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.
Superannuation
‘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.
Trick to save $2658 tax every month
There are some little known tax rules that you can use to your advantage – saving tens of thousands in the process.
‘Why you’re a TV presenter’: Waleed mocked
The Project host Waleed Aly’s support for one of the PM’s most controversial policies was mocked by a guest who quickly pulled the presenter up on his facts.
‘Why I turned down $14k free cash’
A Sydney mum has explained why she’s turning down nearly $14,000 in free government cash because it will leave her worse-off in the long run.
‘One bank statement confirmed the worst’
Rebecca Smith was blissfully happy with her two beautiful children – until one bank statement revealed something “frightening”.
Two words Aussies should be raging over
The government has decided this isn’t an important issue, but for millions of Australians, it will have devastating consequences.
Shameful secret behind this photo
It looks like a happy snap of a perfect family – but Sydney mum Anna McFarlane says it hides a cold hard truth Australia should be ashamed of.
Aussie mum loses $100k in 20 months
Aussie mum Michelle Maynard estimates she will have lost as much as $100,000 – just by having two kids.
100,000 Aussies win $56.3m payout
The class action had been launched in response to the handling of member’s superannuation funds and could impact millions of people.
‘Volatile’: Reason your super is falling
There’s fear and uncertainty in the market which means superannuation and non-superannuation investments have seen a sharp decline.
One big thing hurting women’s savings
A common issue in Australia is badly affecting the ability of women to save money and leaving them much worse off when it comes to retirement.
‘Call that uncovered my boss’s deception’
Employees were ripped off more than $82,000 but despite complaints they haven’t seen a cent. Now the company has gone into liquidation.
Aussie staff’s $6k win at company
The issue costs workers billions and one Aussie company has called on the government and other business to stop the “unfair” penalty.
How to make yourself $419k richer
Millennials and Gen Z could use this long term wealth strategy to score themselves hundreds of thousands. Here’s how to do it.
Brutal reason workers are losing money
Huge numbers of workers are being denied their hard-earned retirement entitlements and are missing out on thousands of dollars.
Brutal reason Aussies are switching super
Most of Australia’s 200 super funds failed this crucial test, with calls for more scrutiny into where the sector’s $3 trillion in money is going.
One group made richer by Covid
The Covid-19 pandemic has changed how rich Aussies are but it hasn’t impacted everyone equally – one group in particular is better off.
Some jobs just super
Experts have revealed the occupations offering the best superannuation. So is your job on the list?
How much super you need to retire
A quarter of Aussies think they will need more than $1 million to have a good life when they hit old age. Find out if your retirement pot is on track.
Simple way to boost your super by thousands
Aussies are being urged to do one thing that could boost their super by tens or even hundreds of thousands of dollars.
Millions of Aussies trapped in bad super funds
The financial regulator has warned it wants to see Australia’s worst performing super funds close down or merge, as it highlighted poor performance.
‘No place to hide’: Dud funds named
If the people managing your nest egg aren’t doing a good job, check out the latest data from the regulator who has vowed more ‘relentless’ scrutiny.
Aussies who are owed extra $1700
Millions of Australians are owed an average of $1700, with new research showing where those eligible are most likely to live.
How much super you need to retire
Many Australians don’t know enough about superannuation and are heading towards an uncomfortable retirement if they don’t take action.
Aussie’s battle for $60k worth of benefits
The fast food worker has been fighting for the money but is concerned his former employer is never going to pay it.
Woman turns $10k into $400k in 7 months
The Aussie describes the huge windfall as “mind blowing” and has even used the investment strategy to boost her superannuation.
How to boost your super by $261k
Alarmingly millions of Aussies have no idea how their super fund are performing, which could cause real “damage” if urgent action isn’t taken.
How Aussies could make an easy $11k
There’s some simple ways to get your hands on thousands – but hurry as one deadline looms at the end of October.
20yo turning $25 a week into $282k
Vi is only 20 years old and in her second year of uni, but she’s already on track to pocket a whopping $282,000 thanks to her weekly habit.
Why your ex can get half your super
Although moving in with your significant other can be exciting, under certain circumstances, this could spell disaster for your superannuation.
How much super you should have at 30
There’s an amount you need in superannuation to lead a “comfortable” life in retirement and many need to save a lot more to get there.
Original URL: https://www.news.com.au/finance/superannuation/page/4