Shocking truth about your savings
A troubling detail about the amount of debt and savings among Australians has been revealed in new research.
Investing
Ex-EY partner accused of ’unacceptable’ act
A former big four tax partner is under fire for allegedly promoting a tax exploitation scheme that netted more than $700,000.
Terrifying ASX graph reveals big red flag
Dozens of ASX-listed companies have entered a ‘zombie’ zone as they are on the brink of collapse and in need of drastic change to turn things around.
50% of staff quit at $12m Aussie start-up
Half the staff at an embattled Australian start-up have quit, amid several legal disputes and criticism of some of the company’s business expenses.
RBA boss’s $110k pay bump before exit
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
ASX down amid Israel-Gaza concerns
There was cautious trading to kick off the week as investors monitor news of the ongoing Israel-Gaza war.
Aussies set to cop $80,000 tax slug
Australians who carefully saved up through self-managed super funds are set to be walloped with a brutal new tax that could leave some struggling to pay their bills.
ASX closes up, but down for the week
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Way to increase your income by $72K a year
It could take as little as $6 per day to increase annual wealth by $72,000 a year – but there is a time limit on how effective this investment is.
Huge growth for Aussie building sector
New Bureau of Statistics data has revealed building approvals are recovering following a bumpy few months for Australia’s construction sector.
Evergrande shares stop amid 90% wipe-out
The trading of debt-riddled property behemoth Evergrande has been halted on the stock market exactly a month after it relisted on the share market.
Aussie city’s rent crisis laid bare
Despite positive figures on paper, people in one Australian city are feeling the pinch from soaring rents and massive mortgages – and things are tipped to get worse.
Rare banknote sold for record-breaking price
A rare $10,000 banknote minted during the Great Depression has sold for a staggering $750,000 at auction.
Gen Z worker shares ‘no longer broke’ hack
A 24-year-old retail worker has revealed the budgeting tactic that helps her pay cost of living expenses and save for holidays even on an “average salary”.
Way to make $266,000 in a recession
Many Aussies have pulled back from investing but downturns make millionaires and there is serious money to be made.
Twist for lawyer accused of $150m scam
The daughter of fugitive property developer Jean Nassif will make a bid to have her charges thrown out of court after she was accused of a $150 million bank scam.
Email exposes Aussie’s $150,000 nightmare
A widowed Queensland pensioner has revealed the series of “charming” emails that saw her lose more than $150,000.
Man accused of $36.5m Ponzi scheme fraud
A man accused of defrauding nine investors of $36.5m in an alleged Ponzi scheme will go to trial in the Supreme Court.
Big bank’s surprise move for homeowners
One of Australia’s biggest banks has announced a shock move for its interest rates.
Hundreds rally to fight housing crisis
Hundreds have gathered in Sydney, calling on the Minns government to promise more public housing in the budget.
‘Lying’: Family reacts to $90k bank scandal
Family and friends have made startling admissions about the couple who lost $90k in a bizarre transaction that Commonwealth Bank can’t trace.
Warning stock’s bubble is about to crash
Its CEO became $6.5 million richer overnight, but now experts are warning that could all come crashing back down.
Brothers make $2.49m in two years
Two brothers who dropped out of high school in Year 10 have revealed how they made a staggering $2.49m in just two years.
FMG shares plunge amid executive exodus
The mining company of Andrew ‘Twiggy’ Forrest has taken a hit on the share market after its third executive within a week called it quits.
Warning as 20 ASX-listed firms collapse
Australian investors are facing a “nightmare” scenario as more than 75 per cent of all listed stocks teeter on the brink of collapse.
Popular wellness food company collapses
Halo Foods Co Limited, the parent company of four food brands sold in Australia, has called in the administrators.
‘Never get rich’: Brutal Aussie money truth
It’s something countless Aussies automatically do without thinking – but it could end up costing you hundreds of thousands of dollars.
Investor makes $805m off Evergrande crash
A lucky investor who snapped up Evergrande’s stake in a firm for a steal is now sitting on a goldmine after the share price suddenly surged.
How Aussie mates turned $1200 into $256k
If you have $1200 leftover at the end of the year, chances are you’ll tuck it away into savings, but that’s a huge mistake according to these experts.
Why Aussies will pay less for bottle of wine
Australian wine lovers look set to enjoy quality reds at reduced prices for years to come because of these factors.
Original URL: https://www.news.com.au/finance/money/investing/page/6