tax benefits of large ‘legacy’ pensions

People with very large older-style pensions should do the sums on whether to act on an amnesty provided by the government.

  • Meg Heffron
Elizabeth McArthur would rather pay the ‘singles tax’ than end up with the wrong guy.

The ‘singles tax’ stings, but can you put a price on happiness?

Studies suggest the price of choosing to live alone could be anywhere between 3 per cent and 15 per cent.

  • Lucy Dean
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An investigation found Bunnings had breached the privacy of hundreds of thousands of Australians.

‘Follow the Bunnings’: Top tips for SMSF property investors

Industrial and retail properties are paying rental yields of anywhere between 5 per cent and 8 per cent.

  • Sam Tamblyn
Timing is important because significantly different tax rules apply.

How quickly will my super fund pay me a lump sum?

There are no rules requiring super funds to make payments within a set timeframe.

  • John Wasiliev
Australia has raised tobacco taxes so far and so fast that we’ve spawned a vast black market.

Australia’s $10b tobacco mistake that’s helping criminals thrive

Unless and until we pair our tobacco taxes with matchingly strong enforcement, we’ll keep failing to fight illegal tobacco and cut smoking rates.

  • Chris Richardson
Private equity valuations face a sharrp correction.

Private equity funds face ‘$25b’ valuation wipeout

A global consulting firm has quantified the enormous valuation mismatch that lurks within Australian private equity portfolios.

  • Jonathan Shapiro

Avoiding tax traps of succession planning

The ATO has telegraphed an interest in the intergenerational wealth transfer, which means taxpayers are probably getting something wrong.

  • Mark Molesworth

January

Accountants working for higher net worth individuals are already fielding calls for advice.

ATO to crack down on Baby Boomer wealth transfer ‘risks’

The Australian Taxation Office says it will zero in on Baby Boomers restructuring private companies to pass billions onto their heirs.

  • Michelle Bowes

Pratt’s granddaughter married in lavish Raheen wedding

The lavish garden wedding at the Pratt family mansion took place on the same day another branch of the clan were fighting it out over the $23 billion family empire.

  • Patrick Durkin and Yolanda Redrup

Six easy steps to retirement readiness (and one hard one)

There are no courses on how to plan for retirement, so we have done some of the work for you.

  • Andrew Hobbs
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What interest rate cuts will mean for your money

February is firming as the month that the Reserve Bank will cut the cash rate, which will have flow-on effects for shares, property and term deposits.

  • Michelle Bowes
The increase means you may be able to get more money into the tax-free environment from July 1.

Tax-free super cap for retirement phase set to reach $2 million

To benefit from the indexation increase, you need to delay starting the pension until July 1.

  • Colin Lewis
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Earnings growth from small companies could be around 10 per cent per annum over the next two years.

Cyclical stocks poised for a comeback

The resources arena could deliver some of the best small cap performers of the year.

  • Michael Steele
ASIC commissioner Simone Constant wants super funds to double down on customer service – or risk court action.

‘Weak’ scam protections put trillions of super money at risk

Superannuation funds have been warned they are at risk of becoming “soft targets” for scammers.

  • Joanna Mather
Simone Boer at home in Lara, which is 18 km north-east of the Geelong. She says property investing affords her a more relaxed lifestyle.

‘How I plan to make $300,000 in passive income by 50’

Even with an $8 million property portfolio, Simone Boer and her partner, Paul Kudilczak, can’t quit their day jobs – yet.

  • Alexandra Cain and Lucy Dean
His and hers: Donald Trump and first lady Melania have both issued meme coins.

Trump meme coins are a disaster in waiting

Whatever one’s view of the value of cryptocurrencies, something about this moment feels like a story that won’t end well.

  • Lionel Laurent
Market watchers on edge as for when the next big stimulus will materialise.

Money managers are eyeing these 3 bright spots in Chinese stocks

Firms that might benefit from higher US tariffs and discount retailers are among the pockets of value.

  • John Cheng, Winnie Hsu and Abhishek Vishnoi

Original URL: https://www.afr.com/wealth