Dutton’s huge claim about budget
The Opposition has labelled the latest budget a “disappointment” as they claim one group of people “won’t receive one cent”.
Superannuation
‘Plan now’: Grim warning for young Aussies
A finance expert has warned young Aussies to get their retirement ducks in a row and build a nest egg now, saying it will only “get worse over time”.
Age when you will earn the most money
Your peak earning years may be just closer than you think, if data from the 2021 Census is anything to go by.
Mistake that could cost you $2,553
The average Aussie could risk losing more than $2000 in twelve months by making one simple mistake with their finances.
‘Dud’: $230k hit in worst super funds
Alarmingly, around $10 billion of Australians’ retirement savings are invested in dud products but many wouldn’t know the “harm” they are suffering.
Super funds slammed for $25b move
Australia’s biggest super funds have been criticised for decisions being made that will have a huge impact on young people’s future.
Boomers urged to stop hoarding
In the next 10 years, Boomers are going to have access to a whopping $1.5 trillion – and they are being told to start spending it.
Real amount of super you need to retire
Aussies might not need as much in their superannuation account as they thought to set themselves up for retirement, according to the latest figures.
Rich causing $45b super problem
A report has warned Australia’s superannuation scheme has become “taxpayer-funded inheritance” for the wealthy, amid calls to cut tax breaks.
‘Crushing’: Aussies who are $40k worse off
Australians are being “ripped off” when it comes to their retirement to the tune of billions and a simple move could tackle the “financial blow”.
Grim climate change prediction for one group
An Australian researcher has detailed how heat-related impacts of climate change could have dire consequences for the elderly.
Super changes to impact more Aussies
Labor’s plan to tax super balances over $3 million attracted some controversy, but new analysis has shown the huge impact of a previous change made by the Coalition.
Simple way to boost super by $429,000
Too many Australians ignore their super fund, but with just one move, the average Aussie could boost their fund by $429,000.
Move that cost millions of Aussies $120k
Millions of people withdrew up to $20,000 from their super accounts – costing their retirement savings six times as much.
Secret super tax docs to be handed over
An unlikely pairing has joined forces to compel the government to hand over secret modelling into its superannuation tax hike.
Alarming super detail Aussies are missing
While the government’s move to more heavily tax super balances over $3 million generated endless headlines, there is one super figure you should care about.
Treasurer demands answers over video
Treasurer Jim Chalmers has hit back at ‘ridiculous and dishonest’ claims as the fiery debate over superannuation changes threatens to boil over.
Truth behind super tax firestorm
A political brawl has broken out over a change to how superannuation is taxed, but what on earth does it all really mean for you?
Hidden danger in Albo’s new tax
One detail in the government’s superannuation tax change could have a major impact on young people, new analysis has revealed.
Millionaire’s surprising super confession
Aussies atop the superannuation food chain have spoken out about the government’s latest tax hike for bulging retirement accounts.
Rinehart breaks silence on $554m scandal
Gina Rinehart has broken her silence on Australia’s super mega-fund controversy, providing the first clue in the “who owns the $544m fund” debate.
‘Schoolyard stuff’: Albo, Treasurer ‘at war’
Despite being born on the same day, Anthony Albanese and Jim Chalmers are facing accusations they are at “war” with each other.
$314k super mistake that’s easy to make
There’s an easy mistake people make when choosing a super fund and it could cost the average Aussie $314,000 – or even more.
‘Dead against it’: Dutton’s super vow
Peter Dutton has unleashed on a plan to overhaul superannuation, warning that ordinary Australians could be next on the hit list.
‘Should have done that’: Treasurer’s regret
Jim Chalmers was attempting to sell the government’s decision to lift taxes on superannuation funds when he found himself in hot water.
Trick to increase your super by $584k
Younger people in particular are ignoring this huge money-making opportunity, and it’s costing them hundreds of thousands of dollars.
11 words that could come back to haunt Albo
The Coalition has slammed the government for a major superannuation change they claim is a breach of trust.
Awkward video as super tax change slammed
The opposition has ‘gone to war’ over the top 0.5 per cent of earners – despite having backed in the changes to super years ago.
Huge tax cut claim after super changes
Labor’s plan to change superannuation has been labelled a “money-go-round scheme for the rich” as tax cuts for high earners remain on the table.
Shock as MPs break ranks over super
Anthony Albanese has found himself with a pair of unlikely allies after the government questioned whether it should overhaul superannuation.
Aussies urged to claim share of lost fortune
A staggering $16 billion is waiting to be claimed, and people don’t even need to buy a lottery ticket to get their hands on it.
‘Distraction’: Crossbench slams super plan
A plan to overhaul superannuation has been lashed, with one MP raising concerns the Treasurer is using it as an excuse to not talk about the cost of living.
Mystery surrounds Aussie with $554m super
A graph has revealed the extraordinary super savings of some of Australia’s wealthiest people – but one balance in particular has sent social media into overdrive.
How much super should you have?
The federal government wants to have a “national conversation” on superannuation. Here’s what you need to know.
Super tax changes ‘not a broken promise’
The Treasurer is denying the conversations about superannuation are a sign of a ‘broken election promise’ as the super wars rage on.
‘No change’: Albo doubles down on super
The Prime Minister has once again said there will be “no major changes” to the superannuation system, despite allegations of backflipping by the Coalition.
Graph proves there’s no fair go in Aus
Nobody has asked this pertinent question and the truth exposes a divide in Australia that benefits the richest to a disgusting degree.
’Not your piggy bank’: Super plan lashed
Despite Jim Chalmers saying he would bring an end to the ‘super wars’, the opposition is fired up and hitting back.
‘No major change’ for super: Albo
Anthony Albanese says there are no plans for a major overhaul of the super system as changes are being considered to stop “bad decisions”.
