There is something deeply hopeful about the fact that we are living longer than previous generations. Advances in medicine, safer living conditions and better healthcare have given many of us more time than our grandparents could have imagined. But alongside that good news is a quieter reality that deserves attention. Researchers now talk about the … Read more
When growing up, many kids earned pocket money by babysitting, mowing lawns, walking dogs or washing cars for their neighbours. Part-time jobs delivering local papers or circulars (junk mail) were also popular. At home, some kids got a weekly allowance in cash that increased slightly each year. Others didn’t – the amount and the “inflation … Read more
Diversification is an investment management strategy that reduces the impact of some of your investments performing poorly. What is diversification When it comes to investing your money, diversification means spreading your money across a number of different investments, to reduce the overall volatility of your portfolio. For example, you can spread your money across types … Read more
Retirement can be a time when people may try to take advantage of your trust. Protect your money from people you know Elder financial abuse Elder financial abuse is a form of financial abuse and a serious problem in Australia. Many older Australians can be at greater risk of elder financial abuse as they are … Read more
Learn what compound interest is and how it can be used to grow your savings. Understanding compound interest Compound interest is where you earn interest on both your initial deposit and on the interest that you’ve already earned, making the total invested at the end of each term greater than the last. This is a … Read more
Key takeaways Australia is no longer just a China proxy – demand for its resources is increasingly being driven by global themes including AI infrastructure, energy transition, defence spending and supply-chain security. Structural scarcity is replacing cyclical commodity dynamics – years of underinvestment in mining, combined with rising demand for critical minerals, are creating … Read more
If someone close to you has died, you may be able to claim a super death benefit. What is a super death benefit? A super death benefit is money paid from someone’s super after they die. It may be paid to an eligible beneficiary (or beneficiaries) or to the person’s estate. A super death benefit … Read more
These are regular payments made from your superannuation fund or purchased using either superannuation money or savings. Keep in mind, these are general guidelines only. For more information, you can either: visit a service centre call the Centrelink Older Australians Line and speak to a Financial Information Service Officer. What types of income streams there … Read more