‘Our money’: Karl unloads on super plan
A review into superannuation has been met with criticism from some, including Today Show host Karl Stefanovic who has labelled it nonsense.
‘Big call’: Albo fires up at super ‘backflip’
A proposed change to a major tax concession has the Prime Minister defending himself against claims he’s broken an election promise.
Tennis great’s response to super changes
Recounting how she herself fled an abusive home, tennis commentator Jelena Dokic has smashed the government’s proposed superannuation plan.
Super plan an attack on Aussies’ money
The Coalition, which gave Australians $36bn worth of their super during Covid, are unhappy about the proposed changes to retirement savings.
Super ambush leads to PM’s first defeat
Anthony Albanese has suffered his first major defeat in parliament after an unlikely team united against him.
Three tough money questions you need to ask
You may not like them but the answers can help you avoid common savings mistakes.
Move to make Aussies $8k better off
The issue is causing a “crushing financial blow” to millions of Aussies with calls for the federal government to make urgent changes.
Common money mistake that costs $166k
It’s an easy money mistake to make – but the cost is $166,000 and there’s an easy way to avoid it from happening.
NRMA $5600 boost for one group
A major employer has announced a plan that could leave its employees thousands of dollars better off.
ABC presenter’s surprising career change
One of the ABC’s top finance presenters is leaving behind journalism after 15 years in the industry.
Trick to save homeowners $15,000
Getting on to the property ladder is tough. But there’s a trick to save up to $15,000 and it could be a game-changer for first-time buyers.
Trillion-dollar company’s Aussie bombshell
A new player is shaking up the Australian superannuation space claiming to offer a low-cost service – but some have been quick to point out a massive flaw.
Disturbing news for 75% of Aussie women
New research has revealed what the average Australian across different ages has saved up and whether they are headed for a comfortable retirement.
Tragic proof biggest Aussie ‘dream is over’
Chilling new research has revealed one of the biggest Australian dreams is now well and truly out of reach for most of the population.
850k Aussies set to be $220k poorer
Hundreds of thousands of Australians could be missing out on a whopping $225,000 over the coming years by not making this simple change.
Fashion group collapses, staff owed $500k
The crisis surrounding a collapsed fashion group has deepened, with the extent of its debts revealed.
Millions of Aussies owed share in $1.6b cash
“Wronged customers” are owed a share in billions of dollars due to mistakes from one sector of the economy.
‘Tough’: Aussies missing out on $283k
There’s a “fatal flaw” people are making when it comes to money and some “controversial” changes need to be made.
Amount you need for ‘comfy’ retirement
The exact amount of money you need to have a “comfortable” retirement has been revealed amid the rising cost of living crisis.
‘Pathetic’: Man slams bank’s $97 decision
With Australians paying out millions for this service, one man has slammed the lack of transparency and is calling on people to ask more questions.
500k Aussies hit by superannuation fail
Some superannuation companies have been forced to close to new members while others have ceased trading after failing a basic test.
How to boost your super by $252,000
Thousands of Aussies have over $2 million in their super funds – yet many others languish far behind. But there’s a simple way to boost your balance.
Aussies set to miss out on a massive $684b
Experts have said this crucial issue is creating a “disadvantage for life” and employers need to step up and making changes.
Sneaky tax loophole to save $75k
This perfectly legal tax trick enables an Aussie on the average salary to save $75,000 in tax when selling a property.
Biggest money mistake young Aussies make
Too many Aussie 20-somethings are ignoring this crucial thing – and it’s costing them thousands of dollars in the long run.
Common mistake 40-somethings make
It’s the crucial age group for getting rich, but too many Aussie 40-somethings are ignoring this one thing – and it’s costing them.
Safest jobs to have during a recession
A financial expert has weighed in on recession-proof jobs amid rising costs of living and skyrocketing interest rates.
Desperate plan to prevent $8bn disaster
Urgent laws are being introduced to stop some Aussie workers being saddled with “large, unexpected” debts while others score millions of dollars.
Biggest money mistake 30-somethings make
It’s the most crucial decade to get ahead with money but a financial advisor has revealed that 30-somethings make this big error.
Shock pic shows how much you need to retire
A graph shows just how big your nest egg should be to enjoy your golden years, but the path forward contains some obstacles.
Sneaky tax trick with $3518 reward
There’s an easy way to beat the share market downturn and pay less tax – you just need to do this one thing.
How much money you really need to retire
A consumer group has new targets on how much money you need to retire, arguing the super industry’s numbers are “too high” for average Aussies.
Exactly how much money you need to retire
Extensive new research has revealed exactly how much Australians need to save for a comfortable retirement.
Huge financial shift for young Aussies
The pandemic has prompted a major financial shift among young Australians, with a new survey revealing one key finding.
Way to make $50k a year doing nothing
There’s a time bomb waiting for some Aussies as a $2 trillion wealth gap means they can’t afford to stop working – but there’s a clever way to overcome this.
You’re about to be $8100 poorer
Australians have been battered by the rising cost of living, including soaring grocery prices, and now they are set to take another financial hit.
Shock $8k hit coming for Aussies at tax time
Australians will likely be in for a nasty surprise at the end of this financial year when they take a look at their super balances.
The Aussies with the most super revealed
There’s a big difference between Australians’ super pots with one area having more than double the national average.
Reason doctors are ditching this super fund
Health workers across Australia have withdrawn their savings from a major Aussie super fund in a mass protest.
Backlash over company’s $2b investment
The Australian organisation manages $68 billion but has come under fire from a grassroots movement for “greenwashing” in its advertising.
Why one in five will struggle to retire
One in five Aussies will struggle to retire based on the amount of super in their savings right now. Here is where you should be at.
Original URL: https://www.news.com.au/finance/superannuation/page/3